What is OSAGO?

Understanding the question of what is OSAGO, it is worth paying attention to the legislative acts. In the legislation, civil liability is treated as an obligation to compensate the damage caused to a party recognized as a victim. It turns out that the essence of civil liability is that you as a driver undertake to compensate for any harm that can be caused by you on the road. For example, you have to pay for the repair of the car you crashed into, and also pay for the pedestrian that you touched, the treatment.

Earlier after any accident, the victim and the perpetrator had to deal with the issues of compensation for damage to the health of people and the car. Ordinary conflicts were common, as each side had its own subjective understanding of the amount of acceptable compensation. And not always the guilty person had the opportunity to pay the victim the required amount. Because of this, additional difficulties appeared in the settlement of the issue. The resolution of such conflicts in Russia went to a civilized channel in 2003, when all drivers were obliged to make car insurance for OSAGO. This allowed the drivers not to worry about the damage caused by them, as the insurance company took responsibility for it. The damage is assessed by independent specialists. Of course, this does not reduce the number of questions and claims, but it gives an opportunity to rely on objectivity.

So, what is OSAGO and how does it work? Legislation of Russia obliges every car owner to insure his maximum in five days after registration of the vehicle in the property. A car that does not have a MTPL policy will not be registered with the STSI, but it is not allowed to manage it without a policy.

If the question of what is OSAGO, like it is clear, it is worth mentioning about who is engaged in insurance of motor third-party liability. This type of insurance has long been practiced in different countries, since this is the simplest method of compensation for damage, which was caused as a result of a car accident. On the territory of Russia, auto insurance members can only be insured by members of the auto insurers' union that have the appropriate license issued by the Federal Insurance Supervision Service. This organization is the guarantor of payment on insurance, whatever happened to your company. Even with its bankruptcy, the due payments will be made to customers due to the fact that there is a special fund for SAR.

What is OSAGO and how to get it, it is understandable, but now you can go to the question of what this type of insurance gives. This policy ensures that if you become the culprit of a traffic accident, the insurance company will take care of damages. The insured party carries out calculations based on the average prices in the region where the accident occurred. If it is a car with a damage, the depreciation of spare parts is deducted from the total amount. When calculating the amount of compensation for harm to health, the cost of providing medical services in the region, caring for the victim, and the amount of lost earnings are taken into account. And in the event of a tragic event - compensation for the family due to the loss of the breadwinner, as well as the cost of his burial.

It is very troublesome to get a refund for OSAGO. Insurance is generally very difficult. First of all, it is important to act properly when the same insured event occurs. It is necessary to call the traffic police officer to the scene of an accident, and also to track the correct completion of references and protocols. Since motorists understand how much time it can take for them, they rarely apply for insurance payments with a few scratches on the bumper, broken mirrors or glass.