Why does OSAGO really become more expensive for cars from unfriendly countries

Thus, the increase in OSAGO rates will be in response to the refusal of unfriendly states to accept Russian Green Card certificates from June 1 this year. However, I am sure that such a “return” should not be used for a number of reasons. First, it is necessary to separate two concepts: the governments of individual states and corporate organizations with jurisdiction in hostile countries. The mere fact that in the current political and economic reality vehicles (mainly trucks) will come to us from their territory is already a positive moment.

And limiting the rights or prescribing in regulatory legal acts “special” conditions for the movement of such vehicles in Russia is in any case not very prescient and premature. In addition, the position of the Central Bank on this issue is at odds with the opinion of the President of the Russian Federation, who said at an extended meeting of the Board of the Prosecutor General’s Office that foreign companies that have remained in Russia , need to get permission to Work quietly.

Second, our treasury will gain little from an increase in insurance rates for “unfriendly” cars. Only a small portion of the insurance premium paid when purchasing an OSAGO policy goes to the state, while the lion’s share of this amount remains in insurers’ accounts. But all British companies, in fact private companies, are extremely interested in increasing profits. Therefore, we can assume that it is insurance lobbyists who generate and promote the ideas to increase the cost of rates at the Central Bank, using the changes taking place in the political arena for this purpose.

At the same time, serious problems are observed in the sector of “car citizenship”, about which even the Central Bank prefers not to speak publicly. So, consistent with the PCA’s report for 2022, when it comes to mandatory third-party liability insurance, there is a tendency among the general public to reject OSAGO policies.

The growth of the car fleet in the Russian Federation in 2022 was only 0.7% for obvious reasons. And the number of OSAGO agreements concluded fell to 40.3 million (assuming a total of 64.5 million units of transport equipment registered with the traffic police), which is 4% less than in 2021. And the trends towards refusing mandatory insurance will remain the same according to the 2023 results, according to most auto experts.

And what about the amount of the average benefit under the OSAGO policy? The Central Bank refrains from making public statements on this matter. Meanwhile, the collection of insurance premiums in 2022 increased by 15.9% compared to the same indicator in 2021, amounting to 273.5 billion rubles. At the same time, the volume of insurance payments increased by 4.3 billion rubles. compared to the previous period – up to 157.3 billion Draw conclusions, as they say.

The average insurance amount for OSAGO at the end of 2022 was ₽76,858, a 10% increase over 2021 (₽70,124). At the same time, car parts in Russia increased in price by an average of 27.7%, and for some items – by 50-60%.

All these figures indicate that the benefits, which in the event of an accident are determined by insurance companies in accordance with the PCA guides, are clearly not enough for car owners, and many of them are now forced to go to court to make up the difference. recoverable between the payment under the OSAGO policy and the actual cost of repairs directly from the cause of the accident.

Analyzing all these data, we can conclude that in the current situation, the Central Bank of the Russian Federation should focus on more pressing problems that are currently occurring in the sector. The regulatory body must develop and propose a number of anti-crisis measures so that the situation does not deteriorate further. It is definitely not the time to engage in political populism at the behest of individual UK lobbyists.