Mr. Putin called the reasons for the increase of cost of CTP
OREANDA-NEWS. Increase in the price of CTP is economically necessary measure, rates were uncorrected for a long time, said during a "straight line" on Thursday, Russian President, Vladimir Putin.
"Raising of the cost of CTP - this decision was taken by the Central Bank, economically necessary measure. Firstly, this rate is not adjusted 11 years, and secondly, because the cost of spare parts has increased due to exchange rate differences. And third, because the increased cost of payments related to the protection of human life and health,"- the agency" Prime" cited Mr. Putin. Meanwhile, the president said that he had instructed the Central Bank and the government to consider the possible targeted support of citizens due to the sharp increase in tariffs for CTP.
In turn, the president of the Russian Union of Insurers and the Russian Union of Motor, Igor Yurgens, said that Mr.Putin, in his view, gave an objective assessment of the situation on the market CTP. "We can see that after the decision of the Central Bank about the tariff, the voltage drops - insurers returned to the regions. It is important to bear in mind that when the price of CTP was changed, there were qualitative changes in services: extended limits and changed the procedure for obtaining of payment of life and health. Moreover, the steps that were taken to modernize CTP enable to expect to receive a brand new service - electronic policy, the widespread use of "euro protocol", the introduction of a uniform methodology for damage, enhanced triple coverage limits will lead to the fact that the CTP will be a service that meets international standards of quality and modern customer demands,"- says Igor Yurgens.
Recall, the base rate for CTP increased from April 12th to 40%, it was widened to 20% a corridor, in which insurance companies can set their own prices. The increase in tariffs is associated with effective from October 1, 2014 amendments to the Law on CTP, which presume an increase of the maximum insurance payments for damage to property from 120 thousand to 400 thousand rubles, for damage to life - from 160 thousand to 500 thousand rubles.
The basic rate for CTP on passenger cars to individuals, which was previously 2440-2574 rubles, increased to 3432-4118 rubles, and in a number of subjects of the Russian Federation the cost of policies become even higher due to changes in the regional coefficients.
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