The expert talked about a way to save money on a CTP policy
You can save money on purchasing a CTP policy with trouble-free driving. This was announced on January 10 by Vladislav Golovkin, Director of insurance business Development at the financial marketplace "Compare".
"In order for CTP to be cheaper, you need to accumulate accident-free experience, that is, not to get into an accident through your own fault. Due to this, the coefficients KVS (coefficient of age and length of service) and KBM (accident—free driving indicator) will decrease," the TASS news agency quoted.
Also, to save money on a CTP policy, you need to compare prices in different insurance companies on financial marketplaces. This is due to the fact that the insurer can offer the client individual conditions for the purchase of CTP. In this regard, due to the difference in the base rate, prices in different companies for the same driver may differ significantly. Moreover, it must be remembered that the driver has the right to change the insurance company annually.
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