How to buy car insurance online

Briefly about OSAGO

OSAGO makes it possible to pay for breakdowns of another car and damage to the driver’s health in a traffic accident using the insurance company’s funds. You can protect your own car and your health voluntarily using a CASCO policy. OSAGO, in contrast, is a mandatory document to obtain.

During the trip you need to have

take the policy with you, along with your driver’s license and other documents. It is prohibited to drive a vehicle without compulsory motor insurance. The law allows 10 days for its registration for a new car without license plates. If the owner of the car, who did not manage to obtain compulsory motor liability insurance, gets into an accident, then he will pay for all the damage himself. Therefore, it is more profitable to obtain insurance as quickly as possible.

List of documents

To obtain temporary insurance, the driver will need:

• identification;
• driver license;
• general power of attorney (if the owner has delegated his powers to an attorney);
• vehicle purchase and sale agreement;
• warranty card (for new cars) or diagnostic card (for vehicles with an operating period of more than 3 years);
• PTS (for used vehicles).

Transit MTPL is issued for an unlimited number of drivers. If it is necessary to include names on the document, a driver's license for all vehicle users is required.

Features of insuring a new car from the showroom

Large car dealerships cooperate with one or more insurance companies. Sellers can offer their client to take out a policy for a new car without license plates immediately at the time of purchase. In this case, you actually have no choice and must agree to the price and conditions of compulsory motor liability insurance that will be set for you. Another option is to choose a company, prepare documents and visit its office yourself. In this case, you have the opportunity to study reviews, calculate the cost of the policy in different organizations, and think about what additional services you need.

It is important to know! The decision on where to take out MTPL insurance for a new car is made by each driver independently. Unscrupulous sellers in salons may insist on purchasing a policy from them, citing the fact that you cannot go anywhere without it. Don’t believe this: within a period of up to 10 days, you have the right to go elsewhere.

How to apply for compulsory motor liability insurance for a new car

Insuring a new car is practically no different from a similar procedure carried out in relation to used cars. The only difference is the need to re-visit the office after registering the vehicle to enter information about the license plate into the policy.

If the buyer decides to purchase a “citizen car” in the showroom, the insurance procedure will be carried out according to the following algorithm:

• buying a car;
• compilation of compulsory motor liability insurance;
• making payment for the policy;
• transfer of insurance to the buyer.

After the car is registered with the traffic police, the driver will need to contact the dealer to enter information about the received numbers into the insurance.

If you decide to insure a new car without license plates at the company’s office, then you need to follow these steps.

• Choice of insurer. To do this, you need to familiarize yourself with the insurance company’s offers and customer reviews. You should also pay attention to the insurer's rating. If the driver is already a client of a company and is satisfied with everything, then to obtain compulsory motor liability insurance for a new car, it is advisable for him to contact them there, since most organizations offer discounts to regular customers.
• Preparation of documents required to obtain an MTPL policy.
• Visit to the insurance company.

The list of documents for purchasing an MTPL policy is established at the legislative level and is indicated in No. 40-FZ. To purchase a vehicle license you will need to provide:

• application of the appropriate sample;
• policyholder's passport;
• PTS;
• driver's license;
• a document confirming the completion of maintenance.

To insure a new car, you do not need to present a diagnostic card, since the law establishes this requirement only for cars older than 3 years.

In 2021, online auto liability insurance is gaining popularity. To do this, just go to the company’s official website, fill out the fields that open and pay for the policy. However, e-MTPL can only be issued for vehicles registered with the State Traffic Safety Inspectorate. It is impossible to get insurance online for a new car without plates.

Required documents

Before submitting documents, be sure to check their expiration dates. An ordinary citizen, that is, an individual, needs to provide:

• passport;
• diagnostic card (if available);
• driver's license;
• vehicle registration certificate (if any);
• technical passport of the car;
• statement.

Legal entities are required to present:

• diagnostic card (if available);
• vehicle registration certificate (if any);
• technical certificate;
• organization seal;
• power of attorney from the organization giving the right to represent its interests;
• certificate of state registration of the organization;
• TIN;
• extract from the Unified State Register of Legal Entities.

Registration deadlines

You have the right to drive a new car without MTPL insurance for 10 days. If you are stopped by a traffic police officer at this time, you can show him the purchase and sale agreement as proof that the permitted period has not yet expired.

It happens that a newly purchased car needs to be driven to another region and registered there. There is no point in applying for compulsory motor liability insurance on the spot, but the trip may take more than 10 days. In this case, it is possible to order a transit policy. It is issued by all companies for a period of 20 days. Sometimes another person is involved in the driving; in this case, you can obtain insurance by proxy from the owner of the car.

Attention! Upon registration, the driver is given temporary transit license plates. On sections of roads between regions, inspectors check cars more carefully and look for violations, so it’s worth taking out such insurance for driving so as not to worry. Its price is about 20% of the full cost of the policy.

Documents required to obtain car insurance after purchase

When applying for an MTPL policy for a new car, you will need the following documents:

• your driver's license;
• passport of the vehicle requiring insurance;
• vehicle owner's identification card.

Owners of new cars that do not have registration numbers do not need to provide a diagnostic card. It is only necessary for cars older than three years.

There are also cases when the title is in the bank due to the purchase of a car on credit. In this case, you can provide a photocopy of it. It would be enough.

Another nuance when applying for an insurance policy is the number of drivers that you will include in it. If you decide to add someone else to your insurance, then you need to provide their driver's license as well.

Cost calculation

The price of an MTPL policy is the base rate and coefficients. The tariff is set by the Central Bank. This is a corridor, and within its limits companies set their prices. In 2021, the interval is 2746 - 4942 rubles. The price of insurance depends on the type of transport, the age of the owner and other factors.

The formula for calculating the price of compulsory motor insurance looks like this: base rate x Kt x KBM x Kvs x Ko x Km x Ks x Kpr x Kn, where the coefficients are deciphered:

• Kt is the territory coefficient, different for each region.
• KBM - bonus-malus coefficient, a discount for accident-free driving, may increase in case of accidents.
• Kvs - coefficient of age and experience, discount for driver experience.
• Ko is the limitation coefficient, which increases if many drivers are included in the insurance. For a legal entity it is always 1.8.
• Km is the power factor, the more powerful the car, the higher it is.
• Ks is a discount for the period of machine downtime if you do not use it the whole year.
• Kpr - trailer coefficient, depends on the type of transport.
• Кн - coefficient of violations, discount for correct driving.

Advice! Knowing how the ratios relate to the cost of insurance can help you figure out how to reduce that amount. If you are a resident of a big city, try to register the car to someone living in a rural area. If possible, do not include inexperienced or young drivers in the list of people allowed to drive.

This also applies to former members.

Road accident. If you need to do this, then take out unlimited compulsory motor liability insurance, it will be cheaper.

Before insuring a new car without plates, call companies in your city and study reviews to find the best deal. But don't choose too cheap and suspicious options. It is better to choose one of the well-known organizations, for example:

• Rosgosstrakh;
• Alfa insurance;
• Sogaz;
• RESO-Garantiya;
• Agreement;
• Renaissance.

When you are issued with compulsory motor liability insurance, check that the data is filled out correctly and that all signatures and seals of the insurance company are present. In addition to the original policy, you should receive back your documents, a list of MTPL rules, a receipt for payment, and forms for notifying of an accident.

Insurance cost

Buying a car entails large financial expenses. It is important to optimally select an insurance company that will provide the most comfortable conditions for insurance, compensation, information support for the client, not forgetting the price of the policy. Costs for compulsory motor liability insurance may vary slightly, taking into account the applied base tariff, determined within the rate corridor established by the Central Bank. In addition to the estimated rate, all important parameters will be taken into account in determining the final costs, as is the case with a used car policy.

Using online calculators that automatically calculate the cost of compulsory motor liability insurance for each specific case will help you choose a company based on the degree of profitability. Every major insurance company has a special application on its website. By entering initial data, the policyholder determines future policy costs within a few minutes, without the need to visit the office of each individual insurer.

In addition to a certain SC base rate, the calculations involve the same indicators as for a used car:

• indicator of the territory of primary use;
• type of driving permit (limited/unlimited number of drivers);
• age and experience coefficient;
• vehicle type and power in hp. With.;
• compliance with insurance conditions in the past;
• insurance period (standard period – 12 months);
• KBM indicator (accident-free driving experience).

Each of the indicators can increase or decrease the cost of the policy, and this depends not only on the parameters of the car, but also on the policyholder himself.

It’s easy to get OSAGO for a new car. It is enough to follow the same sequence as when issuing insurance for used vehicles. The only difference is that after registering with the traffic police, the policyholder reappears at the office and enters information about state registration.

Is it possible to make an electronic policy for a car without license plates?

Electronic registration is very convenient, but impossible for a new car. The limitation exists because insurance company specialists must check the data in the traffic police database, but the owner of the car is not there yet. Therefore, the first time you will have to insure a new car without license plates in person, but from the second year you can insure it yourself or online.

OSAGO is mandatory and protects the owner from unnecessary expenses in the event of an accident. It is important to obtain insurance on time for a new car without license plates in order to meet the deadlines set by law. At the same time, you have the opportunity to calculate the final cost yourself and choose the best offer among insurance companies.

Why go to the insurance company again after registration?

After the purchase, the owner takes out an insurance policy. At that time, his car still does not have a license plate, so this column in the document is temporarily not filled in. The driver presents the “automobile license” to the traffic police to register the new car. After assigning the number, he reports the information to the insurance company within 3 days. The employee enters new data into the general program and enters them into the policy form.

Issuance of license plates

If the owner of the car for some reason did not have time to report registration to the company, the law remains unbroken. In the event of an accident, all the rules specified in the document apply, and the driver will be compensated for damages.