Costs for obligatory motor third celebration legal responsibility insurance coverage in Russia are falling because of the lower within the variety of street accidents: Izvestia

2024-05-14 21:56:00

In Russia, within the first 4 months of 2024, costs for OSAGO insurance coverage insurance policies have fallen. That is defined by a discount within the variety of accidents, but additionally by competitors between insurers for accident-free prospects. The corresponding info was revealed by the Examine portal.

“The worth of the MTPL coverage within the first quarter of 2024 decreased by 3% in comparison with the identical interval in 2023 and amounted to six.8 thousand rubles. The explanations for this are the gradual lower within the variety of accidents and the competitors of firms for accident-free automobile homeowners,” writes newspaper “Izvestia” just about “Examine” information.

The variety of accidents is certainly reducing, famous Denis Makarov, deputy basic director of insurance coverage merchandise for people at Ugoria. One more reason for the lower in the price of obligatory motor third celebration legal responsibility insurance coverage is the competitors of insurers for purchasers, Alexander Krainik of Examine identified. Specialists added that the state of affairs with the availability of spare components for automobile repairs within the nation has additionally improved, which contributed to a discount in the price of the insurance coverage coverage.

Beforehand, representatives of the Russian Union of Vehicle Insurers (RUA) mentioned that if the availability of a obligatory motor third celebration legal responsibility insurance coverage coverage when registering a car turns into non-compulsory, this follow will “carry again” the Russian motorists within the Nineteen Nineties, on the street. confrontations”. They added that the coverage audit disciplines drivers, report “Nationwide Press Service“.

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