In mid-December, the Croatian Parliament approved a decision that will stop the monopoly of insurance companies. Parliament after 15 years harmonized the law on mandatory motor insurance with EU legal norms, osiguranje.hr reports.

Under the new law, insurers have fewer rights because they will no longer be able to self-assess, determine how much an hour of work will cost and dictate where cars will be repaired. From 2024, new hourly service rates will be established instead of EUR 13 euros that have not changed for decades, and policyholders will be able to count on a courtesy vehicle in the future.