New policy on accident liability could cause car insurance costs to sk yrocket
Patients' health funds are expected to save up to zl. 600 million within one
year as a result of a new amendment to the general health insurance law
under which guilty parties in car accidents will be obligated to pay for
victims' medical treatment. The legislation allows patients' funds to demand
money directly from the insurer holding the offender's insurance policy. The
biggest insurers in Poland, PZU and Warta, are both certain that the base
car insurance rate will rise as a result of the amendment. According to an
unnamed source within a large insurance company, car insurance rates could
rise by anywhere from 30% to 80%. It is estimated that within just the last
year the number of people driving without the minimum mandatory insurance
policy increased by half a million. (Gazeta Wyborcza, p. 18; Rzeczpospolita,
p. B1) M.T.