How much does car insurance cost? Where to get car insurance

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

Buying a car is always a pleasant thing, and it doesn't matter at all what kind of car it is. But you should not limit yourself to buying a car, you must also take out insurance.

This will help the owner of the vehicle save their nerves and money in case of an emergency, causing harm to someone else's or their own car. How much does car insurance cost? It depends on many factors and, first of all, on what kind of insurance policy you purchase: OSAGO or CASCO. Also, the cost of the policy is affected by the driver's experience, and accident-free, and age, and so on and so forth. Where to get car insurance? Of course, in an insurance company, by visiting it personally or by inviting an insurance agent to your home. However, you should not limit yourself to only superficial information, you need to find out in more detail.

Why do I need an insurance policy?

Car insurance is required in order to partially or fully compensate for the owner's cash expensesvehicle in the event of an emergency on the road. If the owner of the car, through whose fault the accident occurred, did not have an OSAGO policy, then he will have to pay the cost of repair work out of his own pocket. And there are rare cases when repairs cost as much as car insurance costs. And who will pay for the repair of your own car depends on whether you have issued a CASCO policy with an insurance company.

It is worth explaining what OSAGO and CASCO are, and how they differ from each other.

OSAGO and CASCO

So, OSAGO is a compulsory third party liability insurance. The terms of insurance imply payment to the driver injured through the fault of the insured in a traffic accident. At the same time, in 2015, the maximum payment for car repairs is 400 thousand rubles, and the maximum payment aimed at compensating for damage caused to human he alth is 500 thousand rubles. At the same time, the repair of your own car is carried out at the expense of personal funds. Having an OSAGO policy is a mandatory requirement, failure to comply with which entails a fine of 800 rubles. And in case of repeated violation - removal of registration numbers.

CASCO - comprehensive auto insurance other than liability. If you have such a policy, you can safely forget about the costs of your car associated with insured events. Among them: an accident, a scratch, theft of a car, removal of wheels, broken glass, and so on and so forth. You can count on compensation for damages even ifif the damage was caused not in the course of an accident involving another owner, but also due to personal fault, for example, entering a fence or a tree. CASCO is not a cheap pleasure, but in case of damage, it will boldly pay for itself. How much does car insurance cost - more information on this below.

Cost of CASCO insurance policy

The cost of CASCO is set by each company individually, according to its own tariffs and is not regulated by the state. Basically, the cost of such an insurance policy depends on the year of manufacture of the car, on who has the right to drive, on the presence of an anti-theft system.

Well, the main factor determining the cost of insurance is the price of the car.

Cost of OSAGO insurance policy

The cost of an OSAGO policy is regulated by the Federal Law on OSAGO and controlled by the Central Bank of the Russian Federation. The following factors or, as they are also called, coefficients affect the cost of the policy:

- base rate (regulated by the insurance company independently, but cannot exceed the rate established by law, as of June 2015, the maximum base rate is 4118 rubles);

- type of vehicle;

- vehicle power in horsepower;

- territory of primary use of the vehicle (determined by the place of registration of the owner);

- term insurance (from 3 months to one year);

- how many drivers will be included in the insurance (limited or unlimited);

- age, experience of drivers withthe right to drive a vehicle;- bonus-malus class assigned to the driver for accident-free driving.

Now every driver will know how much car insurance costs.

Where to get insurance?

You can get an insurance policy for a car at any insurance company. Their selection is currently quite large. You can first visit the office of each company in order to calculate the exact amount for you and choose the most attractive one for you. It is also necessary to find out reviews, especially with regard to insurance claims. Some companies have a negative rating, because in the event of an accident they do not pay the due amount, or the expectation of payments lasts for many months.

Many vehicle owners, choosing a company for the first time, stay there for many years. Units are transferred to another company, perhaps this is due to the opinion that the policyholder loses the discount when moving from one insurance company to another. This is a huge misconception. The discount does not depend on where the owner of the car last took out insurance. The discount is awarded for accident-free driving. Each plus is a five percent discount. This is important to know.

What documents do I need to bring with me?

In order to get car insurance, you must submit the following documents.

1. Documents for the car. This can be either a Vehicle Registration Certificate (VTS) or a Vehicle Passport (VTS).

2. Identity documentsowner. Basically, this is a passport of a citizen of the Russian Federation.

3. It is also necessary to have a diagnostic card confirming the technical inspection of the car. The card must be valid at the time of issuing the insurance policy.

Most often, both the inspection and the OSAGO policy are issued on the same day, but if the owner draws up insurance with an ending inspection, then in the near future he will need to undergo an inspection. This is a very important factor in determining compensation in the event of an accident. There are many reasons why an insurance company may refuse to pay out, but it is mostly illegal. Therefore, drivers create their own rating of insurers.

Rating of insurance companies

There is a so-called rating of companies in which car insurance was issued. Rosgosstrakh, Energogarant, MSK, SOGAZ and other companies, of course, want to take a leading position in the insurance market, but not everyone succeeds. For a long time, the rating of Rosgosstrakh was at a high level, but recently, more and more often you can hear negative reviews about it.

Currently AlfaStrakhovanie is the leader in the reliability rating, Ingosstrakh is in second place, Renaissance Insurance is in fifth.

Reviews about insurance companies

A lot of feedback can be found by contacting avid drivers. Many of them already know where and what pitfalls can await them. For example, some companies inobligatory issue an additional policy of life insurance against an accident. Its cost reaches one thousand rubles. Insurers may not even say what they charge extra money for, but only indicate the final amount. Therefore, it is very important to understand what you are paying for. Remember: imposing additional insurance without your voluntary consent is illegal!

Knowing all of the above information is important not only for novice drivers, but also for experienced motorists. Car insurance, OSAGO, CASCO, payments - you need to understand everything in order to avoid deception by insurance companies.