Rosgosstrakh Armenia warns against invalid car insurance

YEREVAN, April 16. /ARKA/. Rosgosstrakh Armenia made a statement warning drivers against invalid car insurance policies.

In connection with the recent statement by Armenia’s traffic police on penalties for driving without insurance, Rosgosstrakh Armenia urges all car drivers to obtain an insurance policy before April 19, the statement says.

At the same time, the company says cases of invalid car insurance policies were found recently.

The company’s press office asks drivers to follow safety rules to avoid cheating.

The company calls on drivers to use services of agents they know and be careful while obtaining insurance for their cars from people they do not know.

The company says its all insurance agents are registered with the central bank and have the respective document, which should be presented to potential clients.

The statement says cases of offering policies at a discount price have become frequent recently.

“Rosgosstrakh Armenia reminds that the car insurance law forbids offering discounts, apart from bonuses for accident-free driving,” the statement says.

The company also says invalid policies are not incorporated into the database used by the police for penalties, which means that drivers risk being penalized if their policy is not registered within the database.

A fine of 5,000 drams for each 10 days is imposed in case of no insurance policy and 100,000 drams is the penalty for driving without such policy, says the report.

Rosgosstrakh Armenia insurance CJSC was established in May 2008. This is one of Russian ROSGOSSTRAKH Group’s companies. Its authorized capital amounts to AMD 4.5 billion. The company’s board includes ROSGOSSTRAKH Group’s leading specialists and the top management. Rosgosstrakh Armenia has offices in all the cities of Armenia – 13 in Yerevan and 34 in provinces. –0–

spot_img

POPULAR

Byblos Bank Armenia stands with CaseKey for the fourth year running

CaseKey 2026 is launching with unprecedented interest and new opportunities and, for the fourth consecutive year, with the support of Byblos Bank Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

LATEST NEWS

spot_imgspot_imgspot_img