Mandatory Third-Party Liability Insurance Guarantee Fund
Traffic, the main area of intervention
Historically, the FGAO’s primary mission has been to compensate for personal injury or material damage suffered by the victims of traffic accidents, or their beneficiaries, caused by drivers of uninsured or unidentified (drivers who have fled) motorised land vehicles (car, motorcycle, bicycle, etc.).
The FGAO also intervenes to compensate for personal injury or material damage resulting from accidents caused by uninsured or unidentified people moving on the ground (pedestrians, cyclists, skiers, in-line skaters, etc.).
It acts to cover personal injury or material accidents caused by domestic animals whose owner is uninsured, as well as to cover personal injury accidents caused by wild or domestic animals whose owner is unknown.
At the international level, it provides compensation to cross-border victims (nationals of European Economic Area member countries) who have suffered personal injury or material damage resulting from accidents caused in France by uninsured vehicles and, conversely, to French victims of an accident occurring in an EEA country.
Key figures in 2018
Other areas of intervention
The FGAO is also responsible for financing, in place of an insurance company that is being liquidated by the court or would lose its licence, the compensation of policyholders in motor vehicle civil liability and decennial liability insurance.
The body is responsible for reimbursing insurers for the statutory increases in annuities paid to victims of traffic accidents before 1 January 2013.
Lastly, the FGAO finances actions to prevent non-insurance of motor vehicles.