The car insurance segment is divided into two types: compulsory insurance (OSAGO) and voluntary insurance (hull insurance, DSAGO). If you can’t avoid buying the first policy, whose existence will increasingly be monitored by surveillance cameras, voluntary car insurance remains a niche market.
However, growth was also observed there. According to the publication Russian Automobile Company Referring to the National Insurance Information System (NSIS) statistics, from January to July this year, compared with the same period last year, Russia’s comprehensive insurance costs increased by 13.2%, and the corresponding number of contracts increased by 16.6%. During the same period this year, 6.99 million car insurance contracts were signed in Russia, with costs reaching 192.5 billion rubles.
Image source: ChatGPT.
One thing should be understood here: although voluntary car insurance (the same as comprehensive insurance) is an expensive pleasure, it can theoretically save your wallet if your car is damaged or stolen. For residents of big cities, in a crowded parking lot, your car may be “run over” and “crowded” at any time, and then even if it catches fire during the day, the perpetrator cannot be found. It is strongly recommended to register for a comprehensive insurance. But so far we see that people who want the best are still the majority in the country, and the majority of customers within the framework of voluntary car insurance are legal entities for car rentals.