According to a press release sent by the National Union of Insurance and Reinsurance Companies of Romania (UNSAR), City Insurance policyholders can still use the amicable procedure in case of accident.
The bankruptcy of City Insurance led to some distortions in the insurance market, but also to some rumors that affect the drivers who have to repair their car on the insurance issued by the bankrupt company. For example, as soon as information emerged that ASF would withdraw the company’s operating license, service units began to refuse to repair cars on City Insurance policies.
Even after the bankruptcy proceedings became official, and the way in which drivers and services can recover their money has been developed, there are still problems. According to market information, some service units began to refuse City Insurance customers who concluded amicable findings. This refusal is illegal, warns UNSAR.
“UNSAR informs policyholders, including those of City Insurance, which is not a member of UNSAR, that they may continue to use the amicable procedure in the event of a road accident. only between two vehicles that did not result in personal injury. Regardless of whether the accident is recorded on the basis of an amicable finding or a report concluded by the Police, the investigation of the damage is resolved in the same way. As a result, the legislative regulations are the same for everyone. The agglomeration of the Police stations is not a solution, because the legislation in force does not foresee a different settlement of the damages coming in this way ”, it is specified in a press release UNSAR
According to the quoted source, “even in the current conditions in which the RCA policy of the guilty driver could have been issued by the company left without a license, the investigation of the amicable finding of accident is made exactly as in the case of any other insurance, and the damage will be solved by FGA – Insured Guarantee Fund, according to the regulations in force. ”
ASF decision regarding the withdrawal of the operating license of the insurance company – reinsurance City Insurance, the finding of the state of insolvency and the promotion of the request regarding the opening of the bankruptcy procedure against it was published on Monday, September 27, in the Official Gazette . After this date, drivers can open claims files with the Insured Guarantee Fund . Payments may be made after 60 days from this date.
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