In November, the members of the Bureau of Compulsory Insurance requirements are exposed to more than 3 million manat

In January -November, insurance companies - members of the Bureau of Compulsory Insurance paid to victims of road traffic accidents ( on compulsory insurance of vehicle owners ) more than 22.9 million manat.

According to the website of the Bureau, these funds are aimed at meeting the requirements of 16 655 on the facts of the accident.

Only in November to 12 member companies of the Bureau put 2 353 claims amounting to 3,129,573 manat. Claims on the fact of the car damage - in 2206 when requesting payment in the amount of AZN 2,902,735, upon damage to property - 80 complaints in the amount of 96,888 manat. Further, - upon loss of health in office turned 54 people, demanding compensation of 64 950 manats; relatively on the deaths of close relatives turned 13 heirs, claiming payment of 65 000 manats.

Intermediate payments by the Bureau for damage to cars in November were 1,353 manats.

Bureau members at the moment are 12 companies: Azersigorta, AXA MBASK, Ateshgah, Xalq Sigorta, Standard Insurance, Pasha Sigorta, AzSigorta, Mega Sigorta, Ata Sigorta, Ipek Yolu Sigorta, Azerbaycan Senaye Sigorta and Alfa Sigorta. The latter was deprived of the CTP license by the Ministry of Finance for alleged violation of terms of preparation and submission of documentation.

Compulsory Insurance Bureau was established in the implementation of the law "On mandatory types of insurance". Regarding CTP -in-law provided the average European level proved maximum payout for damage to health and life in one case an accident is 50,000 manat (including four passengers and one driver) , damage to one individual - 5,000 AZN, and damage to the car , too, is compensated at the rate of five thousand manats.

By law, cases of abandonment by CTP insurance payments are not provided. Passenger or pedestrian injured by even a drunken driver who escaped from the scene or has committed an intentional accident, and the driver driving without a license (if he was the owner of the vehicle) is entitled to receive compensation. Another thing is that the entities responsible for the traffic accident shall be liable for any wrongdoing.

Basic auto insurance cost rate of 1 500 cubic centimeters (in cases of CTP) is 50 manats. With the increasing volume of the engine used are the ratios of 1.5 (up to 5,000 centimeters cubed) and 5 (5,000 and more centimeters cubed).

Increase in the base price also is due to increase in passenger transport salons and tonnage of trucks. However, the increase in prices for "large-caliber" buses has not caused increase in the fares yet. - 17D-