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To support hapless insurers who are incurring huge losses from a severe rise in auto parts prices, the Central Bank plans to expand the OSAGO tariff corridor by
The Russian Union of Motor Insurance (RSA) has updated its spare parts cost guides – the price tags of the most “breaking” parts in an accident have risen by an average of 28.7%. And as a result, the amount of benefits to victims increased. It is clear that such a situation is completely unprofitable for insurers. And realizing this, the Central Bank thought about expanding the corridor of the base rate: for public transport – by 17.8%, for everyone else – by 26% at once. The final decision must be made after June 28.
In other words, when the innovation takes effect (and it certainly will), drivers will buy or renew OSAGO policies at new, inflated prices. Although the regulator says the changes will only benefit: yes, “accident drivers” will have to pay a lot more, but careful drivers will be able to save money on “autocitizenship”.
However, as a recent study by the OSAGO: Public Expertise project shows, most Russians are calm about upward rate adjustments. And more about this.
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PORTAL “AVTOVGLYAD” IN TELEGRAM
The Russian Union of Motor Insurance (RSA) has updated its spare parts cost guides – the price tags of the most “breaking” parts in an accident have risen by an average of 28.7%. And as a result, the amount of benefits to victims increased. It is clear that such a situation is completely unprofitable for insurers. And realizing this, the Central Bank thought about expanding the corridor of the base rate: for public transport – by 17.8%, for everyone else – by 26% at once. The final decision must be made after June 28.
In other words, when the innovation takes effect (and it certainly will), drivers will buy or renew OSAGO policies at new, inflated prices. Although the regulator says the changes will only benefit: yes, “accident drivers” will have to pay a lot more, but careful drivers will be able to save money on “autocitizenship”.
However, as a recent study by the OSAGO: Public Expertise project shows, most Russians are calm about upward rate adjustments. And more about this.
SUBSCRIBE FOR EXCLUSIVE CONTENT
PORTAL “AVTOVGLYAD” IN TELEGRAM
Source: Avto Vzglyad
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
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