YEREVAN, August 3. /ARKA/. Starting from August 1, 2020, the maximum amount of a car insurance compensation claim has increased if the parties involved in the accident register it by themselves by filling in the electronic form of the Agreed Statement and by using the ASWA mobile application, the Car Insurance Bureau said.

It said in particular, the maximum amount of the claim has risen from 100 thousand drams to 200 thousand drams in case the accident is self-registered by one of the parties involved. It said this applies only to car accidents occurring in the capital Yerevan.

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Tags: CAR INSURANCE, compensation, Yerevan

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Rosgosstrakh Armenia made a statement warning drivers against invalid car insurance policies

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Tags: Armenia, CAR INSURANCE, ROSGOSSTRAKH

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The ratio of car insurance losses incurred by Armenia-based insurance companies in 2014 May grew by 0.1 percentage point in May from April to 59.1 percent, according to a statement posted today on the official website of Armenia’s Car Insurance Bureau

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Tags: Armenia, CAR INSURANCE, companies

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Armenia’s insurance companies paid nearly 6.8 billion drams in a total of 34,898 mandatory motor insurance compensations in January-August 2013, the website of Motor Insurers’ Bureau of Armenia reports

Categories: General news, Insurance market, News, News of the hour | Comments Off on Mandatory car insurance compensations in Armenia hit nearly AMD 6.8bln in Jan-August

Tags: Armenia, CAR INSURANCE, companies

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Armenia’s National Assembly is considering in the first reading a package of amendments to the Law “On mandatory insurance of motorists responsibility ” and to the Code of Administrative Offences, which, inter alia, call for abolition of a requirement that car owners must fix car insurance coupons on the windshields from 1 January 2014

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Tags: Armenia, CAR INSURANCE

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Three Armenian insurance companies paid more than AMD 6.2 billion in 2012 on obligatory car insurance policies (67.2% of about AMD 9.2 billion, the total amount of the 2012 insurance market’s compensations), according to the information available on the website of Armenian Car Insurers’ Bureau

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Tags: Armenia, CAR INSURANCE

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Armenia’s insurance companies paid 45,661 compensations totaling about AMD 9.2 billion on obligatory car insurance policies, according to the information available on the website of Armenian Car Insurers’ Bureau

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Tags: Armenia, CAR INSURANCE

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The cost of mandatory car insurance policies are believed to be raised, since the number of car accidents has already exceeded even most pessimistic outlooks, Andarnik Ohanjanyan.

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Tags: Armenia, association, CAR INSURANCE

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