CTP policies for motorists in several regions of Russia from 12 April to rise twice – Ekho Moskvy radio station

In this extended corridor, in which insurance companies can set their own prices.

CTP again will rise in price. Drivers are waiting anxiously offensive of April. On the 12th of the following month the country’s main bank will raise base rates for most of the categories of vehicles by an average of 40 percent. This does not affect motorcycles and mopeds, tractors and cars entities. These categories of transport base rate will reduce the contrary. But a simple car owners in some regions, taking into account insurance can fly a lot of money crisis. Since insurance companies, taking advantage of a corridor of up to 20 percent, can set their prices, said RIA. The basic rate for passenger cars individuals will be about 4,100 rubles. Then as now MTPL policy cost in the region of two and a half thousand. Tariff increases due to changes in applicable law, effective from last fall. The main reason for the increase was an increase in tariffs limit payments for the life and health to five hundred thousand rubles, said deputy chairman of the Central Vladimir Chistyuhin. He hopes that this will seriously increase payments to victims of accidents. However, experts fear that the CTP market could further plunge into crisis, and Motor Third for many Russians will be available.

The basic rate of CTP was revised last fall – then it increase of up to 30 percent.