DEVELOPMENT OF COMPULSORY MOTOR VEHICLE LIABILITY INSURANCE IN RUSSIA

Abstract

Today, a car is an important element of life in any country in the world. Cars are a means of transporting cargo, and also provide convenience and comfort in the daily movement of people. However, with the increase in the number of cars, the number of road accidents increases, which lead to material and physical losses to people's lives and health.

In accordance with generally accepted international practice, the guilty party is obliged to fully compensate for the damage caused to a third party, even if the damage is accidental. In this situation, the civil liability insurance contract, on the one hand, protects the interests of the policyholder from financial losses that he may incur as a result of court-ordered lawsuits for repayment of damage caused to a third party. On the other hand, the insurance system protects the property interests of third parties, since the culprit may not have enough funds to compensate for the damage. Therefore, compulsory types of insurance include insurance of civil liability of vehicle owners.

The paper considers statistical indicators characterizing one of the types of compulsory insurance - insurance of civil liability of vehicle owners, and a comparative analysis of mandatory types of civil liability insurance is carried out.