Motor Third Party Liability Insurance

Exchange rates

as of 11/12/2024 17:00:13

Cash payment

Non-cash payment

Selling rate

1.96100

1.96000

Buying rate

1.94800

1.94900

BNB fixing

1.95583

Cash payment

Non-cash payment

Selling rate

1.90300

1.90000

Buying rate

1.81900

1.82100

BNB fixing

1.86145

Cash payment

Non-cash payment

Selling rate

2.43900

2.43400

Buying rate

2.31400

2.31800

BNB fixing

2.37191

Cash payment

Non-cash payment

Selling rate

2.15000

2.14800

Buying rate

2.05600

2.05800

BNB fixing

2.10758

Intended for

The scope of insurance is the liability, related to owning and/or using motor vehicles, for which the insured persons are liable pursuant to the Bulgarian legislation or the legislation of the country where the damage has occurred. Objects of insurance: passenger cars, light trucks and truck vehicles, mopeds and motorcycles, road tractors, buses, trailers and semitrailers, trolley buses, agricultural, construction, intra-factory and other wheeled, and crawler-type machinery.

Parameters and Insurance periods

Main Insurance Parameters

Territorial coverage	Republic of Bulgaria or Member States of the European Union (EU) and the European Economic Area (EEA)
	Third country, where damage has been caused to parties of a Member State when travelling between the territories of two Member States and provided that there is no national insurance bureau, responsible for that territory
	Third country, participating in the Multilateral Agreement
	Third country - member of the Green Card system
Risks covered	Non-material and material damages to third parties as a result of a physical injury or death
	Damages on somebody else's property
	Lost benefits - direct and immediate result of the damage
	Expenses related to the claim, including litigation-related costs, awarded to the insured
Limits of liability	For non-material and material damages as a result of body injury or death - BGN 10 420 000 for each event, regardless of the number of injured persons
Limits of liability	For damages to property - BGN 2 100 000 for each event, regardless of the number of injured persons

Insurance Periods

Insurance period	12 months, starting at 00.00 h on the day, specified as the beginning of the insurance period in the insurance policy
Deadlines upon one-off payment of the premium	In case of non-payment or partial payment of the insurance premium, the insurance coverage shall not enter into force and the insurance agreement shall be terminated at 23:59 h on the day specified as its beginning.
Deadlines upon deferred payment of the premium	In case of non-payment or partial payment of the first installment of the insurance premium, the insurance coverage shall not enter into force and the insurance agreement shall be terminated at 23:59 h on the day, specified as its beginning. In case of non-payment or partial payment of a deferred installment by the maturity date, written in the policy, the insurance policy coverage shall be terminated at 24:00 h on the 15th day as from the maturity date of the unpaid or inaccurately/partially paid deferred installment or another deadline, explicitly written in the policy.