Do I need motorcycle insurance

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

In recent years, there has been a great demand for such a mode of transport as a motorcycle. Two-wheeled "iron horses" are very popular not only among young people, but also among the older generation.

Modern motorcycles are very beautiful, powerful, trimmed with chrome and nickel-plated parts, they simply do not leave anyone indifferent, and everyone wants not only to sit on them, but to ride and buy for themselves. Every day on Russian roads their number is increasing. At the same time, every driver has a question about whether motorcycle insurance is needed.

Transport insurance

Since 2003, a law has been passed in Russia, according to which motorists must purchase a compulsory insurance policy. According to this law, a list of vehicles accepted for insurance was determined. Today, a motorcycle is included in the list of vehicles that are subject to insurance. It turns out that OSAGO insurance for a motorcycle is necessary, and without it you cannot move on the roads.

However, many insurance companies refuse to accept motorcycles for insurance. This refusal is explainedbecause motorcycle insurance is a money-losing business and companies want to insulate themselves from spending.

Compulsory motorcycle insurance

The law of compulsory insurance is the same for both cars and motorcycles. The maximum amount of payment in the event of an insured event is 400 thousand rubles for transport and 500 thousand for he alth. Motorcycle insurance and the insurance procedure is no different from car insurance. You will need to have a personal passport, vehicle documents, a driver's license and a diagnostic card with you. If you are not the owner of the motorcycle, then for registration you will need to provide the owner's passport (copy or original).

How to calculate motorcycle insurance

To determine the size of the insurance premium, base and correction factors are used. The base coefficient established in 2015 for vehicles of category "A" is 867 rubles. This base coefficient is multiplied by correction factors, which depend on: the owner's registration, age and experience of drivers who will be allowed to drive.

Also, do not forget about the bonus-malus coefficient or discount. According to the law, each driver receives a 5% discount per year for accident-free driving. Each year, the discount is added up and applied to lower the base insurance premium.

However, those drivers who were involved in the accident and were the culprits should not count on a discount. For this category, a multiplying factor is provided, whichdetermined individually for each, depending on the number of losses during the year.

How it is issued

CTP motorcycle insurance (Rosgosstrakh offers for registration at any office) can be obtained without problems. You must have a complete package of documents with you. The first thing you need to do is fill out an application for insurance. It must contain all passport data, data on the vehicle and provide personal information of the drivers who will use the motorcycle.

Only on the basis of a completed application, a representative of the insurance company will calculate the premium and draw up an OSAGO contract. However, it is necessary to take into account the fact that motorcycle insurance is issued only after its inspection. Therefore, before visiting the insurance company, the vehicle must be prepared and washed.

Those who do not want to personally visit the insurance company, wait in lines, show the motorcycle for inspection, can get an insurance contract via the Internet. From July 1, 2015, online motorcycle insurance is being issued for OSAGO.

Rosgosstrakh also offers its clients to purchase a policy via the World Wide Web, without visiting the company's office in person. This significantly saves time and allows you to solve the issue of insurance in a matter of minutes. How is the process of issuing an electronic OSAGO form and how is it different from a regular paper one?

Issuing an electronic policy

To apply for a mandatory motorcycle insurance policy,you need to go to the official website of the company and go through a simple registration form. After registration, an access code will be sent to your personal mail, which you will need later when drawing up the contract and will serve as an electronic signature.

After the key is received, you must return to the company's website and fill out an application. As soon as all the fields of the application are filled in correctly, you will need to confirm the accuracy of the information by entering the received secret code. Further, the data will be automatically processed and the motorcycle insurance is calculated and issued. You can pay for the contract by credit card or through an electronic wallet. After payment, the electronic OSAGO form will be registered on the PCA website and will be sent by mail. This form in appearance is no different from ordinary paper.

What is needed for registration

The list of documents required to purchase an electronic policy is no different from the documents required to conclude an agreement at the office of an insurance company. You will need your passport, motorcycle document, driver's license, diagnostic card (if the vehicle is older than 3 years) and the obtained electronic key.

When insurance is issued for a motorcycle, Rosgosstrakh additionally offers to conclude life insurance. This type of insurance is very relevant among motorcyclists, as they are prone to major injuries.

How to show insurance to a traffic police officer

If you purchased a regular OSAGO policy inoffice of the insurance company, it is enough just to provide a form and personal documents. In the event that the motorcycle insurance is electronic, it is enough to show the form in electronic form: on a mobile device or tablet.

The traffic police officer has access to the OSAGO PCA database and can check by the VIN number of your car whether it is insured or not. It turns out that if it is not possible to provide the form in electronic form, it is enough to announce that the form is available and ask the employee to independently check it against the PCA database.

It should be noted that motorcycle insurance is issued for a period of 3 months to a year. Each motorist, before going on the road, must purchase a compulsory insurance contract for a convenient period. For violations of the law, not only pen alties are provided, which are many times higher than the cost of motorcycle insurance, but also a denial of payment in the event of an insured event.