Calculation of OSAGO depreciation helps to minimize insurance payments

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

When drawing up an OSAGO contract, many drivers perceive it as a necessity, and not as insurance, not really counting on receiving any money in the event of an insured event. This is mainly due to the dishonesty of individual insurance companies that refuse to pay out payments to customers or reduce them to the minimum amounts in every possible way.

Unfortunately, it is not uncommon for clients applying for a car insurance policy to receive a refund many times less than the cost of car repairs. In many ways, this is facilitated by the calculation of depreciation according to OSAGO, which is used by insurance companies quite legally. According to existing legislation, insurers have the right to calculate depreciation for OSAGO in such a way that it does not exceed 0.8 of the cost of new parts. Thus, it turns out that the insurer has the right to pay only 20% of their real value, which they use, trying to take into account depreciation to the maximum.

However, if you read the OSAGO law carefully (in the part where the calculation of OSAGO depreciation is described), it turns out that insurers do not always havethe right to apply maximum coefficients. In particular, the coefficient will depend on how old the insured car is, in which country it was produced, and whether the damaged part has changed before (in the latter case, the depreciation under OSAGO for a specific part is calculated taking into account its age, and not the age of the car itself).

Moreover, the law stipulates that some parts are paid without depreciation. If the insurers did not take this rule into account when calculating the indemnity, then it turns out that they violated the law, and the client has the right to demand a larger payment in court.

Most negligent insurance companies take advantage of the fact that their clients are not familiar with the OSAGO law and do not have the opportunity to study it carefully. If the client, having familiarized himself with the calculation of damage, shows his knowledge and asks on what basis such a high depreciation factor was applied, it is likely that the insurance company will recalculate without litigation and unnecessary words. So, when contacting an insurance company, it is better for a client to act like an insurance specialist, even if this fact is not true.

When choosing an insurance company, even for compulsory insurance, one should proceed not from the minimum rates (now there is a special calculator on the website of almost any insurer that allows the client to independently calculate auto insurance), but from the company's rating, customer reviews and personal experience. If choosea good insurer with a solid reputation that values its customers, then the calculation of depreciation under OSAGO will be carried out correctly and according to the law. In this case, the client can be sure that he will not be deceived when calculating the damage, but still you should not lose vigilance - it is better to check what will be written in the conclusion before signing it. Customer vigilance never hurts, especially when it comes to financial matters such as receiving an insurance payout.