One of many objectives is to facilitate the change of knowledge between international locations collaborating within the Inexperienced Card system.
The story will probably be free
When assessing the dangers of purchasers, insurers will proceed to consider the insurance coverage historical past of the automobile proprietor, together with indicators of earlier insured occasions and the variety of days of insurance coverage, in addition to different standards/danger elements which can be the accountability of every insurer (knowledge on the automotive proprietor’s penalty factors, objective and place of use of the automobile, and so on.).
An individual’s insurance coverage historical past will probably be compiled from Could 1, 2004, and will probably be out there freed from cost on the LBSTS web site to all automobile house owners or registered holders.
— The BM system that existed in Latvia till now was based mostly on complicated algorithms and formulation, making it obscure. With the transformation of the BM system, the reflection of insurance coverage historical past knowledge will probably be carried out in a easy and comprehensible approach. The variety of insurance coverage days and insurance coverage occasions triggered for the interval from 01.05.2004 for all autos for which an individual is registered because the proprietor or holder will probably be indicated, — stated the Chairman of the Board of LBSTS Janis Abashins.
The earlier system of the Ministry of Well being ensured the revision of insurance coverage historical past knowledge – the variety of accidents triggered (insured occasions) and insured days every year for the final 11 years. Sooner or later, the particular person’s insurance coverage historical past knowledge will probably be up to date every day, for the interval from 05/01/2004.
The quantity of insurance coverage is subjective
Nevertheless, prospects might have causes to search for probably the most worthwhile choices.
— The reorganization of the BM system is not going to have an effect on how insurers will set insurance coverage premiums (coverage value), since, as earlier than, every insurer will independently assess the shopper’s insurance coverage danger and decide the quantity of the insurance coverage premium, — defined the Chairman of the Board of the LBSTS.
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2024-06-30 18:32:04
