European Union laws have established legal institutes responsible for providing protection for visiting victims. Injured party from a Member State of European Union, under certain conditions, is entitled to submit a claim for compensation in its own country, even if traffic accident has occurred outside that party’s Member State of residence. Compensation body guarantees compensation to injured party in its own State, even if a damage has occurred in some other State.
Author in this paper analyzes certain provisions of European Union Directives and provisions of Serbian Law on Compulsory Traffic Insurance. Attention is concentrated on provisions regulating compensation body as legal institute. Author compares provisions of Serbian Law and provisions of European Union Directives regulating protection of visiting victims. Starting from this comparison, author concludes that the provisions of Law on Compulsory Traffic Insurance are in compliance with European Union law. Substantial provisions of Law on Compulsory Traffic Insurance, regulating compensation of a damage caused in traffic accident occurred outside Serbian territory, prescribes adequate protection for injured party. Substantial provisions of Law on Compulsory Traffic Insurance receive positive assessment from the author, but author emphasizes that application of these provisions is delayed until the day Serbia’s accession to the European Union.