Motor Third Party Liability (MTPL)

Insurance subject

Subject of the compulsory MTPL insurance shall be the third party liability of the insured private individuals and legal entities for the property and non-property damages caused by them to third parties, related to possession and/or use motor vehicles, for which the insured persons shall be liable according to the Bulgarian legislation or the legislation of the country, where the accident has occurred.

Insured persons

Insured persons shall be considered the owner of the motor vehicle, for which there is a valid insurance contract, as well as any person, driving the motor vehicle on legal grounds.

Territorial scope

The compulsory MTPL insurance shall cover the liability of the persons insured for damages caused within the territory of:

  • The Republic of Bulgaria;
  • any member state of the European Union, as well as the states, belonging to the European Economic Area;
  • a third country, where the damages have been caused to persons from a member state of the European Union during a journey between the territories of two member states of the European Union, and under the condition that there is no national insurance bureau responsible for that territory.

Liability limits

The compulsory minimum sums insured (liability limits) till 01.01.2010 are, as follows:

а) For events, occurred on the territory of the Republic of Bulgaria:

  • For non-property and property damages as a result of bodily injury or death:
    - BGN 700.000 per event for one injured party;
    - BGN 1.000.000 per event for two or more injured parties.
  • For property damages - BGN 200.000 per event.

b) For events, occurred on the territory of a member state of the European Union or a state, belonging to the European Economic Area - the minimum liability limits of the respective state, where the insurance event has occurred.

Insurance term

The insurances shall be concluded for a term of 1 (one) year, except for the cases as per article 262 of the Insurance Code.

Payment of the insurance premium

The insurance premium could be paid at client's option as follows:

  • in a lump sum;
  • in up to four equal installments. Each installment should be paid till the date written in the insurance policy.