Azerbaijan sees 31% rise in compulsory insurance of automobiles

Azerbaijan sees 31% rise in compulsory insurance of automobiles
  • Clock-gray 09:33
  • calendar-gray 01 December 2017

In November 2017, 84,898 contracts on compulsory insurance of civil liability of vehicle owners were registered in Azerbaijan, up 31% from previous year, Compulsory Insurance Bureau of Azerbaijan (CIB) said.

 

CIB says 13,427 of these cars were registered in the foreign country and entered in Azerbaijan for transit.

 

Insurance premiums on these contracts made up AZN 6,666,001, up 28% in comparison with a year earlier.

 

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