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Finance 20/03/2019 Measures approved to improve compulsory insurance of civil liability of vehicle owners
Measures approved to improve compulsory insurance of civil liability of vehicle owners

Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan adopted a resolution “On measures to further improve the compulsory insurance of civil liability of vehicle owners”.

The resolution will introduce the Unified information system of compulsory insurance of civil liability of vehicle owners.

Insurance policies of compulsory insurance of a new type are being introduced. Insurance policies issued earlier will remain valid until the end of their term.

The amount of insurance payments for compulsory insurance is set at 40 million soums. Before this amount was equal to 12 million soums.

Now for insurance is not required to provide a power of attorney or other document confirming the ownership of this transport.

In addition, if the Unified Information System has the necessary data, it is allowed to take out insurance without providing the insurer with documents (passport, technical passport of the vehicle, driver's license).

This decree comes into force after 3 months.

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