DPR adopts law on mandatory vehicle insurance

Donetsk, May 24 – DAN. The DPR parliament has voted the law on the minimum compulsory vehicle insurance OSAGO, a publication on the People’s Council website reads.

The law was presented by the head of budget and finance parliamentary committee Marina Zheinova “with the aim of protecting the interests of DPR citizens and establishing additional guarantees of insurers’ financial stability”.

The law comes into force after signing by the DPR Head Denis Pushilin.

OSAGO is a compulsory third-party motor liability insurance covering damage inflicted on the life, health or vehicle in a traffic accident.*ot