Compulsory vehicle insurance on its way: Gov’t

[geovalin]

The government announced yesterday that it will make vehicle third-party liability coverage compulsory soon.

 

.Speaking during ‘Insurance Day’, an event held on Thursday in Phnom Penh to promote the industry, Finance Minister Aun Pornmoniroth said the government is planning to issue a law that will make vehicle insurance mandatory for every vehicle owner, which, he added, is in line with the existing Insurance Law.

 

 

He said the law will aim to provide financial protection against physical damage resulting from traffic collisions as well as protect the insured against any liability arising from such incidents. “Victims will be appropriately compensated for their injuries,” he said, adding that the regulation will contribute to the development of the industry.

 

read more https://www.khmertimeskh.com/50627474/compulsory-vehicle-insurance-on-its-way-govt/

[MartinL]

I clicked on this topic from a link on the right-hand-side of the page, only to find it wasn't Thailand-related and therefore of no interest.

 

Is there a way that TVF can distinguish topics in 'Regional Forums' from Thailand topics - different background colour perhaps - when appearing in the RHS column?

 

Sorry to butt into your Cambodia topics, chaps.

[thenewgoo]

How about Thailand? I have had two minor accidents here - both at-fault drivers were uninsured. Fortunately I was.

[hotchilli]

15 hours ago, thenewgoo said:

How about Thailand? I have had two minor accidents here - both at-fault drivers were uninsured. Fortunately I was.

I was talking to an insurance agent the other day... from a well know Thai company AiA

He said as far as motor vehicle insurance goes there are two options:

1) If the car is under 7 years old you get a class 1 insurance, which means accident & personal injuries are covered.

2) If the car is over 7 years old you get class 2 insurance which covers accident damage only... you have to claim against the driver for personal injuries or loss of income etc !