Civil liability insurance will become mandatory for owners of registered vehicles in Georgia.
In accordance with a new bill, vehicle owners will have to insure their liability for causing harm to life, health and property of other persons while using a vehicle.
The draft law determines the minimum and maximum amount of annual insurance premiums according to the category of vehicles.
Specifically:
The relevant amendments to the law on “Compulsory Insurance of Civil Liability for Ownership of Motor Vehicle in Georgia” are initiated at the parliament bureau sitting today.