CASCO insurance and what laws it is regulated by

What is CASCO

In short, CASCO is health insurance for the driver and his vehicle, which comes into force under the following circumstances:

• The occurrence of an accident where the client of the insurance company is recognized as the guilty party (this type of protection is called “civil liability”, and it implies compensation for damage to third parties affected by the actions of the policy owner);
• Damage to the insured car due to a natural disaster, a traffic accident, an act of vandalism or due to one’s own negligence (an option from the extended program that provides compensation for the appearance of scratches, dents, chips and other damage to the body and interior of the car. If the vehicle is used in taxi, then for it financial protection extends only to external damaged parts);
• Theft of self-propelled equipment or theft of its individual paraphernalia (if such a situation arises, insurance covers only part of the cost of the stolen car. In addition, the fact of the loss of the car must still be proven with the help of law enforcement agencies);
• Receiving an industrial injury or other injuries due to an accident, attack or personal carelessness (an option from the extended list of insurance services, which is not voluntary only when leasing a car);
• Vehicle breakdown on the road (the function of calling a specialist to the scene of the accident, followed by evacuation of the vehicle to a service station, provided for a separate surcharge).

Above we looked at the basic insurance risks included in two standard packages of any insurance company (RESO-Garantiya, Ingosstrakh, Tinkoff, etc.). But the legislation of the Russian Federation does not prohibit citizens from making adjustments to the contract and drawing up an individual list of circumstances for compensation. After all, this can significantly reduce the cost of CASCO insurance. The most popular programs for saving money on purchasing a policy include:

• “Total” - compensation for damage only in case of complete destruction of the car;
• “50x50” - a 50% discount provided for drivers who have never claimed an insured event during the period of validity of the motor vehicle license (ideal option for experienced motorists);
• “Mini” is a package that allows you to receive compensation only for civil liability or in case of vehicle theft.

It is important to know! In addition to purchasing an economy program, a banal deductible can significantly reduce the cost of a CASCO policy. But before including it in the contract, you need to make sure in advance that it is really beneficial for you.

Smart CASCO

Since the price for a policy of this type is quite high, many insurance companies and others offer a service called “Smart CASCO”. This program makes it possible to significantly reduce the cost of a CASCO policy by limiting the mileage of the car.

Thus, in most insurance companies the following limits apply:

• 7 thousand km;
• 15 thousand km;
• 20 thousand km.

All limits are provided for a period of one year. If the driver has not yet driven the number of kilometers specified in the contract before the occurrence of the insured event, then he has the right to receive insurance compensation.

The main advantages of this program include the following aspects:

• insurance coverage for the risk of “damage” (complete loss of the car is included);
• in case of theft or theft, compensation will be paid regardless of whether the kilometer limit has been exhausted;
• If desired, the policyholder has the right to pay extra and refuse the limit, or increase it.

This insurance program applies to both new and used cars. There are also exceptions.

For example, it does not issue CASCO with mileage for the following models:

• Lexus GX, LX, RX;
• BMW X6, X6M;
• Toyota Land Cruiser, Prado.

Therefore, if a car owner decides to purchase the Smart CASCO package, he should definitely read the list of exceptions. Perhaps you should opt for a different insurance company.

Validity

According to the regulations of the insurance company, a motorist has every right to independently choose the period of validity of CASCO car insurance, based on his financial capabilities. But the company itself, according to the standard, sets the period for the document at one year. Moreover, even if the client takes out a policy for a shorter period of time, the contract will not be canceled earlier than after 365 days, although it will also not be possible to receive payment under it.

But after the loss of authenticity, the crust will have to be extended so that the material protection of movable property remains in force. However, it is not necessary to trust the agency with whom you had a deal before to carry out the renewal. After all, according to the law of the Russian Federation, nothing prevents a citizen from changing his insurer at any convenient time. And so that the benefits he has accumulated do not disappear, when submitting documents to a new insurance company, it is necessary to prepare a policy with an expired validity period.

Latest adjustments made to CASCO

The latest edition of the voluntary insurance rules contains a number of innovations:

1. Insurance payments have increased to 50,000 rubles for participants in an accident who have completed an accident report on a European form (in the old version they were half as much).
2. Direct compensation may only be available through your insurance agency.
3. The amount of payment for worn-out components and parts has more than doubled - 50% versus 20%.
4. The contract can be drawn up at any branch of the insurer.
5. The vehicle's wear limit has decreased from 80 to 50%.
6. The upper limit of compensation has increased: if previously it was 120,000, now a car owner can receive 400,000 rubles.

What does the cost consist of?

When considering the conditions for CASCO insurance, it is worth paying special attention to the cost of documents. You can calculate the price of the policy using the following criteria:

• Driver's age (the minimum limit for this indicator is 18 years. But for citizens over 21 years old, the tariffs are slightly reduced compared to the price of the policy for beginners and pensioners);
• Driving experience (since experienced drivers have a lower chance of crashing their own car than amateurs, the CASCO rate for them is noticeably reduced);
• Age limit for movable property (for vehicles with high mileage, inflated tariffs are often applied. If there are very old cars, agents may even sign a waiver of financial protection);
• Franchise (by freezing a specific amount of funds that the insurance company may not pay to the client when compensating for damage, the price of CASCO will be slightly reduced. But remember that you will have to pay for small expenses that do not reach the established deductible figure yourself. Therefore, if you have a high risk scratch or dent your car, it is better to refuse such savings);
• Number of drivers (if several persons authorized to drive an insured vehicle are included in the contract, the cost will be calculated based on the most inexperienced of them);
• Region of actual place of residence (for citizens who operate their car in dense urban traffic, an increased tariff is provided. But for residents of villages and urban settlements, the rate is significantly lower);
• Make and model of self-propelled equipment (the base cost of the vehicle, its theft statistics, engine power and ease of maintenance are taken into account);
• Availability of a security system (due to the fact that vehicles with alarms are much more difficult to steal, insurance companies offer a discount on licensing for their owners).

It is important to know! Additionally, even the installment plan for a car loan affects the CASCO price. After all, when calculating the tariff, the total amount for the car will be taken into account, along with interest accrued by the bank. And this is about 2-3 thousand rubles of overpayment.

Rules and law on CASCO. As regulated by CASCO legislation, the basic rules of insurance.

Federal laws of December 1, 2007, of July 21, 2014 N 223-FZ)
(see text in the previous one)

e) trailers for passenger cars belonging to citizens;

(paragraph “d” was introduced by Federal Law No. 306-FZ dated December 1, 2007)

f) vehicles that do not have wheeled propulsors (vehicles in the design of which tracked, half-tracked, sleigh and other non-wheeled propulsion systems are used), and trailers for them.

(Clause “e” was introduced by Federal Law dated July 21, 2014 N 223-FZ)

4. The obligation to insure civil liability does not apply to the owner of a vehicle whose liability risk is insured in accordance with this Federal Law by another person (the policyholder).

5. Owners of vehicles who have insured their civil liability in accordance with this Federal Law may additionally, voluntarily, carry out insurance in case of insufficiency of the insurance amounts established by Article 7 of this Federal Law for full compensation for damage caused to the life, health or property of the victims, as well as in the event of liability not related to the insurance risk under compulsory insurance (clause 2 of Article 6 of this Federal Law).

(as amended by Federal Law No. 49-FZ dated March 28, 2017)

6. Owners of vehicles whose liability risk is not insured in the form of compulsory and (or) voluntary insurance shall compensate for damage caused to the life, health or property of victims in accordance with civil law. In this case, harm caused to the life or health of victims is subject to compensation in amounts no less than the amounts determined in accordance with Article 12 of this Federal Law and according to the rules of this article.

(as amended by Federal Law dated July 21, 2014 N 223-FZ)

Persons who have violated the requirements established by this Federal Law for compulsory civil liability insurance of vehicle owners are liable in accordance with the legislation of the Russian Federation.

7. The obligation to insure the civil liability of owners of trailers for vehicles, with the exception of trailers for passenger cars belonging to citizens, is fulfilled by concluding a compulsory insurance agreement, which provides for the possibility of driving a vehicle with a trailer attached to it, information about which is entered into the compulsory insurance insurance policy.

(Clause 7 introduced by Federal Law dated July 21, 2014 N 223-FZ)

Looking at the endless number of cases on voluntary motor insurance, which fill domestic courts today, one inevitably comes to mind the need for the Law on CASCO Motor Transport Insurance to be adopted, at least in 2015. But how will this help, you ask? After all, even today Russian courts do not make their decisions in a legal vacuum; they still rely on some legislative norms.

And how will another law help? Will it speed up their work? The fact is that all cases related to CASCO are decided today on the basis of the wording of general civil legislative acts, and these same documents can be very different. One of the most important of them is the Civil Code (for example, this is where the figure for calculating the payment of arrears under CASCO is taken from).

What is CASCO and what are the insurance rules governing? The term CASCO can be generally defined as voluntary automobile insurance. This concept is not an abbreviation, but is a Spanish word, which translated into Russian means “helmet”.

This term is generally accepted and used in many countries. CASCO as a separate type of insurance is not regulated by a separate law, as, for example, is the case with compulsory motor third party liability insurance.

The final cost of a voluntary car insurance policy depends on factors such as:

• The actual market value of the car at the time of insurance.
• Makes and models of the vehicle.
• Amounts of insurance payment.
• Availability of additional services in the insurance (car lawyer, tow truck, etc.).
• Availability of a franchise.
• Accident-free driving under the previous policy, etc.

For an insurance period of up to a year, the client will probably have to pay extra.

• Car data.
• Insurance history. Some insurance companies pay attention to a break-even driving history, applying reduction factors when concluding a CASCO agreement.
• Installment payment.
  Info This service is in high demand, especially if there are no increasing coefficients for it. However, cheaper CASCO insurance, as a rule, is an agreement with a one-time payment of the insurance premium.
• The presence of anti-theft systems, as well as the type of the latter.

The victim has the right to present directly to the insurer a claim for compensation for damage caused to his life, health or property, within the limits of the insured amount. The victim’s application containing the claim for insurance payment, with documents attached to it about the occurrence of the insured event and the amount of damage to be compensated, is sent to the insurer at the location of the insurer or his representative authorized by the insurer to consider the specified claims of the victim and make insurance payments.

The location and postal address of the insurer, as well as all its representatives in the constituent entities of the Russian Federation, means of communication with them and information about their working hours must be indicated in the insurance policy. 2. The insurer shall consider the victim’s application for insurance payment and the documents attached to it provided for by the rules of compulsory insurance within 30 days from the date of receipt.

During the specified period, the insurer is obliged to make an insurance payment to the victim or send him a reasoned refusal to make such payment. If this obligation is not fulfilled, the insurer, for each day of delay, pays the victim a forfeit (penalty) in the amount of one seventy-fifth of the refinancing rate of the Central Bank of the Russian Federation, valid on the day when the insurer should have fulfilled this obligation, from the insured amount established by Article 7 of this Federal Law by type compensation for harm to each victim.

The amount of the penalty (penalty) payable to the victim cannot exceed the amount of the insurance amount for the type of compensation for harm to each victim, established by Article 7 of this Federal Law. Until the full extent of the damage to be compensated is determined, the insurer, at the request of the victim, has the right to make a part of the insurance payment corresponding to the actually determined part of the specified damage.

Within a month, after all documents have been completed. Usually. I was hooked - on January 4, 2009, I received the payment on February 25, 2009. You need to look at the documents carefully: I was sent to the traffic police twice to redo the documents, then they missed one, then the other. Don't worry. Whether OSAGO or CASCO, the procedure is the same! Good luck!

According to the law, within 30 days from the date of provision of all necessary documents, documents are reviewed and insurance payment is made. Only some insurance companies make payments at different times. from a month to several months.

The work of insurers in processing and providing CASCO services is based on the following legislative framework:

1. Law on the organization of insurance business.
2. Consumer Rights Law.
3. Resolution of the Plenum of the Supreme Court “On the application by courts of legislation on voluntary insurance of property of citizens” (law on CASCO insurance).
4. Civil Code of the Russian Federation.
5. Traffic rules

Innovations

At the beginning of 2021, the Federal Law introduced amendments to the CASCO insurance law regarding voluntary insurance:

• The amount of penalties accrued for non-payment of compensation increased from 0.1 percent to one.
• To pay the insured amount, it now does not matter who was driving the insured car involved in an accident.
• If the insurance company refuses to pay the client, it is punishable by a fine and compensation for moral damages.

Where can I apply?

Today, all companies that have the appropriate accreditation can provide financial security for movable property. But the guarantors in this matter are:

• "Alfa Insurance";
• "RESO-Garantiya";
• "SOGAZ";
• Ingosstrakh;
• "VSK";
• "Rosgosstrakh";
• Tinkoff;
• "Agreement";
• "RGS".

It is the listed companies that, in the opinion of motorists, have the most acceptable CASCO insurance rules and the most loyal prices. Other companies are not always able to cover the damages of their clients who are at fault for road accidents without conflicts.

Is it possible to save money?

• You can really save money when purchasing a policy for a maximum period, because Constant renewal of services is much more expensive.
• limit the validity of the CASCO policy. If you do not plan to travel outside the city or region in the next year, then it is not necessary to take out insurance that is valid outside their borders.
• registration of a franchise will reduce the cost of a CASCO policy.
• use the services of the same insurance company. For regular customers or for accident-free travel during the period of validity of the previous policy, many companies offer discounts on the renewal of services.

Is it possible to buy CASCO insurance in installments?

Based on the legislation of the Russian Federation, we can conclude that issuing a policy on credit is not a prohibited procedure. And in practice, many offices provide this option. But before concluding an agreement, you must carefully read the conditions that the insurance company puts forward. Most often they look like this:

• The motorist pays half of the agreed amount when drawing up the contract, and the remaining debt is distributed over a specific period of time (from 30 to 180 days), during which the client is obliged to pay a fixed portion of the funds, divided into an equal number of shares;
• The entire cost of the questionnaire is divided by the number of months it is valid. Thus, the driver pays the insurance for the entire period of its use, and not in one payment.

At the same time, having applied for CASCO on credit, a person still has the right to count on subrogation from the company. The only disadvantage of this option for purchasing a policy is the overpayment of 3-5% on top of its standard price.

Understating the amount of payments

With voluntary CASCO insurance, some companies often borrow the amount of payments if repairs cost about 70 percent of the cost of the car. It is recommended to draw up a statement after an accident, which will list all the parts of the car that were damaged, and in order to receive the full amount of insurance, you can request an examination.

To prevent the expert from overestimating the cost of repairs, it is recommended to ask for an independent examination; if the conclusions differ significantly, this may lead to litigation.

When signing an agreement on voluntary CASCO insurance, decide what is meant by the concept of market price, then it will be easier to resolve subsequent issues.

according to the law on compulsory motor insurance insurance 5 days, and according to the traffic rules not at all

before the first post

Not at all. In your case, the fine for lack of insurance is more expensive than the insurance itself.

not at all! Right now there are five-day poles specifically for buying and selling or something like that

until they catch me)) ) but seriously, then a week, if I'm not mistaken

There are 10 legal days from the date of the purchase and sale agreement until the car is registered. During this time, you must take out MTPL insurance; MTPL insurance will not be issued without a valid maintenance coupon (DK). At this time, you can drive with PTS and DKP

If the car is new, then insurance is not needed for three years! If it’s not new, you’re not allowed to drive without insurance at all!

) 0 days

You can own a vehicle in the absence of a valid MTPL policy for up to 10 days from the date of purchase of the vehicle, but you can drive a vehicle only if you have a policy, otherwise a fine of 500-800 rubles and a ban on operating the vehicle will apply.

You can demand it... but in my region I have not yet heard that insurance companies would even pay CASCO to anyone, let alone compulsory motor liability insurance...

The 50% fine in cases of consumer rights protection is collected not in favor of the consumer, but in favor of the state, the only good thing about PPP cases is that when going to court you do not have to pay a state fee.

More precisely, you can try to recover from the insurance company 50% of the amount in your favor on the basis of a ruling of the Supreme Court of the Russian Federation, another thing is that judicial practice has only just begun to change on this issue and not all judges are guided by it when making a decision, but to “break” it it is possible and necessary!

You can demand anything, but will the court satisfy your demand???? Indeed, now the courts apply the law on the protection of consumer rights to a voluntary insurance contract, i.e. to CASCO. There is no practice yet in applying the law on consumer protection to MTPL agreements.

And in the old days they don’t insure without a GTO coupon? In general, according to the new laws, without a valid GTO coupon with a validity period of at least 6 months, compulsory motor liability insurance is no longer issued. But according to those who have already taken out insurance this year, some insurance companies turn a blind eye to the lack of a coupon, because there is still complete confusion with both the technical inspection and the new type of coupons. You can only find out through experience.

not anymore! The validity of the maintenance coupon must be at least six months

they may not do it

If required by law, you can take out transit insurance for traveling to the place of inspection. For 20 days for 20% of the cost of the annual policy. PS: If you are the owner of a car and have deregistered it, say, for sale, then if you have insurance with an unexpired term, then it is valid until the owner of the car changes or its term expires.

If you bought a car, then the new owner has 10 legal days to obtain insurance, when you can drive under the DCT and PTS. But the risk of an insured event remains. Then you can also take out transit insurance, and after receiving the diagnostic card, take out permanent insurance and register the car.

no way. Nowadays they don’t insure without maintenance, but maintenance is now done by the insurance company itself

you go to Rossgostrakh and they will write out insurance and give you a coupon and directions - you can go and register!!

There is a so-called “Transit OSAGO”, for a period of 20 days

Vehicle inspection tickets have not been issued anywhere for a long time, they have been abolished altogether - BY LEGISLATION!!!

positively

Yes, assholes, what’s the point...

When do you contact your insurance company? very positive)

Fine. The rear bumper of my jeep was cracked. He has insurance. I replaced mine in 3 days, including painting. A month later, his insurance company called, I went, got money, even a little more than I spent. He immediately gave me the franchise. Otherwise, I would probably still give 700 bucks...

No way. That he is, that he is not. I'm unlikely to take advantage of these dubious opportunities.

So the catch is that it does not apply to anyone who already has a policy and whether insurance companies will pay.

of course have

for the MTPL policy - 30 days, see the Federal Law “On MTPL” for CASCO insurance - read the contract (insurance rules), it is stated there, and if not specified, then 7 days. If they delay payment, write a claim and then file a lawsuit