Motor Third Party Liability Insurance has appeared some years after serial production of cars was started. This kind of insurance was made obligatory in many European countries after it was noticed, that not all the drivers, who did harm to others or damaged their property, were able to suit civil liability claims and compensate damage. The Lithuanian Motor Third Party Liability Insurance Law was accepted on June 14, 2001 and came into force on January 1, 2002; the demand to insure vehicle came into force after 3 months, on April 1. Lithuania was the last country in Europe, which brought into practice this obligatory kind of insurance. In this work insurance markets of Lithuania, Latvia and Estonia are being compared. These markets were chosen because of economical and political situation: ex-members of USSR, similar living standards, no insurance market. After retrieving independence insurance companies were established little by little. The aim of this work is to show how insurance markets that started in the same conditions, later developed differently and to compare their present situation. Both: annual and average data is being used for the comparison. In the first part of this work statistical data of Lithuanian, Latvian and Estonian insurance markets are compared: the number of insurance companies, average installment for a habitant, etc. In the second part the contracts, signed by Lithuanian insurance companies each quarter, are studied as time series. Several time... [to full text]