Payment of compulsory insurance of vehicles decreased in Azerbaijan

Payment of compulsory insurance of vehicles decreased in Azerbaijan In February, the volume of payments on this type of insurance totaled 2 mln AZN
Finance
March 2, 2016 17:57
Payment of compulsory insurance of vehicles decreased in Azerbaijan

Baku. 2 March. REPORT.AZ/ In Azerbaijan in February 2016, insurance companies, which are members of the Bureau of Compulsory Insurance (BCI) made insurance payments on "Compulsory insurance of civil liability of vehicle owners" of 1 616 insurance claims totaling 2 mln AZN.

Report informs referring to the BCI, the average amount of insurance payments for damage to owners of vehicle totaled 1 175 AZN.

In comparison with the previous year, the number of insurance claims declined by 9,5%, the amount of insurance payments - 4,5%.

In February, BCI has paid compensation for the 6 requirements totaling 28 750 AZN.

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