On January 1, 2021, the Law “On Compulsory Civil Liability Insurance for Vehicle Owners” came into force in Tajikistan. This decision was made after it became clear that the government decree on compulsory insurance did not meet current requirements.
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There are two types of vehicle insurance in Tajikistan: comprehensive vehicle insurance [briefly called KASKO in Russian – Tr.], and compulsory civil liability insurance for vehicle owners [briefly called OSAGO in Russian – Tr.].
Comprehensive vehicle insurance [KASKO] is optional for the vehicle owners. It is also called the voluntary vehicle insurance.
This type of vehicle insurance is provided at the request of the vehicle owner. In the case of the occurrence of an insured event, the insurance company fully covers the repair of its client’s vehicle.
The risks covered under comprehensive vehicle insurance are:
- Road traffic accidents;
- Damage caused by falling objects (stones, tree branches, shatters, etc.);
- Fire and explosion of a vehicle;
- Natural disasters;
- Unlawful actions of third parties aimed at damaging the vehicle;
- Collision with animals.
Compulsory civil liability insurance for vehicle owners [OSAGO] is mandatory for every driver, and the law prohibits driving a vehicle without it on the territory of Tajikistan.
The KASKO implies the vehicle insurance, but OSAGO implies liability insurance of the vehicle owner.
The Law of the Republic of Tajikistan “On Compulsory Civil Liability Insurance for Vehicle Owners” was adopted in 2020 and came into force in the beginning of 2021.
Compulsory civil liability insurance for vehicle owners: what can an insured person count on? Read below.