Compulsory insurance contract is signed by a physical or legal person, based on the requirement set by law. The law requires obligatory enrollment in life, medical or property insurance of certain categories of citizens or the property of companies. In addition, it includes liability insurance for property and other damage of individuals or companies.
Compulsory insurance is regulated by the Law of the Republic of Azerbaijan "On compulsory insurance," and requires licensing of insurance companies involved in compulsory insurance activities.
PASHA Insurance has a license to operate on compulsory insurance of civil liability of vehicle owners, compulsory insurance of real estate and compulsory liability insurance associated with the operation of real estate. The company is included in the register of the Bureau of compulsory insurance.
Purchase and the policy is available in website of PASHA Insurance. Registration can be completed online by connecting to the database of Bureau of compulsory insurance.
|Type of vehicle||Insurance Premium (AZN)|
|Individual||Legal entity||For a motor vehicle registered in a foreign country and entering the Republic of Azerbaijan for transit purposes (one month)|
|Cars and other vehicles produced on their basis - according to the engine size|
|50 sm3 – 1500 sm3||50||60||12.5||15|
|1501 sm3 – 2000 sm3||75||90||18.75||22.5|
|2001 sm3 – 2500 sm3||100||120||25||30|
|2501 sm3 – 3000 sm3||125||150||31.25||37.5|
|3001 sm3 – 3500 sm3||150||180||37.5||45|
|3501 sm3 – 4000 sm3||175||210||43.75||52.5|
|4001 sm3 – 4500 sm3||200||240||50||60|
|4501 sm3 – 5000 sm3||225||270||56.25||67.5|
|5000 sm3 and more||250||300||62.5||75|
|Buses, minibuses and other vehicles produced on their basis - by number of passenger seats|
|9 – 16||150||180||37.5||45|
|16 and more||200||240||50||60|
|Freight cars and other vehicles produced on their basis - for maximum permissible mass|
|3500 kq and more||150||180||37.5||45|
|3501 kq – 7 000 kq||200||240||50||60|
|7000 kq and more||250||300||62.5||75|
|Trailers and semi-trailers||25||30||6.25||7.5|
|Tractors, motor vehicles used in road construction, forestry and agriculture||50||60||12.5||15|
|Trolleybuses and trams||100||120|