Insurance in Latvia is mandatory civil liability insurance for drivers, intended to cover damages caused by road traffic accidents. Mandatory Civil Vehicle Insurance – protects not only the driver, but also third parties who may suffer in road traffic accidents.
MTPL, which means "Motor Third Party Liability Insurance", is a mandatory form of insurance for all motor vehicles in Latvia and throughout the European Economic Area. Its purpose is to cover losses that may occur to third parties as a result of a car accident or other accidents.
Mandatory Civil Transport Insurance is an important document for every vehicle owner in Latvia, and it is a mandatory requirement to be able to drive a motorized vehicle on public roads. This policy protects persons injured in a road traffic accident by covering the damages caused.
MTPL policy (Motor Third Party Liability Insurance) is compulsory insurance in Latvia, which must be purchased by every vehicle owner. Its main purpose is to ensure the payment of compensation to injured people and vehicles in the event of road traffic accidents caused by the insurance policyholder.
, which is known in Latvia as Motor Third Party Liability insurance, is an important element for every car owner. This is a way to protect yourself and other road users in the event of an accident.
MTPL policies are a type of insurance policy that will offer financial protection to individuals and legal entities if they have caused losses to third parties. It is a very important insurance product, both in everyday life and in business, as it can protect against large financial liabilities.
is an online tool designed to simplify and speed up the calculation of the price of a motor transport compulsory civil liability insurance (MTPL) policy. To use the MTPL calculator, you need to follow several simple steps that ensure an accurate calculation of insurance costs.
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