What is Casco and why it is needed

What is Casco? It would seem that the terms of OSAGO and hull insurance are familiar to almost all motorists, but not all clearly understand what they are. What is the insurance and OSAGO, and what is included in them, of course, you can ask in your insurance company, there they will explain everything, but you can study this issue in detail without consulting the specialists.

Compulsory motor third party liability insuranceresponsibility) is a type of compulsory insurance, which partially or completely protects the motorist from reimbursing other participants of the accident, if it happened due to his fault. The insurance policy of OSAGO is present in the list of mandatory documents for presentation to an official, so it will not be possible to do without it. Without this document, you will not even be able to get from the salon to the garage, so it's better to apply for a policy right away when you buy a car.

You should know that the insurer is obliged to payinnocent participants in the accident amount, but not any, but within their responsibility. The maximum amount of insurance coverage is indicated on the policy form. According to the current law, this amount is up to 120 thousand rubles, if it is a matter of harming the property of one victim, and up to 160 thousand, if the property of several people was harmed. The same maximum is paid to each victim whose health and life was damaged. Now it became clear what is OSAGO.

And kasko is also a kind of insurance,Spreading on any vehicles, including cars. In the case of them, the term "auto hull" is more often used. So, what is Casco? Do not think that this type of insurance will protect the car from any misfortunes - this is not so, but many risks will be transferred to the shoulders of the insurer.

Casco is complete and incomplete. Also, insurers widely use franchises, cheapening the cost of the policy, but also hiding a certain danger for the insured, which will be discussed below.

What is a full and partial hull insurance? What is the difference?

A full policy includes insurance of suchrisks like hijacking, car accidents, car damage, theft of some of its parts, natural disasters, falling objects on the car, as well as some other kinds of dangers. Partial insurance involves insurance of only a few

risks, for example, many policies do not include hijacking or damage to a car as a result of natural disasters and weather events, so you need to read the terms of insurance very carefully.

The franchise is another point to whichpay attention to the conclusion of the contract. It represents a certain amount, and if the damage caused to the car is estimated at less than the deductible, the policyholder pays it out on its own. This amount can be fixed or represent a proportional quantity.

There are 2 types of franchise: conditional and unconditional. When a conditional insurer compensates for the full extent of the damage that exceeds the franchise estimate, and under unconditional - only the difference between the monetary equivalent of the damage caused and the franchise. That is, if the damage is estimated at 1000 rubles, and the conditional franchise is 700, then the insurance company compensates only 300, and if the franchise was unconditional, the motorist would not have to incur expenses altogether, the insurer would pay out all 1000.

So, now it became clear what a hull is. However, the conditions of this type of insurance for different companies can vary greatly, so for any incomprehensible moments, questions should be asked to the agent.