Be Cautious: Fraudsters Provide Fake Motor Insurance Contracts - Central Bank

The Central Bank urges vigilance when signing motor insurance contracts to avoid potential fraud. "Unknown individuals present themselves as representatives of insurance companies and offer remote contracts without real insurance. Fraudsters provide fake motor insurance contracts or contracts with shorter terms than promised.

How to Protect Yourself
Trust only insurance companies and agents licensed by the Central Bank. Use only official websites and applications to sign a motor insurance contract. You can legally sign an online motor insurance contract through the website aswa.am," the statement reads.