The observance of road traffic rules is rather very important. Although, your organization’s drivers may as well stumble during the peak hours and cause damage to the third parties life, health or property.

In this case you are responsible for the damages caused and have to compensate them.

CMTPL is the best option for the solution of such problems. We will compensate the personal and property damages caused by yourself to the third party on your behalf.

INSURANCE OBJECTS

CMTPL is compulsory for the following means of transportation:

• passenger vehicles,
• buses, minibuses
• trucks,
• motorcycles,
• tow-trucks,
• trolleybuses

Damages subject to compensation

• Personal injuries, damages caused as a result of a car accident to the injured person’s health and the resulted loss of salary (income), death of the injured person
• Damages caused to the property

The maximum size of the compensation

• In case of personal injuries, AMD 3.3 million per accident per injured person, AMD 33 million per accident per all the injured persons
• In case of property damages, AMD 1.8 million per accident per injured person, AMD 18 million per accident per all the injured persons

Insurance period

CMTPL policy is signed for a minimum of 3 years and maximum 1 year, (except for “transit” and “temporary import” customs regime, as well as vehicles imported to RA territory by driving, for which CMTPL policy is being signed for a period of 10 days).

Insurance rate

The size of the amount to be paid for the CMTPL, the insurance premium, is calculated taking into account the following risk factors:

• The type of the vehilce (passenger, truck, etc.)
• The engine power of the vehicle
• The purpose of vehicle exploitation (personal, service, taxi, etc.)
• The availability of a trailer (except for trailers of agricultural purpose)
• Policy period
• The Bonus-Malus class of the Insured

You can get information on your current bonus-malus class online through CMTPL online surveys section located on Bureau’s website.