Insurance Will Rise By 50%

Rates for insurance may rise by 50%. Increasing the value of the policy is associated with a threefold increase in limits payments for damage to life and health and property.

The Ministry of Finance sent the government a new version of the bill on insurance, reported yesterday Vera Balakirev. According to the new version of the project, the limit payments to victims in the accident for damage to health will be 500 thousand. Rub. instead of the current 160 thousand. Limit of payments on property damage of 400 ths. rub. (Now - 120 thousand. Rub.).

As described by Ms. Balakirev, in the case of adoption of the law on compulsory motor TPL insurance rates could rise by 50%, reports Prime-TASS (now the base rate is 1,980 rubles.), While at the same time, she also said that the Ministry of Finance is ready to consider raising the tariff by 20 -30%. Terms adoption of the law is not yet known, said yesterday Ms. Balakirev. In February, the head of Rostekhnadzor Alexander Koval said that the tariffs for compulsory motor insurance is necessary to increase this year.

Increasing the limits will be a half-step, the head of Center for Strategic Studies "Rosgosstrakh" Alex Barb. According to him, the insurance companies may face increasing loss, despite the increase in rates for insurance policies. "The increase in losses can be associated with the new order of payments on health. If before the insurers pay the costs of the victims, in the future it will be necessary to carry out the payment upon receipt of damage, "- says Mr. Jag.

Deputy General Director of "AlfaStrakhovanie" Alexander Gorin agree that the loss ratio in the insurance market can grow. "If there is a major accident, and the culprit is detrimental to ten machines currently limit payments on the property - 120 ths. Rub. for everyone. This level will rise to 400 thousand. Rub. for each victim, "- said Mr. Gorin. He also believes that the difficulties may arise with the new order of compensation for damage to health. "In England, the payment is also carried out on the fact of injury. There are cases of fraud when the alleged victims bring a fake certificate of damage, "- said Alexander Gorin.