all without exception
Kyrgyz people were warned of a three thousand som fine if they refused to present an OSAGO policy at the request of an inspector of the State Traffic Safety Inspectorate at the Ministry of Economy and Trade of the Kyrgyz Republic. The department recalled that as of January 2023, the law on compulsory liability insurance for motor vehicle owners (OSAGO) entered into force in the republic. The fines for those who did not take out insurance will begin in April of this year.
Despite the fact that the law on OSAGO in Kyrgyzstan was adopted in the summer of 2015, last year cars registered abroad but located in the country, as well as public transport, trucks and cars used to transport passengers , passed the compulsory insurance procedure. . Now all motor vehicle owners without exception will have to do this.
Policy cost
In accordance with the Decree of the Government of the Kyrgyz Republic, the following limits of liability are established under the contract of compulsory civil liability insurance: death of a victim in an accident – 300,000 som; disability group I – 200, II – 150, III – 100; disability of the child – 200 thousand.
Injury without establishing disability – in the amount of actual expenses for outpatient and (or) hospital treatment, but not more than 100 thousand soms. Damage to the property of victims – for the amount of damage caused, but not more than 150 thousand for each victim and not more than 450 for all victims.
According to official data, the basic cost of an OSAGO policy is about 1,700 soms. It increases or decreases depending on the coefficients: the type of vehicle, its maximum mass and engine size, the age and experience of the driver, the insurance period.
come with documents
Nothing complicated, as the “RG” correspondent was told in one of the insurance companies, in the execution of the document is not. “The owner of the vehicle takes his passport, driver’s license and car registration certificate and comes to us. If the car is owned by someone else, he needs a power of attorney from him. The policy can be issued for several drivers, but also You must bring your documents,” the insurers explained.
The evaluation of the damages received as a consequence of an accident will be carried out by the company that issued the OSAGO policy. This must be done by your employees within a maximum of 15 days, and then within 30 days the full amount of the insurance must be paid.
The Fund guarantees
The State Service for Regulation and Supervision of the Financial Market of the Kyrgyz Republic reported on the case in which compensation will not be paid. According to the agency, this will happen if a driver whose data was not entered into the policy was driving a car at the time of a traffic accident.
– The document must contain the full name of the owner of the vehicle and the persons authorized to drive it, – explained Tahmina Kamchybekova, head of the insurance regulation department of the State Financial Supervisory Authority.
According to her, if any of the insurers announces the cessation of work, a mechanism to protect the rights of clients will be activated. Currently, 10 companies, whose activities are subject to compulsory licences, have the right to provide compulsory insurance services for movable property in the Kyrgyz Republic. “Companies must meet the requirements for administrative staff, the size of the authorized capital. If the company cannot make payments, its obligations will be taken over by the Insurance Payment Guarantee Fund of the Association of Insurers of the Kyrgyz Republic “, said.
The Gosfinnadzor called on car owners in Kyrgyzstan not to postpone visits to companies until tomorrow, but to do it as soon as possible.
Although there are few who want
Meanwhile, there are many skeptics in the republic who doubt the ability of insurers to issue OSAGO policies to all car owners before April 1, 2023. In the republic, according to the Ministry of Internal Affairs of the Kyrgyz Republic, there are about 1.5 million cars. 10 companies, even working on weekends, will have to prepare around 2.5 thousand documents a day to be on time in April. This is because car owners have already started coming in droves for insurance. But, as one of the firms said, so far there are few applications and, most likely, the main influx of clients will begin in the last two to three weeks of March.
And then, as has happened more than once with the OSAGO law, it is quite possible that the government will be forced to set a new deadline for the full implementation of the compulsory liability insurance system for motor vehicle owners. in the Republic. .
By the way
The Ministry of Economy, the Financial Market Regulation and Supervision Service and the Chamber of Commerce and Industry were the first state structures in Kyrgyzstan to issue liability insurance policies for motor vehicle owners. According to the Ministry of Economy of the Kyrgyz Republic, OSAGO is a social measure aimed at providing financial guarantees for compensation for damage caused by vehicle owners and a financial instrument to improve road safety. The advantage of such insurance is that the culprit of the accident will not have to pay for the damage out of his own pocket, and the victim will not personally demand funds to repair the car. Insurers will take care of it.
You can apply for an OSAGO policy in companies such as the State Insurance Organization, Alma Insurance, ATN Policy, NSK, Arsenal-Kyrgyzstan, Ayu Garant, Mega Insurance Group, Jubilee Kyrgyzstan Insurance Company, “Kyrgyzstan”, “A Plus”.
