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The average payment for compulsory civil liability insurance has increased again, the average cost of policies has decreased – Rossiyskaya Gazeta

Date: June 30, 2024 Time: 05:15:13

At the same time, the average cost of policies in May was 7,451 rubles. The figure decreased by 1.7%, or 127 rubles, compared to the average premium in May 2023, and is 8% less than the average cost of policies in January 2024. According to the results of the first five months This year, the total average price of insurance was 7,679 rubles.

“The process of stabilization of the auto parts market is still underway, but despite this, the average payment for compulsory automobile civil liability insurance continues to grow again, in May it showed a significant increase compared to the same period last year and the previous month. The average cost of policies shows a decrease,” noted Evgeny Ufimtsev.

According to the results of five months of 2024, 915 thousand loss cases were resolved (10% more than in the same period of 2023). The total amount of payments during this period amounted to 85.4 billion rubles, which is 22% more than in the first five months of last year. The number of contracts concluded during this period amounted to 17.3 million: an increase of 6% compared to the same period in 2023. The total amount collected by insurers under MTPL contracts amounted to 132.5 billion rubles, an increase of 5% compared to the first five months of 2023.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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