OREANDA-NEWS. October 15, 2010. IC ROSNO has developed a new insurance program "Avtoaptechka". This is a unique product intended for those who for some reasons are not willing to purchase MOD insurance policy against all risks, though also not planning to leave their cars without insurance coverage at all. Avtoaptechka covers repairs of cars damaged in traffic accidents at the certified car maintenance stations, irrespective of whether the insurant is a guilty party or an aggrieved party, reported the press-centre of ROSNO.

The Avtoaptechka insurance program is primarily targeting experienced drivers owning second-hand cars, who would like to protect themselves against significant financial losses in case of a traffic accident, but who still do not seriously consider such option as buying a MOD insurance policy. The Russian insurance market has no abundance of insurance offers for second-hand cars, and, as is often the case, MOD policies for such transport vehicles are quite expensive or not offered at all.

The Avtoaptechka policy enables the experienced drivers owning second-hand cars to protect their vehicles against traffic accident damage for quite a moderate charge. Regardless of the driving experience, car brand and car age or any other parameters, the policy will cost 12,500 roubles per year.

If the insurant is not a guilty party in the traffic accident, ROSNO will pay the cost of repairing his or her vehicle within the limit under the selected insurance package (up to 250,000 roubles per basic package or up to 500,000 roubles per extended package). If the traffic accident is caused by the insurant, the latter will himself or herself pay a part of costs of repairing his or her car: in case of a basic coverage, the insurant’s participation in repairs will equal 20,000 roubles, and in case of an extended coverage it will amount to 25,000 roubles.

"According to the statistics, around 90% of car owners in Russia do not have MOD insurance coverage. Many of them do not purchase MOD insurance just to save money. We believe that each client shall be able to find in ROSNO’s product line an insurance solution meeting his or her specific needs, goals and objectives. I am confident that Avtoaptechka will be popular among those who need high-quality motor insurance at affordable price", commented on the launch of the new product Mr. Artashes Sivkov, Deputy CEO of ROSNO.