Record high num­ber of in­sured ve­hi­cles

Kathimerini English - - Focus -

The num­ber of in­sured ve­hi­cles grew by about half a mil­lion from early June to last Friday when the dead­line for the in­sur­ance cov­er­age of all ve­hi­cles ex­pired. Fi­nance Min­istry sources, how­ever, said that de­spite the ex­piry of the grace pe­riod granted, a new sys­tem for cross-check­ing in­sured ve­hi­cles against those with li­cense plates will not take place be­fore the min­istry’s list is up­dated, so that this time there are no er­rors made. Ac­cord­ing to data from in­sur­ance com­pa­nies, the num­ber of in­sured ve­hi­cles has reached 6.2 mil­lion, the high­est in the last few years at least, up from 5.6 mil­lion in end-2016. The same data also re­veal that the ma­jor­ity of newly in­sured ve­hi­cles are mo­tor­bikes, and a high num­ber of them have only been in­sured for just a few months, which

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