Motor liability insurance is a mandatory third party liability insurance related to vehicles accidents. This insurance is concluded for all vehicles registered or subject to registration in Romania.
The basic risks covered by the policy are:
⦁ bodily injuries or death of the person who was injured due to the Insured’s fault, as well as moral damages
⦁ damages consisting in damage to or destruction of the property of a third party, caused by the fault of the insured and consequences of such damages
Also, the insurance takes over and covers the court costs that the insured is held to pay in the lawsuit.