Regulatory Alerts2026-05-29
Added · Updated
Motor Vehicle Liability Insurance Act 1994
The Austrian Federal Ministry issued the Motor Vehicle Liability Insurance Act 1994 to mandate compulsory third-party liability insurance for motor vehicles licensed under the Motor Vehicles Act 1967. The legislation defines the scope of coverage, including bodily injury and property damage, while strictly limiting permissible exclusions and establishing specific obligations for policyholders regarding notification and risk management. It further sets statutory minimum insured sums based on vehicle type and passenger capacity, ensures the direct rights of injured third parties, and regulates the operation of the Austrian insurance register and the Committee for motor vehicle liability insurance.
Share