How much does it cost to issue OSAGO in Russia

Car insurance is an essential item for any motorist. You can’t ride without it. And it is insurance that will save your budget in the event of an accident.

8 September 2020

FROMobsession

  1. The cost of car insurance in Russia

  2. Where is the best place to buy an OSAGO policy online

  3. How to choose a reliable insurance company?

  4. How is MTPL issued: at the place of registration or car registration

  5. What is a franchise in OSAGO

The cost of car insurance in Russia

Car insurance is an essential item for any motorist. You can’t ride without it. And it is insurance that will save your budget in the event of an accident.

To protect their car, many take out CASCO insurance. But she is voluntary. And you cannot drive without an OSAGO insurance policy – compulsory motor third party liability insurance of the owner of land transport.

MTPL insurance compares favorably with other types of car insurance for its price. She’s very affordable. The CMTPL price is not fixed. It is calculated for each driver individually. The price of OSAGO insurance is affected by:

  • type of transport;

  • car make and model;

  • engine capacity;

  • place of registration of the owner of the vehicle;

  • available benefits;

  • the scope of use of transport;

  • term of insurance.

Each region of residence has its own coefficient, which affects the final cost of insurance. This is an important factor and should be indicated without errors.

Where is the best place to buy an OSAGO policy online

It is better to issue OSAGO online. Why? OSAGO online is cheaper and much more convenient to issue it. Choosing a policy online, you can compare prices and offers of different insurance. After all, the company also affects the price of insurance. And some insurance companies can also give some insurance products as a gift or provide bonuses or cashback. And to find out about the shares of different insurance companies, you need to find all their sites or visit branches. But online it goes much faster.

READ  The most influential consumers on the web are on Twitter

In order not to search for the website of each insurance company and not to enter your data each time for calculating OSAGO, you can use the aggregator of insurance products. For example, the Ukasko website. So the calculation of the cost of OSAGO will take only a minute, and on one page you will see offers from different insurance companies, as well as their prices and options included in the insurance policy.

How to choose a reliable insurance company?

When taking out insurance, many people are guided only by the price of OSAGO. This is suitable if you need purely nominal insurance and because this is a legal requirement. But if in the event of an accident you really want not to use your budget, but to make the necessary compensation at the expense of an insurance policy, then the choice of OSAGO insurance should be treated more carefully.

Pay attention to the rating and reviews on independent resources. There is also a very important nuance – the timing of the payment of insurance compensation. Some companies pay out faster than others. And if this moment is fundamental to you, then pay special attention to the speed of payments of companies.

How is MTPL issued: at the place of registration or car registration

MTPL policy can be issued both at the place of residence and in another region. In fact, this is not critical. Indeed, when registering OSAGO, it is necessary to indicate the place of registration of the owner according to the technical passport.

READ  How much do TickTokers earn in Russia

There is a lot of gossip about this issue. Since before, MTPL insurance was issued at the place of registration of the car, and not at the place of registration of the owner. And that has changed only recently. And many drivers have not yet rebuilt themselves in a new way or have not learned the current information. But it is important to indicate only real data when drawing up an insurance policy. In the event of an error or inaccurate information, the insurance company may delay payments or completely refuse to indemnify for the OSAGO. Or even start an investigation into insurance fraud.

What is a franchise in OSAGO

Despite the generally democratic price of OSAGO insurance, among all the options, policies with a deductible stand out. They are cheaper than the rest. But what is a franchise?

Deductible is the amount that the driver pays himself if an insured event occurs. The amount of the deductible is stipulated in the insurance contract. How it works?

For example, the actual repair of the victim’s transport will cost 100,000 rubles, and the culprit’s insurance deductible is 5,000 rubles. Then the guilty party pays 5 thousand, as reflected in the contract, and his insurance company reimburses the balance, 95 thousand rubles. The larger the deductible, the cheaper the OSAGO insurance is.



Leave a Reply

Your email address will not be published. Required fields are marked *