Market watchdog releases reference rates for mandatory motor vehicle liability insurance
Publicat:The Financial Supervisory Authority (ASF) has published the reference rates for the mandatory motor vehicle liability insurance (RCA), in accordance with the provisions of Law No. 132/2017 on the mandatory motor vehicle liability insurance for damages caused to third parties following vehicle and tram accidents.
According to the table released by ASF, the lowest RCA rate, of 691 lei, shall be charged on insured aged between 31 and 40 years old whose car has an engine displacement of less than 1,200 cc. The highest RCA rate is 2,870 lei and shall be paid by people up to 30 years old who…
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