The decrease in the average cost of OSAGO policies is due to several factors. Despite the sharp increase in the cost of spare parts at the beginning of last year and, as a result, the costs of insurers, the situation has already stabilized, said Denis Makarov, a member of the company’s board of directors. If last year the prices of spare parts skyrocketed, now they are more or less stable.
With the supply of the most frequently broken spare parts for the most popular car models, the situation is improving, said Alexander Kazimov, Director of the Department of Payments. Bumpers, headlights are available from different vendors. The production of windshields is refined in Russia.
Company representatives discuss their insurance portfolio. And it should be borne in mind that since its representative offices and branches are spread throughout the country to small settlements, the most popular car brand is Lada.
Also, over the past year, motorist behavior has changed dramatically. They have become more attentive to their cars. And you’re also less likely to ask for small damage payments. As a result, the number of appeals to insurers has decreased. By the way, this also applies to Casco.
Compared with January-March last year, in the first quarter of this year, the number of Casco claims decreased by 34.7 percent, with a small loss of up to 20,000 rubles.
– The prices for spare parts have risen sharply, turning even a minor accident into a big loss, – says Alexander Kazimov. – Motorists understand that the cost of helmet insurance is only growing, and an insured event can increase the cost of the policy when the contract is extended. Therefore, they prefer to repair minor damage themselves.
Also, motorists are more likely to enter into franchise agreements. This is when the car owner pays part of the cost of the repair. This allows you to reduce the cost of helmet insurance by 10 to 60 percent.
– In Russia, a large fleet of cars that are no longer new is being formed, – says Dmitry Usanov, director of the company’s underwriting department. – The OSAGO limit does not always cover the cost of car repairs. Therefore, interest in the Helmet is growing even among experienced and careful drivers. If before they saved on hull insurance, now they prefer a policy with an excess.
The company expects the number of franchise agreements to grow 40 percent by the end of the year.