OSAGO will rise in price in the fall. when and what to expect for drivers
Question | Answer |
For the reason that insurers will apply the maximum rates, judging by the experience of previous years. | |
The minimum MBM value is 0.5, and the maximum is 2.45. | |
In this case, the MSC will be equal to 1. | |
Within three working days. | |
Oh sure. | |
KVS is the coefficient of age and experience. | |
KO is a coefficient that depends on the number of persons who are admitted to management. |
Insurance companies have long been demanding the liberalization of prices for their services, such measures have not yet begun to be applied, but this year the Central Bank is ready to make significant concessions.
So, on June 15, a draft was announced on changes in the limit sizes of insurance rates coefficients.
CTP policies may rise in price from August 31
What are the changes related to? In recent years, the number of insurers issuing car licenses has more than halved; companies claim that they only receive losses from this type of activity. The last time a rise in the price of policies was observed in 2015, when the regulator revised the boundaries of the "tariff corridor".
The project has not yet been approved, the adoption is tentatively scheduled for August 31, the document will come into force after 10 days. At the same time, the exact date is not indicated anywhere. The increase in OSAGO tariffs will be associated with a change in the range of base rates, as well as coefficients. Expansion of the corridor is envisaged by 20% up and down, except for motorcycles, passenger vehicles, owned by legal entities.
Experts predict an increase in the cost of compulsory motor third party liability insurance, because judging by the experience of past years, insurance companies will not miss the opportunity to make a profit, therefore they will apply the maximum rates.
PCA argues that prices will remain at the same level due to competition.
“Good drivers won't pay for bad ones”?
According to the project, the procedure for calculating the Bonus-Malus coefficient is subject to changes, this indicator can both increase and decrease the cost of the policy:
- The minimum MSC value is 0.5. This means that the cost of insurance for accident-free driving can be reduced by up to 50%.
- The maximum value is 2.45. This coefficient is applied if the client had 3 or more insurance claims during the validity period of the previous OSAGO.
Accordingly, the more disciplined the driver is, the cheaper the policy is. In addition, a single insurance history is now compiled for KBM, in cases where a driver (an individual) is entered into several policies, then the smallest indicator is selected. Established according to MSC calculations, it will be applied for one year, previously this period was limited by the validity period of the car insurance. The indicator is unchanged for a period of up to 12 months and will be applied for all concluded contracts.
Information about the number of issued policies and insurance payments is stored in the automated AIS OSAGO system. MSC is determined based on these data. You can find out your coefficient yourself on the PCA website.
If there is no information about the owner of the vehicle (individual) in the AIS OSAGO database, then the MSC will be equal to 1.
Also, the cost is significantly influenced by the PIC (coefficient of age and experience). For young inexperienced motorists aged 16 to 21 years with no driving experience, the maximum indicator is used for the calculation - 1.87. The minimum FAC - 0.96 will be available to persons in the age category - from 30 years old, with experience of 10 years or more. Moreover, the countdown begins from the date of issue of the first driver's license, regardless of whether the OSAGO was issued for the motorist earlier or not.
According to the current regulations for calculating insurance in 2019, the cost of the policy for different cars fluctuates, but for beginners and drivers who have been in an accident, deviations in the big direction do not exceed 10-20%.
According to the current project, the cost of compulsory motor third party liability insurance will be significantly lower for experienced drivers over 30 years old who have not had any insured events.
Table of new OSAGO tariffs for 2019
The size of the base rate can be determined by the IC independently within the established "corridor". Each company approves the insurance rate and within three working days sends a notification to the Central Bank of the Russian Federation.
There is a price limit for OSAGO, its cost cannot exceed three times the base rate multiplied by the territorial coefficient. If KN (coefficient of violations) is included in the formula, then no more than three times the size.
By insurance companies
In fact, the innovations have not yet entered into force, at the moment the previous tariffs are in effect. However, the project already has a table of the maximum base rates "Appendix No. 1". Moreover, "Appendix No. 5" determines the size of the MSC for the period up to January 1, 2019, and "Appendix No. 6" from January 1 to December 31, 2019.
Despite the fact that insurers are required to indicate their base rate in the media, it is difficult to find out this value without visiting the company in person. To get a preliminary calculation, you need to go to the UK website and use the online calculator. There are no official price statistics for various insurance companies, since the calculation is individual depending on the insured and the type of car.
By region
The amount of the insurance premium payable when purchasing OSAGO also depends on the region where the car is used. For example, in the Moscow region, for vehicles with the exception of tractors and self-propelled road-building machines, the CT is 1.7.
It is noteworthy that for sparsely populated areas the coefficient has been reduced from 0.5 to 0.9.
You can read the Central Bank's instruction on the maximum base rates of insurance rates on our website.
For legal entities
OSAGO will rise in price for everyone. There are a lot of nuances provided. First of all, the owners of vehicle fleets, as before, are required to issue a policy for each car, however, KBM will now be a single value applied to all vehicles. The indicator for the current year is calculated as the arithmetic mean to the second decimal place.
Quote: “The MSC coefficient of a vehicle owner of a legal entity for the current year is determined on the basis of the MSC coefficient value, which was determined for the previous year, and the number of insurance claims for this vehicle registered in 22 AIS OSAGO during the previous year after the date of determining the MSC coefficient the previous year. "
The formula for calculating the size of the insurance premium remains the same. However, for legal entities, the KBC indicator (coefficient of age and experience) is excluded.
The cost also fluctuates, given that the policyholder can issue a policy with a restriction on the number of persons allowed to drive. KO is a coefficient that depends on the number of persons admitted to management; for legal entities, its value is 1.8.
Quote: “If more than one person admitted to driving a vehicle is specified in the compulsory insurance contract, the maximum KVS coefficient determined in relation to persons admitted to driving a vehicle is taken into account in calculating the insurance premium.
It can be summarized that for legal entities, OSAGO will cost even more. In addition to the need to undergo technical inspection more often, increasing coefficients are also set for them. In fact, KBM will grow, even if one car of the owner was in an accident, and the rest did not. In addition, the maximum KO and KVS are set.
The expert believes that some of the money for a compulsory policy can be saved
The Central Bank will continue to liberalize the auto insurance market. Significant changes in OSAGO policies await car owners in 2020 and 2021. The Central Bank shared their plans to cancel the territorial coefficient and not take into account the power of the car when calculating the cost of car insurance. At the same time, future positive changes are leveled by a change in OSAGO tariffs by 20% in the very near future - from January 9, 2019, which, coupled with an increase in the price of gasoline for car owners, can result in a tangible blow to the wallet.
The regulator plans to cancel the territorial coefficient in 2020. Now the place of residence affects the cost of the policy. For example, a resident of the Sverdlovsk region pays 3,600 rubles for a car insurance, and a resident of a neighboring village, but already in the Kurgan region, pays 2,000 rubles. After the amendments come into force, such tariffication "automatically" will be excluded. As Kirill Tabakov, the head of the department for supervision over the activities of insurance market entities in the Central Federal District of the Bank of Russia for the Central Federal District, explained, the place of residence will indirectly affect the cost in the future, but the insurer will already have to calculate it based on their traffic density in each specific settlement, the quality of roads and other factors.
The Central Bank intends to cancel the power factor in 2021. Now, multiplying factors are provided for all vehicles with engine power of 70 horsepower and above. With a power of more than 120 horsepower, the CMTPL tariff increases by 40% (more than 2 thousand rubles), and with a power of more than 150 horsepower - by 60% (about 3.5 thousand rubles).
The Central Bank notes that the days when a car "pulling" more than 120 horsepower was considered a racing car, and the most common cars in Russia have a capacity of 71 to 100 horsepower, are gone: it is unfair that a multiplying coefficient is still in effect for them.
One more nuance: after the abolition of the power factor, insurers will be able to increase the tariff by no more than 40% of the base cost. According to Tabakov, companies will decide for themselves what to take into account when calculating the cost, for example, the make of the car, the characteristics of the driver's behavior on the road.
The representative of the regulator added that the Central Bank, for its part, will recommend insurers to use telematics data - devices that collect information about how and where to drive a car. It records the speed of acceleration, the severity of braking, the duration and frequency of use of the vehicle, that is, all factors that affect the likelihood of getting into an accident.
And at the end of last year, the Central Bank approved changes in OSAGO tariffs, which will come into force in 2019. In particular, the regulator proposed to divide drivers into 58 categories depending on age and driving experience instead of the existing four. For example, now young drivers will have to pay more, and for experienced drivers, accordingly, the price will decrease. For a motorist aged 25-29 years with 9 years of driving experience, the coefficient will be 1.04, that is, 4% more than the base rate. For a driver over 30 years of age with an accident-free experience of more than 10 years, the rate will, on the contrary, be 4% less - 0.96. Now for both categories there is a coefficient of 1. In fact, we are talking about using a more flexible approach to setting tariffs for compulsory motor third party liability insurance. The Central Bank considers this approach to be more fair for both car owners and insurers.
President of the Russian Union of Auto Insurers (RSA) Igor Yurgens, in turn, believes that the innovations proposed by the regulator will change the cost of insurance for only 20% of motorists: for 15% of neat drivers, insurance will become cheaper, and for 5% of reckless drivers it will rise in price, the remaining 80% of the difference will not feel.
At the same time, among the nearest changes is the expansion of the range of rates of the basic tariff for compulsory motor third party liability insurance by 20% in both directions: instead of 3.4-4.1 thousand rubles, there will be 2.7-4.9 thousand rubles. In May, the deputy chairman of the Central Bank, Vladimir Chistyukhin, said that after the change in tariffs for a generalized driver, the price of the policy would rise from 5.8 thousand rubles to 7 thousand rubles. Rates need to be changed, he said, in order to create a competitive auto insurance market: allegedly, now insurers in some regions are working at a loss. In November, Chistyukhin changed his estimate of the rise in the cost of compulsory motor third party liability insurance and said that the price of the policy would grow by a maximum of 1.5%. According to RSA, in 2018 the average price of insurance was 5.7 thousand rubles.
It is not worth taking a word from either the Central Bank or the insurers, experts say. "For most drivers, the cost of the policy will increase by 15-20% since the beginning of the year, although for a number of motorists the rate will indeed decrease," said Anna Bodrova, senior analyst at Alpari. She explained that if there are base rates set by the Central Bank, the exact rates are determined by the insurance company and the more famous the insurer's brand, the higher the rates will be. “This should be taken into account when choosing an insurer. To save money, car owners can cheat a little and buy a new policy before the cost starts to be calculated at the new rates. A new contract can be concluded if no more than 60 days remain until the end of the current insurance. This loophole is relevant for drivers whose OSAGO expires in January or February, ”advised Bodrova.
Recently, car owners have begun to talk about what changes can occur with the registration of OSAGO in 2019. It is already known that the price of insurance will become higher, and the tariff corridor of base rates will also increase.
In 2019, the first stage of reforming the car liability insurance will take place, which will affect all car owners. So, it is already known that since the fall of this year, new coefficients for calculating OSAGO began to operate. They depend on the experience and age of the driver.
It's important to know
From 2019, each car owner will have the right to independently choose a tariff plan and change the principle of paying for the policy. From 2020, it is planned to completely cancel the base cost of insurance, the amount will be set individually for each, after negotiations between the car owner and the insurance agent.
According to the old rules, the cost of OSAGO is calculated based on the territory of use of the car and its power. This principle will still be maintained at the first stage.
Drivers from prosperous regions will pay less compared to drivers from depressed regions. But they want to completely abandon such a principle and make a calculation depending on the experience.
The base rate will look like this:
- For car owners under 22 years of age and with less than 3 years of experience, OSAGO will increase by 1.8 times.
- For car owners over 22 years old and having a driving experience of more than 3 years, the amount of insurance will remain the same.
It should be noted that 50 additional categories were introduced this fall. All groups are divided by experience and age. For example, if a driver is 25 years old and has less than 9 years of experience, then the coefficient will be 1.04, and OSAGO will increase by 4%.
Car owners over 30 years old and with 10 years of driving experience will pay less for the policy. Novice drivers will pay the most.
It is said that the amount of the fine will depend on the owner's law-abidingness, on what time he most often uses his car. Policy offenders will have to pay more.
It is planned to reward drivers for driving without accidents, in which case the size of the policy will be 5% cheaper. It turns out that the coefficient will be assigned to each person individually.
The cost of basic insurance for a car with a coefficient of 1 ranges from 3432 to 4118 rubles. The size depends a lot on the insurer. Car owners themselves will determine how best to insure their car, namely:
- 2,000,000 rubles for material damage and damage that was caused to health and life;
- 1 million rubles for material damage and damage to health and life;
- 4000 RUB for material damage and 5000 rubles for damage to health and life.
It will be possible to determine the validity period of the policy. If earlier it was issued only for one year, now it can be obtained immediately for three years.
Next year, in some regions of the country, they are going to launch a pilot project that will identify owners of insurance evaders.
This will be done by new video cameras that have an intelligent system for processing the received information.
Starting next year, the following types of fines will be relevant:
- For the absence of an OSAGO policy, the owner of the car will have to pay 800 rubles;
- In case of violation of insurance registration or failure to provide insurance upon request, the driver will have to pay 500 rubles.
If the pilot project shows its best side, all paper policies will soon be canceled, they will be replaced with a single electronic document. This will help reduce fraud with insurance policies, which have become very frequent lately.
“Vedomosti” got acquainted with the final amendments of the Ministry of Finance to the law on compulsory motor third party liability insurance - they contain this proposal. The authenticity of the document was confirmed by the person who received it from the ministry, and the representative of the Ministry of Finance said that the bill had been sent to the government.
The Ministry of Finance is ready to allow insurers from September 1, 2019 to September 1, 2020 to set the cost of the CMTPL policy 30% lower or higher than the basic tariffs of the Central Bank, and from September 1, 2020 - 40% lower or higher. In both cases, the maximum policy price cannot exceed three times the maximum base tariff of the Central Bank.
The base tariff corridor for OSAGO is 3432-4118 rubles so far, in May the Central Bank warned that it would expand it to 2746-4942 rubles in the fall. Now the cost of the policy is determined by multiplying the base rate by the coefficients: for the driver's experience, his age, the region where he is registered, and the engine power of the car.
The amendments by the Ministry of Finance are phasing out the power factor (from September 1, 2019) and the regional factor (from September 1, 2020). To mitigate the consequences of the cancellation, the Ministry of Finance proposes to introduce a 30% and then 40% deviation in both directions of the final price of the policy from the Central Bank's tariffs, explains a representative of the ministry: so that the underestimation of risk in one category of motorists is not compensated by funds of other categories.
The Central Bank spokesman says the bank supports the Finance Ministry's bill, since the consistent expansion of the tariff corridor will be synchronized with the abolition of the regional and power factor. Now the price of a policy with coefficients can be twice as high or 40% less than the base one; after the abolition of the regional coefficient, the spread will be no more than 30%. The increasing coefficient for capacity can increase the price of the policy by 60%, the representative of the Central Bank continues, and after its cancellation, insurers will be able to increase the tariff by no more than 40%.
The insurers also liked the idea of the Ministry of Finance - before, they opposed the abolition of the coefficients. The President of the Russian Union of Auto Insurers (RSA) Igor Yurgens considers the draft law of the Ministry of Finance to be a further exemption of the OSAGO tariff.
The unfair cost of the CMTPL policy, warns the Ministry of Finance, will not be possible for insurers to establish. The amendments stipulate that the Central Bank will monitor the loss ratio of companies under OSAGO (and first write a methodology and determine the minimum allowable values). Companies that will be caught in economically unjustified tariffs will be issued instructions, the Ministry of Finance threatens.
But without coefficients, the CTP policy will not remain. The Ministry of Finance proposed new ones, which, however, have already been mentioned. The cost of the policy will be influenced by the driving style: the frequency of violation of the rules, the sharpness of braking and rebuilding, the frequency and duration of the use of the car, etc. - however, it should be possible to record all this with telematic devices. Violations of the rules that are not recorded by cameras can also increase the cost of the CTP policy.
In the final version of the amendments, there is one more previous proposal of the ministry - the transition to different types of OSAGO policies with different payment limits. The document lists three options: the current one, that is, 400,000 rubles. for damage to property and 500,000 rubles. - life and health; or both maximums - 1 million rubles each; or both maximums - 2 million rubles. But it is possible to issue a policy with large payments only with the consent of the insurer.
Another innovation, fixed in the amendments of the Ministry of Finance, is that motorists will be able to purchase OSAGO for three years at once (now no more than a year), and the insurer will not be able to refuse them.
Motor third party liability insurance in Russia is compulsory, so every driver, when buying a car and using it in the future, is obliged to buy an MTPL policy. The rise in price of compulsory motor third party liability insurance is the most discussed issue among car owners against the background of the proposals of the Central Bank and the Ministry of Finance on the reform of "car insurance". So when will the cost of compulsory motor third party liability insurance go up and how much can the prices for insurance policies increase? We will try to analyze these questions in this article.
What caused the increase in OSAGO tariffs?
The last increase in the cost of compulsory motor third party liability insurance occurred in 2015. It was in that year that motorists saw two increases. At the beginning of 2015, the Central Bank increased the base coefficient for light vehicles from 2,574 rubles to 3,432 rubles, and then to 4,118 rubles. In 2017, the base rate for compulsory motor third party liability insurance remained unchanged and amounted to 4,118 rubles for light vehicles. For the first half of 2018, a gradual increase in base tariffs and coefficients was planned.
The Central Bank proposed to expand the tariff corridor by 20% in both directions for the purpose of fair pricing. The expansion will allow insurers to increase the price of the policy for emergency and careless drivers and reduce the price for those who comply with traffic rules and do not get into an accident.
The change in OSAGO tariffs in 2015 was mainly associated with a large loss ratio and an increase in the cost of repair work as a result of the devaluation of the ruble. As insurance companies suffered heavy losses, the central bank raised tariffs and thus attracted more money to insurance companies. According to a study by the Analytical CRA, the loss ratio in 2016 was as much as 73%. In 2017, there were more losses, and they amounted to 94%.
High payments for OSAGO in 2015-2017 were associated not only with a large loss ratio, but also with the emergence of a huge number of auto lawyers who were ready to collect more money from the insurance company for a fixed fee. That is why in 2017 the cash payment was replaced by the “in-kind” payment, i.e. the insurance company became obliged to pay not money for the damage caused to the car, but to pay for its repair at the service center.
How much will the insurance cost?
At the beginning of 2018, there was already a preliminary list of possible changes to compulsory auto insurance, some of which are still being actively discussed. It is assumed that compulsory motor third party liability insurance policies for an unlimited number of drivers will rise in price, that is, the calculation will use not the current coefficient of 1.8, but the increased one - 2.7.
The Russian Union of Auto Insurers has put forward an initiative to cancel territorial coefficients or increase them in some constituent entities of the Russian Federation, where the insurance business is the most unprofitable. It was proposed to obligatory increase the coefficient in Volgograd, and at once by 2-6 times. If such a change really occurs, the cost of insurance will increase from 5,500 rubles to 33,000 rubles. However, as experts say, such a rise in prices cannot happen abruptly, abruptly, reforms should be carried out smoothly, by a gradual expansion of the tariff corridor.
In May 2017, the Central Bank of the Russian Federation put forward an initiative to introduce a more detailed system of tariff coefficients in OSAGO in two parameters - the length of service and age of the driver. So, for young drivers (20-24 years old) with a driving experience of more than 2 years, OSAGO will rise in price by 55%. For drivers over 49 years old with a driving experience of 14 years or more, it was proposed to introduce a discount of up to 34%. According to the Central Bank's project, about 50 gradations will be introduced for the coefficient of age and experience - the highest indicator will be applied for drivers 16-21 years old, and the lowest for drivers 30 years old with 10-14 years of experience.
When to expect a price increase?
There are a number of amendments that were actively discussed in 2017 and were prepared for adoption in 2018. Due to the great public outcry on the issue of compulsory motor third party liability insurance, the cost change was always postponed - first public hearings were held, then working groups were created, but until October 2018 d. the draft law on changing the base rates never got to the State Duma for consideration.
It is not known whether all the proposals for compulsory motor third party liability insurance will be implemented in 2018. Deputy Minister of Finance A. Moiseev at one of the last plenary meetings in the State Duma said that the bill on changing the base rates for policies and introducing coefficients of experience and age of drivers as the main ones for the calculation could take place in the autumn session of 2018, if they are included as amendments to the bill of the Ministry of Finance. Deputy Chairman of the Central Bank of the Russian Federation V.Chistyukhin said that it is necessary to take a comprehensive approach to actuarial calculations, and to carry out all the changes at the same time, so as not to wait a whole year later due to the existing legislative restriction. Chistyukhin also assured that the price and physical availability of insurance will remain in 2018.
New prices and increase in payments for OSAGO
Recently, a large number of complaints have been received from drivers about the actions of insurance companies due to the increase in the cost of policies, the imposition of additional services and difficulties with registration. But this also had positive aspects - the increase in the cost of OSAGO was accompanied not only by an increase in the cost of insurance, but also by an increase in the size of payments. After the innovations, drivers can expect to receive compensation in the amount of up to 400,000 and 500,000 rubles. The insurance company is obliged to pay up to 400,000 rubles for repair work to restore the vehicle. Citizens who have been injured as a result of an accident can count on the payment of up to 500,000 rubles.
Back in 2016, the Ministry of Finance proposed to introduce new limits of liability for OSAGO, equal to 1 and 2 million rubles. Such an increase in the size of payments is planned to be carried out at the second stage of the reform of "car insurance" after the expansion of the tariff corridor.
Thanks to the increased payments, many drivers can repair their cars and not worry that they will have to pay extra from their own pockets. An undoubted advantage is the fact that the approved maximum limit of liability in 2017 is paid to each affected party, and is not divided among all participants in the accident. If we compare the previous conditions that were in effect before the tariff increase in 2015, then drivers could count on up to 120,000 rubles for repairs and up to 240,000 for treatment.
The cost of the insurance policy from September 1, 2018
At the beginning of 2018, the Central Bank announced its intentions in September of the same year to expand the tariff corridor, as well as change 2 coefficients - MSC and the driver's age and experience. In fact, the cost of OSAGO in September 2018 did not change, since the corresponding amendments to the law were not made, and the bill was not even considered in the State Duma and the Federation Council. Igor Yurgens, President of the RSA, explained that the upcoming changes do not mean an unambiguous increase in the price of policies - this will only happen to 20% of drivers who behave inaccurately on the road. For the rest 80%, the rates for insurance policies can be reduced. The table below shows the price changes that the OSAGO reform may entail.
Table - The cost of the CTP policy before and after the reform
Cost components |
Before the reform |
After the reform |
---|---|---|
Basic rate |
3432 - 4118 rubles |
2746 - 4942 rubles |
Bonus Malus Ratio |
0.5-2.45 (several coefficients may be applied depending on the number of policies in which the driver is entered) |
1 coefficient will be applied for each driver |
Territorial coefficient |
0,5-2
|
Can be canceled |
Ratio of driver's age and driving experience |
1-1,8
|
0,96-1,87
|
Contract time |
1 year |
1 day to 3 years |
Power factor |
0,6-1,6
|
Can be canceled |
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