Online mandatory insurance of vehicles available in Armenia

YEREVAN, November 1. /ARKA/. Armenian motorists are now able to conclude mandatory insurance of their vehicles with any insurance company online at a 5% discount on insurance premiums, the Bureau of Car Insurers of Armenia said today.

It descried the online conclusion of contracts as a simple process that takes 3-4 minutes only. The payment for the insurance policy is made by means of any payment card. Immediately after the conclusion of the contract, the insurance policy is sent to the e-mail of the policyholder.
The Bureau of Car Insurers said it is not necessary to have a paper copy of the insurance policy in one’s car.

To conclude an online contract one should go to the website of the Armenian Insurance Bureau at www.appa.am and enter the «Online conclusion of vehicle insurance contracts” section, or visit www.aswa.am or any official website of an insurance company.

In a couple of months the online insurers of vehicles will be able to make their payments through Telcel, EasyPay, MobiDram and Idram payment terminals, the Bureau of Car Insurers of Armenia said..
The mandatory insurance against physical damage caused to other cars and individuals became mandatory in the country on January 1, 2011. -0-

spot_img

POPULAR

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

LATEST NEWS

spot_imgspot_imgspot_img