The risk arising from motor third party liability has a significant influence on the financial conditions of society. Accordingly, the question of the necessity and effectiveness of the obligatory form of third party car insurance and how it provides financial security for society by caring for the rights of society from the part of the state, is relevant. Compulsory insurance has to protect the insured from such risks that are very high and have serious consequences – this is the responsibility of the state. It also has to provide an extended liability (in this case the liability of body injuries and property damage raised by owing and driving a vehicle. Compulsory insurance will strengthen the security of society, will raise the precedent of “punishment of the guilty” and will help lower the frequency of such risks in the future, which will improve the social environment.