ANCIA interviews FGA Director

The National Association of Motor Inspection Centers ANCIA published an interview with Carlos Marques, Director of the FGA (Motor Guarantee Fund), in the last edition of its magazine.

Issues related to motor vehicle accidents and road safety, which are particularly relevant to the undesired increase in the number of road accidents in Portugal in 2017, were addressed throughout the interview.

Interview (PDF)

 



FGA's Statistics - 3rd Quarter 2017

By the end of the third quarter of 2017, a total of 2 987 accidents were reported to the FGA, a figure that represents a year-on-year increase of 2% and does not reverse the 2% per year growth trend reinitiated in 2015.

 

GF mission

The Motor Guarantee Fund (MGF) is an autonomous public fund, managed by the Insurance and Pension Funds Supervisory Authority.
The Fund ensures, among other cases, the compensation of personal injuries and damage to property resulting from road accidents in Portugal when the person responsible hereof is unknown or, if known, has not fulfilled the obligation to take out motor third party liability insurance.

The Motor Guarantee Fund  also pays the compensation due for bodily injuries when the MTPL insurance 

undertaking is declared insolvent. At European level, the MGF also acts as Information Centre and Compensation Body.

Reimbursement of sums paid

The MGF is entitled to demand the reimbursement of the amounts spent on claims settling, plus default interest.

Under the law, the holder, the owner and the driver of the vehicle which caused the accident are jointly and severally liable for the reimbursement, regardless of upon whom the obligation to take out the insurance falls.


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