Compulsory Insurance of Motor Vehicles and Property
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Compulsory Insurance of Motor Vehicles and Property is a mandatory type of insurance according to Azerbaijani legislation. This insurance protects vehicle owners and real estate owners from financial risks. In the event of an accident or damage, the insurance company compensates clients for their loss. The insurance payment is made depending on the amount of the damage. All insurance companies offer this type of service and are supervised by the state.
