YEREVAN. – The Auto Insurers’ Bureau of Armenia formally denied the news being circulated that auto insurance is no longer mandatory in Armenia for the coming year.    

And the Bureau released a statement, in this regard, which specifically reads:

“This information does not correspond to reality. And those who disseminate such information aim to misinform the public. The Auto Insurers’ Bureau of Armenia urges all automobile owners to purchase auto insurance contracts.”