GEORGIA: total number of insured moto vehicles increased to 5.9%

30 August 2018 — Marina MAGNAVAL
According to the Insurance State Supervision Service of Georgia total number of insured moto vehicles in the country as of the end of the second quarter 2018 amounted to 5.9%, while last year their average number was 5.2%.

In the first quarter the number of insured land moto vehicles amounted to 5.5% (more than 71 thousand units) of the total number of moto vehicles, registered in the country. Such a trend means that people insure their moto vehicles more often. For comparison: in the first quarter 2017 the number of insured vehicles amounted to over 56 thousand, and in the first quarter 2016 - about 52.6 thousand units, wrote Sputnik information agency.

Total population in Georgia exceeds 3.7 million people, at that every third person owns a vehicle and there is no mandatory insurance for vehicle owners. Vehicle accidents happen really often in the country. In the first quarter 2018 there were registered more than 1 thousand of transport related accidents, including 66 fatal ones, data of the Georgian Ministry of internal affairs show.

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