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ARTICLE · 29 JANUARY 2009

Compulsory Motor Third Party Liability Insurance: Russian Update

As of 1 January 2009, Russia finally became a participant of the international motor civil liability insurance system known as "the Green Card System".

RussiaInsurance
Anna Petrova
Anna Petrova

As of 1 January 2009, Russia finally became a participant of the international motor civil liability insurance system known as "the Green Card System".

The system has been operating since 1951 and was established to settle claims initiated by victims of traffic accidents involving foreign drivers, under the national law of the country where the road accident took place. At the moment the system comprises 45 countries: all the European countries, Israel, Morocco, Tunisia, Iran and Russia. The international "Green card" certificate is officially recognized by the governmental authorities of the member countries of the "Green Card System" and serves as proof of the compulsory motor third party liability insurance policy while exploiting a motor vehicle in any country of visit.

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