Bulgarian Government Proposes Costlier 'Civil Liability' for High-Risk Drivers
The Bulgarian government has endorsed changes to the Insurance Code today, suggesting that drivers who cause more accidents should face higher premiums for compulsory third-party insurance. This proposal, long-awaited, seeks to overhaul the system of determining insurance premiums, introducing a mechanism known as bonus-malus, where discounts are offered for accident-free driving while penalties apply for involvement in road accidents.
The decision, announced by the Government Information Service, comes after months of public consultation initiated last October....