The insurer’s decision on a compulsory motor third-party liability claim

Under Article 498(3) of the Bulgarian Insurance Code, an injured person may bring a claim for payment in court only if the insurer has failed to pay within the period prescribed by Article 496, has refused compensation, or the injured person disagrees with the amount assessed or paid. The injured person must first submit the request for compensation to the insurer. Article 496 gives the insurer no more than three months from submission to reach a final decision on a claim under compulsory motor third-party liability insurance. Article 497 addresses the related question of interest for late payment on the insurance compensation. Under this provision, statutory default interest is due on the amount of compensation if the insurer fails to assess or pay it in time.

This article is not a legal opinion or advice about a particular situation or person. For legal assistance in a similar case, consult an insurance lawyer experienced in court claims against insurers.