The analysis of auto insurance international practice

Abstract

Today’s Russian civil liability auto insurance (CLAI) is in deep crisis. Being an obligatory part of the operational component of the vehicle life cycle, the CLAI system must ensure a full recovery of vehicles after an accident. If the issue is ignored there may an increase in the number of accidents due to technical malfunction. Despite the global auto insurance reforms, which have been going on since 2014, CLAI still causes a wide public response. That is the reason why while making a complete research it is necessary to turn to the international experience in the relevant field and to assess the possibility of practicing similar measures for the organization of auto insurance in the Russian Federation. Therefore, the article provides an analysis of international forms of auto insurance similar to our domestic CLAI system. It is proposed to pay attention to the countries of the European Union with a developed automotive industry. Among them there are such countries as Germany, France, and the Czech Republic. Also the peculiarities of insurance in the USA and Japan are described. A comparative analysis of our and foreign forms of insurance shows possible positive and negative aspects when practicing insurance measures. The negative effect of some positions is largely justified by the peculiarities of the population mentality of our country, which complicate the use of similar measures when compared to the United States and Japan. However, the example of Western European countries can be useful in CLAI reform. In particular it concerns the organization of insurance companies work, as well as their interaction and relationship with their customers.