Jump to content

Compulsory vehicle insurance on its way: Gov’t


geovalin

Recommended Posts

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/

Link to comment
Share on other sites

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.

Edited by MartinL
  • Like 2
Link to comment
Share on other sites

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 !

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Topics

  • Latest posts...

    1. 0

      Chanthaburi: Monk Killed, Two Injured in Collision With Car on Sukhumvit Road

    2. 0

      Ultra-Conservatives Urge Thai Govt to Abandon Thai-Cambodia MoU

    3. 0

      Collision in Phang Nga: Trailer Truck Engulfed in Flames After Crashing into Bus

    4. 27

      Is it possible to have the wheels on a roller suitcase repaired, and if so, where (in BKK)

    5. 32

      Harris, Biden camps blame each other for loss

    6. 12

      Thailand Live Monday 11 November 2024

    7. 0

      Reasons Chinese Buying Realestate?

    8. 179

      This sub-forum is quiet almost like half the posters are missing - since the election

  • Popular in The Pub


×
×
  • Create New...