Insurers remove high price of IT risk drivers

Published by crashbg

August 18, 2008

Over the past months witnessed the changes in the compulsory insurance civil liability, they were more related to the eradication and the introduction of pricing factors than by themselves priced insurance. For example, contrary to most expectations for preserving and strengthening the methodology for raising the premium for drivers with having caused damage / PTP previous year, observed its gradual elimination. As evidence of this trend is the behavior of PD "Bul Ins, which removed" punishment "for the risk drivers with a higher cost of insurance.
Another insurance company, which removes the variation in the prices of insurance, dependent on the PTP driver is IRJSC "Armeec. Furthermore, the insurance company introduced in detail down the cost of insurance, as determined by the kubaturata in cars. The same company had another division in determining the cost of insurance against civil liability, which is whether the insurance will be valid or abroad. Thus, the lowest insurance premium is achieved when the place of registration of the insured vehicle is outside Sofia and no cover on it abroad.
Unlike other companies IRJSC "Armeec" increased prices on compulsory insurance, the increases apply to insurance valid abroad. For policies that are issued for use on the territory of the Republic of Bulgaria company provides 15 percent discount off the price of those valid abroad.
It is important to note that the above changes in these two insurance companies as serious concern, and other vehicles.
Changes in the last month and undertake PD "Lev Ins. Completely in the style of the aforementioned companies, it also eliminated imposed earlier on higher prices of insurance for drivers with a PTP. Watched process can be seen as a refusal of those companies to impose higher prices of insurance, which means the loss of customers because they would prefer to go to another company that does not apply increased accordingly.