OSAGO: Maximum Car Repair Payment Capped at 400,000 Rubles
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Insights by Echo AI
The Ministry of Finance has prepared amendments to the law on OSAGO, prohibiting insurers from exceeding the maximum payment of 400,000 rubles for car repair. This change aims to prevent additional payments beyond the legally set amount. The amendments also grant the injured party the right to top up repairs if insurance funds are insufficient.
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