The owners, that is, the users of motor vehicles, with the Law on Compulsory Traffic Insurance, are obliged, before entering the traffic, to buy motor vehicle liability policy, which ensures the owner from liability towards third parties for caused damages, the consequences of which may have: death, bodily injury and impairment of health, destruction and damage to objects*.
The tariff for motor vehicle third party liability insurance is determined by the Commission for Auto Liability under the Government of the Republic of North Macedonia.
The Government of the Republic of North Macedonia makes a decision on the amount of the minimum and maximum technical premium.
The price depends on the engine power of your vehicle expressed in KW, on which a bonus (discount) is calculated if in the past years the insured has not caused damage/s on this basis, and a malus (surcharge) if the insured has caused damage/s on this basis in the past years automobile liability.
The following additional insurances can be obtained with the motor vehicle liability insurance policy:
- Motor vehicle liability insurance for damages caused to third parties abroad – Green Card
- Insurance of the driver and passengers from the consequences of an accident
- Additional CASCO insurance of windows against breakage of passenger vehicles, trucks and buses
You can find out how to act in case you are involved in a traffic accident here.
If you already have a registered vehicle (in any insurance company) and you want to renew your vehicle registration policy, i.e. for motor vehicle third party liability insurance, you can do that as well online in Eurolink’s web shop.
* Third parties are not: Person driving a motor vehicle, owner, co-owner, insurance contractor and any other user of the vehicle.