The relations associated with the Compulsory third party liability insurance associated with the use of the real property are regulated by Chapter II of the Special Part of the Law of the Republic of Azerbaijan on Compulsory Insurance.  Compulsory third party liability insurance associated with the use of the real property is used for the purposes of providing insurance cover for damages which may be caused to health and property of third parties as a result of use of the relevant property, as well as carrying of construction, repair, reconstruction or other works within the territory of such property.

For the purposes of the above statements, the property to be covered by the compulsory insurance of third party liability associated with the use of the real property shall mean buildings, constructions, premises, facilities and areas being used by legal entities for the purposes of their operations, as well as by physical persons engaged into entrepreneurial activities without the creation of the legal entity for their activities. The third party liability associated with the use of any such facilities shall be compulsory.

The property to be covered by the compulsory insurance of third party liability associated with the use of the real property shall mean buildings, constructions, premises, facilities and areas being used by legal entities for the purposes of their operations, as well as by physical persons engaged into entrepreneurial activities without the creation of the legal entity for their activities.

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