Many motorists believe that they will never be involved in an accident. But statistics prove the opposite. The presence of the OSAGO policy will help the driver to minimize his losses during an accident and other accidents on the road.
The CTP policy is issued by all drivers, regardless of the type of vehicle. It should even be registered for owners of tractors or motorcycles.
What documents are needed for registration of OSAGO
Before you go to the insurance company to issue an MTPL policy, you will need to collect a small package of documents, which includes the vehicle owner's passport, driver's license of the required category, PTS (vehicle passport), vehicle registration certificate, technical inspection coupon or diagnostic card, as well as the CMTPL policy issued earlier (if any).
The list of documents for obtaining a policy may change slightly. For example, if you are not the owner of the car you drive, then you will need a power of attorney from the owner of the car. If the vehicle can be used by several drivers at once, then the driver's licenses of these persons will also be required.
How much does OSAGO cost and how to reduce its cost
The cost of OSAGO for each vehicle is calculated individually, taking into account such parameters as the make and age of the car, the age and experience of the driver, the power of the car, the settlement in which the vehicle is registered, etc. For example, if a driver, whose age is 18 years old, drives an old Russian-made car registered in Moscow or St. Petersburg, then the cost of compulsory motor third party liability insurance will be high (about 5-9 thousand rubles per year).
You should not fall for the tricks of insurance agents that promise you to reduce the cost of OSAGO - the price of the policy will not be cheaper somewhere, but somewhere more expensive for a car of the same brand, condition, age and other characteristics. The only way to reduce the cost of compulsory motor third party liability insurance is to have a long driving experience of accident-free driving, as well as a new foreign-made car.
It should be noted that OSAGO will not be able to fully restore the car after an accident, since payments are 120 thousand rubles if only property was damaged during the accident, and 160 when people were injured in the accident. The amount of payments for an insured event is divided equally between all participants in the accident.
You can find out the cost of the OSAGO policy yourself by filling out a short questionnaire on special sites on the Internet. This method of calculation will save you a lot of time.
If you are very worried about the safety of your car, and the conditions for OSAGO do not suit you, you can also apply for CASCO - full property insurance, not including motor third party liability. This type of insurance is used by a small number of car owners, as it is too expensive a pleasure.