273,000 drivers switch mandatory vehicle insurance providers
Out of 2.2 million Hungarian motorists eligible to switch their providers of mandatory vehicle insurance, approximately 273,000 decided to change insurance providers, Hungarian Insurers Association (MABISZ) said today.
Hungarians who bought their vehicles after the beginning of 2010 are eligible to switch mandatory insurance providers any time after 12 months have passed, while motorists who purchased their vehicles before 2010 can only switch insurance providers at the end of any calendar year.
Hungary has approximately 4.2 million vehicles that are required by law to be covered by a mandatory policy; 2.7 million of these vehicles are privately owned.
Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March
Hungary Condemns Iranian Attack on Israel
Wizz Air's 1st Debrecen-Istanbul Flight Takes Off
Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
