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Tsvetanka Krumova for Newsroom on News7

Grazhdanska s EGN

Third Party Liability Insurance with a PIN number

Third Party Liability Insurance with a PIN number. Insurers will be obliged to provide free of charge Green Card Certificates for the countries of the EU, Turkey, and Macedonia. This calls for a number of changes in the Insurance Code.

The new ordinance will not bring about an increase in the price but what we pay for this type of insurance is a lot less than the prices in other European countries says Tsvetanka Krumova, Executive Director of Armeec Jsc. She believes there will be an increase but it will be influenced by European market factors.

Ms. Krumova said that the stickers we place on vehicles are unnecessary as everyone can do an online check.

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