MATEC Web Conf.
Volume 231, 201812th International Road Safety Conference GAMBIT 2018 - “Road Innovations for Safety - The National and Regional Perspective”
|Number of page(s)||8|
|Section||Safe road infrastructure|
|Published online||16 November 2018|
Premises for an optimal model of managing the burden of financial losses stemming from damage to road infrastructure
University of Gdańsk, ul. Bażyńskiego 6, 80-952 Gdańsk, Poland
* Corresponding author: email@example.com
The empirical analysis of the distribution of risk related to the repair or replacement of road safety devices in existing performance-based maintenance contracts and the analysis of claims adjustment procedures indicate a certain imbalance in risk distribution between the road administrator and the entrepreneurs who have concluded road maintenance contracts, in particular performance based contracts. Relevant legal rules allow for a different, fairer distribution of the risk of suffering repair costs in certain damage scenarios. Insurance policy with a wide coverage of both property and liability risks appears as an optimal way of managing risks of losses to road infrastructure. Both contracting parties have an interest in obtaining first party insurance in the discussed field, although in practice it can be economical only to the General Directorate for National Roads and Motorways (GDDKiA). The law provides parties who suffered loss with a direct action against a traffic liability insurer of the wrongdoer who caused the damage.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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