MKB Biztosító’s New Fees Astonish

  • 23 Nov 2016 8:00 AM
MKB Biztosító’s New Fees Astonish
On its website insurance company MKB Biztosító announced new outrageously high fees for its compulsory car insurance policies for next year. The figures are extreme; on average Ft 1-2 million for a year, car news site Totalcar discovered.

MKB made an announcement warning compulsory car insurance policy holders to carefully read the letters they receive related to 2017 fees before they are automatically renewed.

MKB earlier announced that it wanted to leave the compulsory car insurance market and is not signing new contracts, sales director of insurance brokerage CLB Független Biztosítási Alkusz Péter Németh commented.

Source: Hungary Around the Clock

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