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 Moldova offers the possibility to online check the calculation of contributions under MTPL and "Green Card" policies.

Moldova offers the possibility to online check the calculation of contributions under MTPL and "Green Card" policies.

The National Financial Market Commission announced the launch of online tools to check the calculation of insurance premiums for internal compulsory motor third party liability insurance (MTPL) and external compulsory motor insurance "Green Card" using the bonus-malus class. The launched tools provide transparency in the calculation of compulsory motor third party liability insurance premiums. The insured will have the opportunity to learn about the bonus-malus class in which they are included and the cost of insurance. One can use the online tools on the NCFM website: https://rca.cnpf.md/calculator. Online calculations are available for individuals and legal entities and involve several search parameters: personal identification number of an individual (IDNP) / state identification number of a legal entity (IDNO) and a vehicle registration certificate number. The bonus-malus system aims to encourage disciplined drivers. It is used to conclude MTPL contracts for cars registered in Moldova, and provides for a set of reductions and increases in insurance premiums depending on the history of causing damage to the insured. It includes 10 bonus classes and 6 malus classes. // 18.02.2021 - InfoMarket.

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