MTPL insurance rating: main criteria for assessing payments

According to statistics, every year in Russia there are more than 160,000 traffic accidents, a huge number of which end in tragedies. The OSAGO insurance system is not only an opportunity to save a vehicle from the consequences of an accident, but also an opportunity to protect yourself from hooligan actions, natural disasters, unforeseen circumstances and other unjustified expenses.

Compulsory motor third-party liability insurance is compulsory motor insurance widespread in Russia, the CIS countries and some other states. Under the MTPL policy, the insurance agency will be ready to compensate for the damage to life and health caused to another person in a traffic accident. Unlike comprehensive insurance, compulsory motor third-party liability insurance does not indemnify the owner, but the injured third parties.

This article will provide a rating of CTP insurance as of 2018, which will allow readers to easily navigate the market.

Company Reliability

Ratings evaluate the activities of insurers based on the so-called. insurance reliability indicator, which is calculated from the ratio of the amount collected to the size paid. This information gives an almost complete objective picture of the activity of the insurance company and its reliability in providing compensation in the insurance situation.

Current CTP Insurance Rating:

If you carefully follow the insurance preferences of the residents of Moscow, you will notice that they strangely coincide with the national average. This is due to the fact that due to the high concentration of financial flows, most of the largest Russian insurance companies have a main office in the capital, and branches operate in other cities. Thus, if you want to know the average situation by insurance companies in Russia, then you can see the rating of IC in Moscow - the differences will not be so big.

Rating of insurance companies on OSAGO payments

The rating differs from the previous one, since the payout indicator primarily indicates the loss-making of the company. The percentage indicated in the table shows the ratio of the volume of reimbursed funds to the volume of bonus payments, that is, in fact, the ratio of costs to profits. If the company’s activities are in order, this percentage will not deviate from the limit of 40-60%, however, changes are allowed when companies carry out certain types of insurance, implying these deviations.

Here is the insurance rating for OSAGO payments for 2018. These are companies that are most often recommended for cooperation on their solvency.

How is the rating formed?

There are numerous factors by which the reliability ratings of insurers are compiled. Moreover, this information is obtained not only on the basis of ratings, but also in highly specialized communities, for example, the Russian Auto Insurers Union owns such information. To gain access to it, you must register on his website and become a full member, but if the user leaves the union, the possibility of obtaining information will remain.

The agencies composing the CTP insurance rating create lists of the most reliable, and they are based primarily on relevant information in recent years, taking into account only specific parameters. Experts take into account the following parameters:

• payout speed;
• quality of service;
• positive and negative reviews, their overall ratio;
• how many motorists regularly turn to this particular company for insurance services and how satisfied they are with the services provided.

You should not look for options for a compulsory motor third-party liability insurance policy at a reduced cost, because the price is fixed today and can only be changed one way or another only in the way you work with brokerage houses, agencies, and other intermediary organizations.

Expert Ratings

This is the main and most respected type of insurance company ratings based on internal corporate data. The disadvantage is that either you cannot independently verify the veracity of this data, or you may have questions about the objectivity and independence of the resource that published this rating (however, the presence of referral links on the page from companies located in the top of the sheet is an obvious hint) .

In this case, what should be based on when choosing an insurance policy? You can choose a company and then regret it, or you can get right on target. Correct lists of insurance companies are usually published in the format of corporate reports based on official verified statistics. Therefore, it is recommended to check whether all the information was scooped from sources worthy of attention.

Popular ratings

Do not exclude the so-called user ratings based on individual voting, usually on the Internet. This voting format has a significant drawback due to the fact that Internet users have the ability to win votes in favor of a particular participant. And even if we exclude any fraud, such a vote in any case can be called objective only with a big stretch, because the average user does not have expert opinion in this area and can focus only on their own experience, which could be positive or negative.

Moscow rating

Metropolitan ratings usually reflect the "average hospital temperature" in the country, and therefore they should always be compiled with particular care. The MTPL insurance rating of Moscow is compiled in accordance with customer reviews.

Novosibirsk rating

The undisputed flagship stably holding a leading position in this market in Novosibirsk is Rossgosstrakh. The rating of insurance companies in compulsory motor third-party liability insurance in Novosibirsk also objectively reflects other indicators.

Rating of St. Petersburg

St. Petersburg is a battleground for leadership in the industry of two OSAGO giants at once: RESO-Garantii and Rossgosstrakh. At the moment, the fight can be called equal, despite the objectively greater market coverage at RESO and large fees. Nevertheless, "Rogosstrakh" is the leader in the insurance rating for CTP insurance payments. Insurance CTP Insurance St. Petersburg:

Vladivostok rating

Vladivostok is another region with the firmly established leadership of Rosgosstrakh. Rating of insurance companies by OSAGO Vladivostok:

People's insurance companies rating for CTP

National (or public) ratings are formed on the basis of numerous user reviews and evaluations of the work of insurance companies. Such ratings are rarely considered by experts due to their subjectivity, but rather are in the nature of unilateral user recommendations. Popular ratings usually collect data from open resources - forums, otzovik portals, as well as official websites of insurance companies, which often resort to moderating negative comments, which also negatively affects the objectivity of popular ratings.

MTPL insurance rating from users:

How much can you trust ratings?

If you look at the ratings and trace the correlation between the results presented by them, you can find that even the top companies in the first places in various ratings can have different results depending on who provides the site. At the same time, having conducted even a superficial study, comparing several sources, one can notice that in most cases, VTB-Insurance, Alfa Insurance or Renaissance Insurance somehow fall into the top ten. This is due not so much to the presence of immutable objective factors that prevent these enterprises from flying out of the top, but to the fact that companies have already gained a certain reputation. But this usually applies to general corporate listings. In individual expert tops, one can still find the truth. Well, if we talk about user ratings, then, as already stated, this option is the least objective, unless you want to read what people write.