Fri, 26 September
20.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

Car insurance compensation claims double in Yerevan

YEREVAN, August 3. /ARKA/. Starting from August 1, 2020, the maximum amount of a car insurance compensation claim has increased if the parties involved in the accident register it by themselves by filling in the electronic form of the Agreed Statement and by using the ASWA mobile application, the Car Insurance Bureau said.

It said in particular, the maximum amount of the claim has risen from 100 thousand drams to 200 thousand drams in case the accident is self-registered by one of the parties involved. It said this applies only to car accidents occurring in the capital Yerevan.

The Bureau said with the help of the mobile application, one can register an accident in a matter of minutes.

The purpose of the latest change is to reduce traffic jams on public roads in Yerevan caused by accidents.

The ASWA application can be downloaded for free on smartphones with operating systems iOS 8, Android 4.1 and their newer versions from the App Store and Google Play Store.

For more details on the terms and instructions how to register an accident one should visit the website of the Bureau. –0-

spot_img

POPULAR

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img