CASCO and OSAGO CARA insurance: What is the difference between them, difference? If there is CASCO insurance do you need to do CTP? CASCO or OSAGO: which is better for accidents for payments, what is cheaper, what to choose?

The differences between CASCO and OSAGO.

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Now a lot of various insurance is offered by companies. It is enough to get lost in the variety of contracts and payments. Now the main attention is focused on CASCO and OSAGO. In this article, we will try to figure out their general terms and differences.

What is, what gives CASCO and how it is deciphered: an explanation in a simple language

CASCO translated means board. That is, the company will pay you money in case of damage to your car. It doesn’t matter who is to blame for what happened. This can be an absolutely accidental incident, such as a brick or an ice floe on the roof of the car and a dent has fallen. In this case, the company will pay you money. It will not be necessary to confirm guilty or not to blame for what happened. It does not matter. At the same time, CASCO is a voluntary option for insurance. No one can force him to buy, this is your personal initiative.

What is, what gives OSAGO, how it is deciphered: an explanation in a simple language

OSAGO is an obligatory type of insurance. Therefore, now it is issued for any car. It doesn’t matter what age of the car, in what condition it is. The fact is that this kind of policy does not imply payment in all cases, but only covers several types of expenses. Makes a car repair that was injured in an accident. That is, to the one who owns another car that has suffered in an accident. In addition, CTP compensates the damage that is caused by the health of a person who is driving another machine. OSAGO also pays for harm caused to health, pedestrians who have suffered in an accident that you are a participant.

What is the difference between CASCO and OSAGO: comparison, difference

There are a lot of differences between CASCO and OSAGO. The fact is that OSAGO is mandatory. CASCO is an absolutely voluntary desire of the driver. But it is worth remembering that insurance and payment of money are carried out in completely different areas. The fact is that OSAGO is insured by the responsibility of the driver who was in an accident. But in the case of CASCO, the car itself is insured directly.

If you tell in more detail, then in the case of OSAGO, damage is paid to the victim in an accident. That is, if you are the culprit of the accident, then according to the contract, the company will pay the victim damage caused to the car, as well as the driver or passengers who were in this car. Payments are also made if pedestrians are injured from your car. In the case of CASCO, payments are made as in the case whether you are the culprit of the accident or not. In addition, the car is insured. If it is damaged, regardless of who is to blame, money will be paid to you.

What is more expensive than CASCO or OSAGO?

Another significant feature of the difference is the cost. There are many subtleties with payments for CASCO insurance. OSAGO is mandatory state insurance and you must buy it. In the case of CASCO, the contract is not mandatory. In fact, if you purchased CASCO from the company that broke up, it will be very difficult for you to compensate for the damage if you get into an accident. Because the company at the time when you get into an accident may not exist.

She can go bankrupt or simply cease to exist. In OSAGO, this is almost impossible, since the state regulates and takes responsibility for such payments. That is, in any case, even through the court, you can return the money. That is, if you are a victim of an accident, you will even pay money in a judicial proceedings, with the bankruptcy of an insurance company.

CASCO is much more expensive than OSAGO. This is due to a huge number of details and subtleties. The fact is that when calculating CASCO, the brand of the car is also taken into account, as well as its service life. The company is very reluctant to insure cars that are more than 5 years old. The cost of such a purchase also increases significantly. The older your car, the more money you will have to pay for the policy.

OSAGO is much cheaper, and the run, depending on the brand of the car, and its age, is not very large. But CASCO payments are much more. In OSAGO, the amount of payments is more modest and it is clearly regulated. While CASCO can pay an almost full cost of a car, in case of full destruction during an accident.

CASCO or OSAGO: which is better for accidents for payments?

The fact is that drivers can not choose now whether they want to purchase OSAGO or not. Since this is compulsory liability insurance of the driver. That is, any owner of vehicles will have to purchase OSAGO. For payments, if you estimate the amount of money, then CASCO is much more profitable and covers a wider range of car damage.

For example, if you went on the road and a stone hit your glass or headlight and it crashed, the insurance company will pay you money for this kind of damage. If you got into an accident, crashed into a tree by chance, then you also have a company to pay money. Accordingly, the amount of payments is also regulated, it is much higher in CASCO, because the number of cases that falls under this contract is much more than in CTP.

If there is CASCO insurance do you need to do CTP?

Many drivers initially acquire CASCO, and then they are interested in whether to purchase CTP. The fact is that OSAGO is mandatory car insurance. Therefore, in any case, you will have to purchase it, regardless of whether you want or not. If you previously purchased CASCO, you will also have to purchase CTP. If you purchased OSAGO, then it is not necessary to buy CASCO. This is your voluntary desire, in these cases, insurance of different positions occurs. In the case of OSAGO - this is civil liability and compensation for damage to the victims, and in the case of CASCO - this is the complete repair and restoration of the car owner of the policy.

CASCO or OSAGO: What to choose?

The driver cannot choose between CASCO and OSAGO, because OSAGO is mandatory. He may not purchase CASCO. Or maybe acquire. In this case, he will have two contracts - CASCO and OSAGO. Therefore, in any case, in the presence of two policies, regardless of who is to blame for the accident, the driver or not, he will receive payments. If he does not have a CASCO, but there is only OSAGO, then the injured party, as well as pedestrians who participated in an accident, will receive payments.

These two insurance does not replace each other, and are not similar. These are absolutely two different types of contracts. In the first case, this is insurance directly a car, that is, your property. In the second case, this is your responsibility insurance.

Is CASCO and OSAGO the same in different insurance companies?

It is worth noting that CASCO and OSAGO in different companies can cost different money. This is due to the age of your car, as well as with the reputation and life of the company. Large discounts are offered by young companies. Thus, they lure new customers. It is worth being careful, the company can quickly disappear as it appeared. You may either not get your payments, or get them only through the court. And as you know, it is sometimes not at all fast.

Therefore, choosing an insurance company, do not focus on the price of the policy. You need to purchase CASCO or OSAGO only in trusted insurance companies with good experience and reputation. In this case, you can protect yourself and in almost 100 percent of cases you will receive payments.

As you can see, these two policies offer completely different types of insurance. Therefore, at best, you can purchase both CASCO and OSAGO. Thus, you can protect yourself and participants in the accident that have suffered in case of your guilt.