Bulgaria Drivers Pay BGN 100 More for Third Party Car Insurance

Some insurance companies in Bulgaria offer policies for the lowest class of car (engine up to 1 600 cubic centimeters) at prices around BGN 250. File photo

The price of the obligatory third party car insurance in Bulgaria has increase by at least BGN 100, depending on the type of car.

Some insurance companies in Bulgaria offer policies for the lowest class of car (engine up to 1 600 cubic centimeters) at prices around BGN 250.

This is the price only if the driver did not have any accidents on the road during the previous year. In case he had only one accident, the price goes to around BGN 270. If the accidents were two the price jumps to BGN 400. Those who were not careful on the road in the last year will have to pay nearly BGN 700.

The third party insurance for cars in the class up to 2 000 cc costs over BGN 270, and for cars up to 2 500 cc the price is nearly BGN 300. The prices for the most luxurious cars vary from nearly BGN 600 to BGN 1 500.

However, many insurance companies have not yet changed their price lists, but intend to do so in the next couple of months.

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