INSURANCE OBJECT — the property interests of vehicle owners related to the emergence in accordance with the legislation of their civil liability for compensation for harm to life, health and (or) property of victims caused when using the vehicle.
The INSURER — the owner of a vehicle, who has concluded an agreement with the insurer on compulsory civil liability insurance of vehicle owners.
VEHICLE OWNER — the owner of the vehicle, as well as the person owning the vehicle on the basis of economic management or operational management or on any other legal basis (property lease agreement, power of attorney for the right to drive a vehicle, order of the relevant authority to transfer the vehicle to this person, etc.).
VEHICLE — a device designed to transport people, baggage, cargo or equipment installed on it on roads.
INSURANCE PERIOD — 1 year;
Geographical area - Republic of Uzbekistan
Methods of calculating the insured amount and insurance premium | |
Insurance amount | Insurance premium |
40 000 000 sum on one vehicle:
35% paid in case of damage to the property of the victim 65% in case of harm to life and health of the victim
| Size depends on: - Type of vehicle; - Vehicle registration places; - The number of drivers allowed to drive; - The presence or absence of insured events; - Length and age of driver; - The period of use of the vehicle; - The presence of violations. |
Based:
1. Law of the Republic of Uzbekistan “On Compulsory Third Party Liability Insurance of Vehicle Owners” No. 155 of April 21, 2008
2. PKM Ruz “On Measures for the Implementation of ZRUz“ On Compulsory Third Party Liability Insurance of Vehicle Owners ”No. 141 of June 24, 2009
3. PKM Ruz “On measures to further improve the mandatory civil liability insurance of vehicle owners” No. 222 of March 16, 2019.