OSAGO may rise in price by more than 30%

The cost of insurance policies for OSAGO can increase by more than 30%. This was reported by TASS , referring to the deputy chairman of the Central Bank of Russia Vladimir Chistyukhin.

According to him, the increase in tariffs is due to the devaluation of the national currency and the new limits of life and health insurance that will begin to operate from April 1 of this year. Chistyukhin noted that the change in tariffs in 2014 at that time stabilized the OSAGO business model. However, now the additional factors should be taken into account, including increasing the cost of spare parts due to the depreciation of the ruble.

In addition, Chistyukhin said that the regulator conducted his own analysis and received the conclusion of the Russian Union of Auto Strakhovniki, in which there was an estimate of market participants who offered to increase the cost of OSAGO by 100%. “Currently, we are finishing the discussion procedure regarding the tariff. We are not going to take into account all the wishes of the insurers, but nevertheless, the thirty percent threshold will have to be exceeded, ”he said.