Car owners in Georgia will soon have to get mandatory insurance

Vehicle owners will have to insure their liability for causing harm to life, health and property of other persons while using a vehicle. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 04 Feb 2019 - 18:54, Tbilisi,Georgia

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:

  • For a motorcycle, which engine capacity is more than 50 cm3 the insurance package will vary from - 75.00-110.00 GEL;
  • For the car, which permissible maximum weight is 3,500 kg, and the number of seats (except for the driver's) is not more than eight - 100-150.00 GEL;
  • For bus with eight seats (except for the diver’s) – 160-240 GEL;
  • For trucks which permissible maximum weight exceeds over 3,500 kg - 210-310 GEL;
  • For agricultural vehicles – 60-90 GEL.

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.