The National Automobile Union (NAU) proposed shifting tariffs to a single MTPL policy aligned with the compulsory traffic insurance rates in Belarus. A report on this development appeared in News, and a formal objection was directed to the Central Bank of Russia.
Officials indicate a plan to implement a unified compulsory motor insurance system across Russia and Belarus by 2024, though both countries currently maintain separate car insurance frameworks. In Russia, a car insurance policy can cost between 9.1 and 13.9 thousand rubles, while a Minsk resident can purchase a policy for €28.32 (roughly 2.7 thousand rubles at the then-current exchange rate). As a result, Belarusian insurance tends to be three to five times more expensive than in Russia.
Additionally, the maximum compensation for vehicle and property damage in Russia stands at 400 thousand rubles, whereas Belarus sets this limit at 10 thousand euros (about 968 thousand rubles). This stark difference highlights the varying risk coverage and financial protection levels offered by MTPL policies in the two nations.
There is also a plan to start automated checks of MTPL policy availability using video cameras in 2024. Fines issued through this system are capped at 800 rubles per day. The verification process will focus on vehicles where drivers have violated traffic rules, such as failing to observe intersection signals or exceeding speed limits, rather than applying universally to all cars.
Earlier discussions flagged concerns about potential risks connected with CASCO policies, including issues related to coverage scope, premiums, and the overall reliability of the insurance framework when cross-border regulatory changes occur. Stakeholders emphasize the importance of clear policy terms, consistent enforcement, and consumer protections as the two countries move toward a more harmonized MTPL environment. This evolving situation has been a focus for policymakers, insurers, and drivers who seek predictable pricing and dependable coverage across borders.