Insurance for scooters is required because the damage to persons in accidents caused by scooters can also be relatively severe. Since April 1 this year, registration of electric scooters with the Road Traffic Safety Directorate has been compulsory and the obligation to insure them will also come into force on January 1 next year.
It is estimated that an OCTA policy for electric scooters could cost between €24 and €50 per year, similar to the current cost for mopeds.
The amended law also increases the limits for damage claims. Instead of the current €5.2 million, up to €6.45 million will be payable for damage caused to a person in an accident, regardless of the number of victims. For damage to property, the limit has been increased to €1.3 million from €1.05 million, irrespective of the number of third parties.