For an additional payment, it will be possible for a Russian car owner to extend the coverage of the MTPL policy to Belarus. report Izvestia cites Evgeny Ufimtsev, President of the Russian Union of Insurers (RUA).
“The contract on the extension of MTPL to Belarus will be signed at the request of the policyholder, that is, the coverage of Belarus will not be included in all MTPL contracts by default,” Ufimtsev said.
According to him, additional guarantee tariffs will be determined after the bill is passed.
Earlier, Russian Prime Minister Mikhail Mishustin, at a meeting with his deputy prime ministers, statedHe said the government is preparing a bill that would allow vehicle owners to extend MTPL coverage to the territory of Belarus if they wish.
The changes could come into effect as early as October 1 this year. According to Mishustin, drivers would then not have to pay for additional insurance.
Moreover, reportedHe said the Central Bank of Russia is ready to reconsider its approach to compulsory motor liability insurance in the medium term and liberalize pricing, but there are many obstacles to this.
A representative from the Central Bank announced that short-term MTPL policies providing free tariffs have started to be implemented as of March 2024, but according to the Central Bank, it is too early to transfer this practice to annual policies. It is stated that the absence of complaints regarding such practices will be a great argument for the introduction of free pricing.
The State Duma was previously introduced law Increasing the car repair period to 45 days under OSAGO.