News

Compulsory insurance contributions to the Guarantee Fund for 2024 remain unchanged

06 December 2023

On the proposal of the Council of the Guarantee Fund, the Financial Supervision Commission has determined the contribution to the Fund for uninsured motorists of the insurers offering compulsory motorists' liability insurance in Bulgaria to remain at BGN 12.50 for each insured motor vehicle.

The amount of the contribution of the insurers offering in Bulgaria compulsory accident insurance for passengers in public means of transport also remains unchanged and remains BGN 0.15 for each seat, excluding the driver's seat in the vehicles.

The contribution to the Security Fund also remains unchanged at BGN 3.50 for each vehicle insured under Motor Third Party Liability.