Near 870 vehicles compulsorily insured this year in Azerbaijan

Near 870 vehicles compulsorily insured this year in Azerbaijan
# 07 December 2012 09:57 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of December 1, 2012, 869,400 contracts were signed on compulsory third party liability insurance of motor vehicles, said the Azerbaijan International Insurance Forum (AIIF) Bureau's executive director Elkhan Guliyev.

According to him, 665,500 of them are on-year, others – one-month (transit vehicles of temporarily used in Azerbaijan): “Total premiums on this type of insurance made AZN 68.9 mln”.

Guliyev also noted that one-year contracts make approximately 80% of vehicles that have passed technical inspection at the State Traffic Police.

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