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Registration of compulsory motor liability insurance for six months - features and cost

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The MTPL insurance policy is a mandatory type of insurance for all drivers. It insures motor third party liability when driving a vehicle. The standard option is a contract period of 12 months, but for some drivers a year is a long period, especially if the car is used periodically. As a result, insurance companies have recently offered other options - 3, 6 and 9 months. What does the law say about this, and in what cases is it advisable to take out an insurance policy for 6 months?

How to buy an MTPL policy for 6 months?

There are different cases when a motorist thinks about purchasing compulsory motor insurance for a period shorter than a year.

Not all motorists use cars regularly, and a policy for a shorter period is useful for the following people:

1. People planning to go on vacation or a business trip, leaving their car at home.
2. People who use their car irregularly or during one season or another of the year.
3. People who decide to sell or exchange a car.
4. People who are unable to immediately pay for a year’s validity and other possible cases.

You can apply for a policy at any insurance company. If you want to buy a policy for 6 months, you can “split” its validity period according to this scheme - if you plan to use the car, for example, from May to August, December and January, then the insurance will be valid during these periods.

During the remaining 6 months, insurance is not valid, and a fine may be imposed for driving with such a policy.

Note! There is one interesting point - if for some reason you get behind the wheel and get into an accident, the insurance company will pay compensation for repairs, but in the future you are obliged to return this money.

“But in “such and such” company you can only buy a policy for a year” - this can sometimes be heard from motorists. Legislatively, the state has determined that compulsory motor liability insurance can be issued for either 12 months or 3 or 6. You should contact another company.

There are two types of compulsory insurance policy:

1. Normal, when no more than five people are allowed to drive a car.
2. Without restrictions, when an unlimited number of people can be allowed to drive.

Required documents

Before going to the insurance company for registration, you must have the following package of documents with you:

• Driver's passport. PS If a company issues a policy, you will need a registration certificate of this company, as well as a passport of the person executing the insurance contract.
• One of two documents is a vehicle technical passport or a vehicle registration document.
• Having a driver's license; when registering for several people in the “unlimited” tariff, it may not be required - instead, it is mandatory to present the passports of all drivers who are allowed to drive a car.
• A vehicle inspection document is mandatory and must not be expired.
• Other possible documents may be required by employees, but in this case they must be notified separately.

Is it possible to apply for compulsory motor liability insurance for six months: subtleties and nuances

The most common method for obtaining an MTPL certificate is for a period of 12 months. However, this does not suit all car owners. Some people need to sign an insurance contract for only six months, or even less.

Let's say someone operates their engine only in the spring-autumn season, for example, when traveling outside the city. The car spends the rest of the year in the garage. Moreover, a 6-month agreement will cost slightly less than an annual one, and the decision made will be an ideal option.

Despite the fact that the policy will be limited by its duration, the protection will be for working months, plus a reduced price of the document. It is these qualities that appeal to a person in taking out an auto liability policy for six months if he spends only one or two seasons a year behind the wheel, or intends to sell it soon.

Is it possible to take out a compulsory motor insurance policy for six months?

Yes, it is possible, especially since it is supported by current legislative acts. However, it is worth warning that the applicant will be faced with some nuances that are not available with an annual contract.

These are:

• the amount of the insurance premium will be slightly higher than it would be on an annual basis;
• purchasing a short-term document does not guarantee its renewal at the same price, with a possible increase in the future;
• even with a short-term commitment, the certificate will still indicate the annual period, which is entered in a typographical way, so the client needs to pay attention to the lines below, and not leave the garage during uninsured periods;
• The insurance company has the right to refuse to sign a six-month agreement, then you will have to buy two policies, each lasting three months.

Of course, the latter circumstance will further increase the relative price of the contract, but, nevertheless, it will be lower than the absolute price.

So that the six-month policy does not seem imperfect, it is worth citing its positive aspects, such as:

• The months necessary for operation can be taken not in a row, but selectively, for example, early spring and late autumn, or they can be combined in a different order, of course, not forgetting that other periods of the year establish a kind of taboo;
• By attracting customers, insurance companies can provide free rewards in the form of some free services, calling a tow truck, etc.

Having encroached on free cheese, you can find yourself in a difficult situation if the driver is stopped by an inspector, and he turns out to have a temporarily inoperative policy.

Cost factors for 6 month insurance

You can find out the exact cost figure only if you calculate it yourself using the OSAGO calculator.

But nevertheless, the following points play a role in the final cost:

1. Insurance period.
2. Basic tariff.
3. Coefficients whose job is to lower or increase the cost.

Rates

The cost of each specific tariff is set at the legislative level, based on this, companies do not have any reason to change the price. Independent cost calculation comes from multiplying the tariff price by increasing and decreasing coefficients.

The basic tariff is determined by two criteria - the type of vehicle and the owner of the car (individual or legal entity).

Good to know! Prices for the basic tariff for passenger cars - for an individual 1980 rubles, for organizations 2375 rubles, for cars for use as a taxi 2965 rubles.

Coefficients that increase and decrease the cost of an insurance document

The coefficients significantly influence the final cost, and they partly depend on the owner himself:

• The territorial coefficient depends on the intended region of use. The coefficient itself depends on this - if for cities with a high overall level of road accidents it is equal to 2, then for sparsely populated areas it is equal to 0.7.
• The power of the car also affects the pricing policy. If for cars with an engine power of more than 150 horsepower, 1.6 is assigned, then for cars with less than 50 horsepower, the minimum value is assigned - 0.6.
• Vehicle age – if the car is more than ten years old, the coefficient is equal to 1, and for models less than 10 years old it is assigned 0.5.
• Motorist accident rate. The insurance company assigns each motorist an accident class - from 1 to 13. Moreover, if the coefficient for class 13 is 0.5, then for class 1 the indicator is 2.45. Every novice motorist is assigned class 3. But what are these classes? Accident classes are designed to screen out (for the company’s clarity) motorists who get into accidents more often than others through their own fault. Class 13 is assigned to car owners with accident-free driving.
• Driver's age and experience. The coefficient varies from 1 to 1.8. The maximum score is assigned to drivers under 22 years of age and with no more than 3 years of experience, with driving experience of at least 3 goals 1. An interesting point with several drivers of one car - a point is assigned to the driver with the least driving experience.
• Various having disorders. The coefficient value is set to no less and no more than 1.5, provided that the owner of the car has one or more violations. For example, drunk driving, gross violations of traffic rules, and so on.
• Type of policy issued. This coefficient value is assigned to any car owners; it ranges from 1 to 1.8.

Let's celebrate! What is the cost of a 6 month policy? The approximate price of an insurance document is 70% of the policy that you would buy for annual service.

How to calculate

Knowing his basic rates and coefficients, the user can calculate the amount of the insurance premium using our calculator. The main criterion for calculation is the type of vehicle and the form of ownership of the car. The basic rate for a passenger vehicle is as follows:

• owner - individual, individual - 1980 rubles;
• legal, corporate – 2375 rubles;
• taxi - 2965.

In addition to the motor vehicle liability tariff, there are MTPL coefficients. The latter are represented by the following figures:

1. The territoriality index depends on the region where this vehicle will be used, and it ranges from 0.7 to 2.0. Small settlements with low risks of road accidents are equated to the first indicator. Megacities with frequent road accidents gravitate towards the second.
2. The existing bonus-malus, or in other words, the accident rate, is directly dependent on the number of accidents committed by the driver through his own fault. It also does not have a fixed number and floats in the range of 0.5 - 2.45.
3. The initial registration of insurance will give the car owner a 3rd driving class with a bonus-malus coefficient equal to one. After spending several years behind the wheel, in the absence of road accidents, the driver has the right to receive class 13 with an index of 0.5, which is equal to half the cost of the policy. However, persistent violators of the road traffic process will be assigned 1st class with the maximum increased coefficient of 2.45 for each incident in which they are the culprits.
4. Driving experience and the driver's age are no less an indicator of the cost of the insurance obligation. The maximum index is 1.8, assigned to a driver under the age of 22 with less than 3 years of driving experience. For those more mature in terms of experience and age, the policy will cost slightly less, here the coefficient will be 1.0. If control is entrusted to several persons, then the index is assigned according to the youngest and most inexperienced driver.
5. Gross violations of the movement process serve as a precedent for increasing the coefficient to 1.5.
6. A certificate with a limited number of drivers - 5, is assigned an index of 1, while an unlimited number of drivers increases the cost by a factor of 1.8.
7. Engine power up to 50 hp. With. will reduce the indicator to 0.6. A power over 150 will also pull a coefficient of 1.6.
8. Cars less than 10 months old are assigned an indicator of 0.5, older ones raise it to 1.0.

Of course, as the duration of the insurance obligation decreases, its price also decreases, but the six-month period will receive a coefficient of 0.7, which will be equal to 70% of the cost of the annual duration. The calculator provided here will allow the user to accurately calculate how much compulsory motor liability insurance will cost for six months.

Cost of the policy for 1 and 3 months

According to the legislation of our country, the minimum period for issuing a compulsory insurance policy is 3 months; there are various reasons for such registration. But is it possible to get a policy for 1 month? Yes, under certain circumstances and a limited number of people.

It has already been discussed that a 6-month policy is equal in cost to annual maintenance. As in the case of three months, the final cost is influenced by such factors as understanding-increasing coefficients, the power of the car, and so on.

Typically it is 50% of the annual fee. But taking out insurance for a month has its own nuances:

1. The cost of a 1 month policy is approximately 20-30% of the annual cost of use.
2. You can’t just apply for a month – you need good reasons, for example, moving a car to another region, from another or to another country for other persons.
3. When buying a car in another region, but with the assumption of using it in your native one, companies will allow you to obtain insurance for 1 month or less. But it is necessary to draw up standard deadlines in any case.
4. Foreign citizens planning to buy a car for a few weeks have the right to receive insurance for 1 month or less.

OSAGO calculator online

To find out how much car insurance costs in 2021, you need to use the OSAGO calculator, which will calculate the cost of the policy based on the data you entered about the vehicle and the driver. The price of the policy is determined by the formula:

Cost of OSAGO = TB * CT * KBM * KVS * KO * KM * KS,

where TB is the basic tariff, which is set by the insurance company and can vary from 2471 rubles. up to 5436 rubles, other parameters are described below.

Example of calculating car insurance

KBM – Bonus-malus coefficient

KBM is a bonus-malus coefficient, depending on the number of accidents during the previous insurance period. It is calculated once a year on April 1 and is applied throughout the entire period (from April 1 to March 31) for the conclusion of any contract. The maximum discount for accident-free driving can reach up to 50% of the cost of compulsory motor liability insurance. The BMF varies from 0.5 to 2.45.

PIC - Driver's age and experience

• The maximum increasing coefficient for the youngest and most inexperienced drivers is KBC = 1.93.
• For experienced drivers with extensive driving experience, the maximum discount is 10% - (PIC = 0.9).

KO - Number of drivers

The price of MTPL depends on the number of drivers specified in the policy. For an insurance contract with an unlimited list of included drivers, the coefficient will be 1.87.

If the number of drivers is limited, then all drivers allowed to drive the vehicle must be indicated in the insurance policy, the coefficient is 1.0.

KS - Insurance period and CM - Vehicle power

When calculating the cost of compulsory motor liability insurance, it is worth taking into account the following coefficients:

• KS (insurance period or seasonality coefficient), which depends on the validity period of the car insurance.
• KM showing the power of the vehicle. The more powerful the owner’s engine, the more expensive the auto insurance policy will cost.

CT – Territorial coefficient

This indicator depends on the place of registration of the owner. It is recorded for all regions of the country and reflects the intensity of traffic. The less emergency the region is considered to be, the lower the CT and the cost of the policy. For example, in Moscow the value of CT = 2.0, and in the Region CT = 1.7.

Cost of OSAGO renewal

The renewal of the MTPL may differ significantly from the cost of its purchase. But it has already been said that there are special coefficient factors that affect the price.

With each new renewal they show themselves stronger:

1. Cases of road accidents. With trouble-free driving, the cost is significantly reduced.
2. Driving without penalties. Another factor influencing the price. If you have been issued 1-2 fines in at most a couple of years, the cost decreases slightly.
3. Natural growth of “experience” and seniority over time. Insurance companies themselves treat drivers with extensive experience with great confidence, hence the reduction in the cost of insurance.

Compensation limits at Rosgosstrakh

Any insurance companies, including Rosgosstrakh, do not establish specific amounts for damage compensation under compulsory motor liability insurance. It all depends on each specific case, which experts will deal with. The amount of payments depends on the damage to the vehicle and the severity of the injuries received by the participants in the accident.

Good information for owners of old cars - Rosgosstrakh has set a vehicle wear limit at 50% of the cost of new spare parts. This means that the owner of a very ancient “junk” can count on compensation of at least 50% .

The legislation of the Russian Federation establishes an upper limit for payments to victims of road accidents - 500 thousand rubles. And compensation for maximum damage to a vehicle is 400 thousand rubles. You should not count on an amount higher than these indicators. If the damage turns out to be greater, the victim can recover the difference from the culprit of the accident through the court.

Buying insurance online

This innovation was introduced by the government only about two years ago, but compared to the standard purchase of insurance in company offices, this option has several advantages:

1. Saving time during registration. Registration takes place in person at home, so you don’t have to stand in lines or waste time traveling.
2. Availability of electronic policy. Often, due to the inaccessibility of company offices, issuing an electronic document is more convenient.
3. Safety of the original. The original insurance will be sent to your email; you just need to print it out for traffic police inspectors in the future. If copies are lost, the original will be saved in email.
4. Sometimes the cost of electronic insurance is slightly cheaper than the paper version.

Let's celebrate! Where can I get electronic insurance? Many insurance companies are adding the ability to purchase insurance online; one example is Rosgosstrakh, one of the first to connect to this function.

Registration takes place on the insurance company’s website independently; you only need the following conditions:

• Have the necessary package of documents on hand.
• Independent calculation of the cost of compulsory motor liability insurance on the company’s website.
• Independently indicate these documents when registering.
• Payment is made by bank cards.
• After payment, the original will be sent to your email address.

In what cases is it convenient to take out a short-term policy?

For a period of less than a year, insurance is convenient in the following cases:

1. Driving cars to others.
2. Non-year-round use of the car. Sometimes a person uses a car only in certain months, hence the savings on insurance.
3. Long business trip or long vacation.
4. Selling or exchanging a car for which annual insurance is undesirable.

Let's celebrate! If you want to take out insurance for a shorter period, it is worth considering one point - the right to use the car applies to the period agreed with the company; if used for other periods, the company will have to return the money for compensation. In other cases, insurance is more economical than annual coverage.

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