The possibility to suspend the RCA contract, damage certificate and electronic monitoring through the RCA network of road traffic cameras are measures contained in the bill passed by the Government in December and now registered in the Senate. , the Financial Inspectorate ( ASF ) reported on Thursday.

The Financial Supervisory Authority (ASF) announced on Thursday that the new formula for calculating the recommended premium for the category of high-risk insured persons, individuals and legal entities owning vehicles with a maximum authorized mass of more than 16 tons, is the Bureau of Motor Vehicle Insurers of Romania (BAAR ) has already published several proposals in this sense.

Prime Minister Marcel Čolaku previously announced that the RCA’s decision to reduce truck prices had begun to work and that in a few days more than 700 offers had been issued at a price not exceeding 9,000 lei.

• Read: Cholaku VIDEO: RCA’s decision to lower truck prices is working. In a few days, more than 700 offers were issued at a rate not exceeding 9,000 lei

In addition, ASF has listed other specific measures to protect all RCA policyholders that are part of the RCA Amendment Bill already registered in the Senate.

• “The possibility of suspending the RCA contract, the damage certificate and the electronic monitoring through the network of road traffic surveillance cameras of the RCA are measures included in the Draft Law that ensures the transposition of the provisions of Directive 2021/2118/CE, which has already been registered in the Romanian Senate and will pass through the necessary stages of the legislative process.
• In addition, the payment of the RCA premium in installments regardless of its level, the possibility of reducing the cost of the premium by introducing a deductible payable only in the event of damage, and other elements to reduce the financial effort of the potential insured. amend the aforementioned legislative project. ASF said.

SEE SENATE AUTOMOBILE BILL

The body also announced that it has already started the process of revising regulation no. 20/2017, necessary as a result of the changes that will be introduced through the draft law on the transposition of Directive 2021/2118/CE.

The estimated period of development is 30 days after the publication in the Official Gazette of Romania of the draft Law, and the period of implementation of the provisions is 30 days after its publication in the Official Gazette of Romania.

ASF promises to continue to identify and implement measures, in the medium and long term, necessary to stabilize the RCA market and protect the rights and interests of consumers (individuals and legal entities).