Euroins

mandatory_insurance

MTPL insurance is legally mandatory for every owner of a motor vehicle registered on Bulgarian territory and not withdrawn from circulation. Driving without valid MTPL is a violation; penalties are determined by Bulgarian legislation.

minimum_policy_period

Standard MTPL policy period is 1 year from the date and time of policy start. Shorter periods, but not less than 30 days, are permissible only in cases provided for in the Insurance Code.

policy_termination_non_payment

Single installment: policy terminates if premium is not fully paid at the start date/time. Multiple installments: policy terminates at 24:00 on the 15th day after the due date if an installment is not paid or is partially paid.

coverage_limits_article_492

Minimum coverage limits per Art. 492 of the Insurance Code: 6,450,000 EUR per event for non-property and property damage resulting from bodily injury or death; 1,300,000 EUR per event for property (things) damage. For events on EU member state territory, the minimum limits applicable in that member state apply if higher.

claim_payment_timeline

Insurance indemnity is paid within 15 working days after all documents required to establish the circumstances of the claim have been submitted. The final determination on MTPL claims must not exceed 3 months from submission of the claim under Art. 380 of the Insurance Code. If all required documents are not submitted within 6 months from the claim date, the insurer sends a reasoned opinion.

territorial_validity

MTPL insurance is valid in Bulgaria and abroad in: all EU member states, EEA countries, Andorra, Serbia, Switzerland, and Turkey. Coverage in third countries depends on Green Card system membership. Additional premium may be required for extended territorial coverage.

claims_procedure_documents

For non-property damage claims: claimant must provide bank account details, police accident report with injured persons, medical documents, death certificate and heirs certificate where applicable. For property damage claims: accident protocol, vehicle registration certificate part II, valid technical inspection certificate. All foreign-language documents must be translated by a sworn translator.

Green Card Certificate

International document certifying valid MTPL insurance and covering liability in third countries that are members of the Green Card system

Accident Legal Aid Insurance (Optional Add-on)

Voluntary insurance providing legal assistance, consultations, and attorney representation for road accidents with injured persons

Driver and Passenger Accident Insurance (Optional Add-on)

Voluntary insurance providing accident coverage for all vehicle occupants including driver, covering involuntary temporary or permanent disability and medical expenses

Minimum Policy Period

MTPL insurance standard policy period is 1 year; shorter periods of minimum 30 days are permissible only in cases provided by Insurance Code

Mandatory Insurance Requirement

MTPL insurance is legally mandatory for every owner of a motor vehicle registered on Bulgarian territory and not withdrawn from circulation

Policy Termination for Non-payment

Single installment: policy terminates if premium not fully paid at start date/time; Multiple installments: policy terminates at 24:00 on 15th day after due date if installment not paid or partially paid

Statutory Coverage Limits (Article 492 Insurance Code)

Minimum coverage limit of 6,450,000 EUR per event for non-property and property damage as a result of bodily injury or death

Claim Payment Timeline

Insurance indemnity is paid within 15 working days after all documents required to establish the circumstances of the claim have been submitted

Territorial Validity

MTPL insurance is valid in Bulgaria and abroad in: all EU member states, European Economic Area countries, Andorra, Serbia, and Switzerland; coverage in third countries depends on Green Card system membership