Types of car insurance policies in the Russian Federation and their features

Types of transport insurance

All car owners, without exception, are required to insure their car. The policy will allow you to resolve the financial issue of compensation for damage in the event of unexpected situations, for example, if the car is damaged in an accident.

To obtain a policy, citizens must contact companies that have special licenses to operate.

There are two types of insurance in Russia:

The procedure for obtaining insurance, whether compulsory or voluntary, has its own characteristics.

With voluntary insurance, companies provide a wider range of services. This is done in order to attract customers.

What is insurance?

A car insurance contract in the most general sense helps the owner of the insured car to compensate for the damage that occurred in the event of an accident. This is probably where the similarities between insurances end: some will “work” for those to whom the driver caused damage as a result of an accident, while others, on the contrary, will help the owner restore his own car.

Of course, gratuitous payments will be made only in insured events (read the contract carefully). If the driver was, for example, drunk, then the company will pay insurance to a third party under compulsory motor liability insurance, and then ask the culprit for the full amount.

DSAGO

This is a type of voluntary motor insurance, issued at the request of the client. The policy is an analogue of compulsory MTPL insurance, but with an expanded range of services.

The main features are:

• DSAGO does not replace MTPL, so it can be issued at the same time, but not in exchange;
• It is allowed to register with another insurance company, but for the same vehicle, and the validity period must also match.

The main advantages and disadvantages include:

Pros:

• the cost slightly exceeds compulsory motor liability insurance, by about 1-5 thousand rubles;
• the amount of compensation increases significantly, the maximum payment can reach 3 million rubles.

Minuses:

• You can receive a payment under the MTPL only if the MTPL insurance does not cover the amount of damage caused. The victim will be paid the difference between the mandatory insurance and actual expenses.

Each insurance company sets its own limit on payments; the possible amount of compensation should be clarified with the company’s managers.

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To calculate the final cost, the coefficients used to determine the price of the OSAGO policy are used.

How to choose an insurance company

Choosing an insurance company is one of the key points when it comes to car insurance. After all, when an insured event occurs, much depends on its reliability and the speed with which compensation payments are made. Therefore, when deciding to purchase car insurance, you must immediately pay attention to the rating of the insurance company and its reputation. It is also advisable to find out how long auto insurance has been practiced there. Before concluding an insurance contract, you must read it carefully, especially paying attention to the points printed in small print at the bottom. Information about the founders is also very important as it relates to financial stability characteristics.

It is believed that insurance companies that have been operating in Russia for at least ten years are relatively reliable. Ratings of insurance companies can be found on the Internet. But many people know that they are often compiled artificially to order and only relatively, and sometimes completely incorrectly, reflect the current state of affairs. Therefore, there is also a national rating of insurance companies, in which drivers rate their insurers. But we should not forget that reviews are also bought. Therefore, when concluding a contract, it is advisable to visit the office of the insurance company, where you should inquire about the availability of a license for the relevant type of activity, the company’s prices, its services and, most importantly, the speed of compensation payments in the event of a traffic accident. If car repairs can wait, then the victim’s treatment must be paid for immediately.

Before contacting an insurance company, you should inquire about its reputation.

It’s not for nothing that people came up with the proverb that the miser pays twice. A few years ago, a group of fraudsters was caught red-handed for issuing fake car insurance. As it turned out, they were far from the only ones who traded in this way in the car insurance market. When an insurer goes bankrupt, in its offices you can find thousands, or even tens of thousands, of insurance policies on letterhead, certified by the seals of the insurance company. Since this insurance no longer exists, these documents are invalid. Some drivers deliberately buy fake insurance, since it usually costs a maximum of half the price of a regular one, while some simply do not know that they are dealing with scammers. And, frankly speaking, a significant part of Russian drivers do not trust insurance companies, but rely only on their own strength. In addition, there are known cases of mass production of fake insurance policies and their subsequent sale. A well-known insurance company was chosen, whose authority was beyond any doubt; insurance policies and contracts were printed in an underground printing house, as a result of which many drivers received fictitious insurance documents. When an insured event occurred, company employees immediately identified fake insurance policies and, naturally, did not promise any compensation payments. In fact, the best option would be the opinion of friends or acquaintances who have already used her services. For example, a cousin’s car got into an accident, for which he was the culprit. The damage was not very significant, but the insurance company made all compensation payments on time, as a result of which I only had to slightly repair my own car. In this case, it makes sense to contact the same insurance company to purchase a policy. The opinion of friends and acquaintances in this case will be much more significant than all the ratings that can be found on the Internet.

Video review about insurance in Ingosstrakh and

CASCO

It is voluntary insurance. The main feature is that the policy is used to cover property damage, not civil liability.

The insurance company undertakes to cover all expenses, regardless of who was at fault for the accident. The list of services covers various unforeseen cases when damage is caused to the car:

• hijacking;
• traffic accidents;
• natural disasters;
• hooligan actions of attackers;
• heavy objects falling on the car (bricks or ice floes from the roof).

The following disadvantages and advantages are noted:

Pros:

• expanded range of possible risks;
• the amount of payments is significant, it can reach the cost of a new car;
• expenses will be reimbursed even if the driver is at fault for the accident.

Minuses:

• high price;
• there are restrictions when registering, for example, the car is old

An exception is when the driver does not receive compensation - the driver was drunk or fled the scene of the accident.

CASCO prices are not regulated at the state level, so each insurance company has the right to set its own prices. As a result, the price of insurance turns out to be impressive. You can calculate the cost of the policy on our website.

Documents for obtaining car insurance

Now let’s figure out what documents and when to go to the insurer.

OSAGO and DSAGO

Compulsory motor liability insurance is issued no later than 10 days after the conclusion of the car purchase and sale agreement; DSAGO - at a time convenient for the owner, often simultaneously with compulsory motor liability insurance.

• Passport or other identification document of the owner
• Vehicle registration document (PTS, STS, registration certificate, technical certificate)
• Driver's license of a person authorized to drive a vehicle (most often, of course, this is the owner)
• Vehicle diagnostic card with a mark indicating that the vehicle complies with all safety requirements
• Statement of intention to enter into a contract on compulsory motor liability insurance

CASCO

Issued at any convenient time.

• Passport or other identification document of the owner
• Vehicle registration document (PTS, STS, registration certificate, technical certificate)
• Driver's licenses of persons permitted to drive vehicles
• Statement of intent to enter into a CASCO insurance agreement

Green map

Issued before traveling abroad.

• Passport or other identification document of the owner
• Vehicle registration document (PTS, STS, registration certificate, technical certificate)
• Statement of intent to enter into an insurance contract

Accident insurance

This insurance is one of the CASCO options. But in this case, the life and health of the driver himself and all persons in the transport are insured.

Insured events:

• accident;
• fire;
• element;
• explosions.

The advantages and disadvantages include:

Pros:

• All persons in the vehicle will receive the payment.

Minuses:

• There are restrictions on registration, for example, the age of the driver. Also, persons with 1 or 2 disability groups will not be able to get insurance.

If desired, the owner of the car can obtain the policy. Insurance will be paid if the driver and passengers are injured or injured. In addition, compensation is due in the event of temporary disability of the victim or death of the person.

How are the main insurances calculated - MTPL and CASCO?

In addition to mandatory compulsory motor liability insurance, CASCO insurance is very common in Russia. As we already understood, these are two completely different insurances, and the first will help compensate for damage only to third parties, but you will have to restore your car and your health yourself - if you do not take out CASCO. Although not all drivers have the latter, limiting themselves to the national “maybe”.

Let's figure out how car insurance for these two types is calculated.

Now we will come across the concept of “deductible” in car insurance. This term refers to some part of the amount that the owner agrees to pay himself. If such a condition is specified in the contract, the insurance amount will decrease.

OSAGO calculation

The cost of compulsory motor liability insurance is set by the Bank of Russia, leaving, however, a certain range in tariffs - each company has its own. Insurers calculate the amount within this run-up, focusing on:

• vehicle type;
• engine power;
• place of registration of the car owner;
• age of car drivers;
• car driver experience;
• bonus-malus - a “discount” for the absence of an accident.

CASCO calculation

CASCO is divided into two types:

• full insurance, which takes into account absolutely all risks and costs more;
• partial insurance, which takes into account only certain risks specified by the car owner. Naturally, it will cost less.

There are several main factors that insurers pay attention to when calculating the amount of insurance for a particular person:

• age – the main risk group is considered to be citizens under 22 and over 65 years of age;
• gender – women are a risk category;
• experience – the minimum coefficient will be for a person over 22 years of age with more than 3 years of experience;
• bonus-malus;
• year of manufacture of the car - the newer it is, the more expensive CASCO will be, however, they no longer provide insurance for cars of a certain age (each company has its own threshold);
• region where the car is registered;
• availability of a franchise.

Calculating CASCO insurance on your own is more difficult than compulsory motor liability insurance: complex formulas apply here, some of the coefficients for which are not publicly available at all. In addition to the base rate, factors of age, length of service, region, engine power, and driving restrictions are taken into account. The easiest way to make this calculation is to use an online calculator or ask for an estimated cost from the manager of one of the companies (see the last chapter about them).

The approximate cost of registration of compulsory motor liability insurance ranges from 6,000 rubles to 12,000 rubles, and the approximate cost of CASCO is from 4 to 12% of the cost of the car.

Types of compulsory motor liability insurance

Today, compulsory motor liability insurance is issued in two types of car insurance:

1. The terms of limited car insurance are as follows: The limit is the number of people who will be able to drive the insured vehicle. If a stranger who is not included in the policy gets behind the wheel, a fine may be issued for this. Moreover, if he also gets into an accident, the insurance will not pay a penny.
2. Insurance policy without restrictions. Accordingly, the difference is obvious - an unlimited number of people can drive the car.

Due to this difference in conditions, the cost of compulsory motor insurance varies. A limited policy will, of course, cost less. The validity periods in both options are the same - each insurance can be issued for three months, six months or a year. For drivers who drive only in a certain season (for example, only in the summer), you can take out a seasonal MTPL policy.

general information

The abbreviation OSAGO stands for compulsory motor third party liability insurance .

The MTPL policy does not insure your car,
it insures your liability to the injured party .
This means that in the event of a traffic accident in which you are the culprit, your insurance company will compensate the injured party for damage to health or property .

In the opposite situation, when you are the injured party , the damage caused to you is covered by the insurance company of the person responsible for the accident.

However, it is worth remembering that payments under compulsory motor liability insurance are regulated, and if the cost of the damage caused exceeds the limit of payments under compulsory motor liability insurance, then the person at fault for the accident pays the remainder of the debt from his own wallet .

The MTPL policy is a mandatory document that every car owner must have with them. In the absence of compulsory insurance, the owner of the vehicle may face a fine. To successfully pass a technical inspection and register a car with the traffic police, you also cannot do without an MTPL policy.

The cost of an MTPL policy can vary significantly. Its price is influenced by factors such as the possibility of an accident (a city with heavy traffic or a short driving experience increases this probability) and the cost of the car.