Mechanisms for Compensation of Damage

Gulnara N. Kaigorodova*, Guzel Kh. Pyrkova, Alfiya A. Mustafina, Darya P. Alyakina and Ksenia A. Syvorotkina
Additional contact information
Gulnara N. Kaigorodova*: Kazan Federal University, Russia
Guzel Kh. Pyrkova: Kazan Federal University, Russia
Alfiya A. Mustafina: Kazan Federal University, Russia
Darya P. Alyakina: Kazan Federal University, Russia
Ksenia A. Syvorotkina: Kazan Federal University, Russia

The Journal of Social Sciences Research, 2018, 387-391 Special Issue: 1

Abstract: Since 2013, insurance of liability of carriers to passengers in Russia is carried out without fail, what guarantees compensation for harm caused to passengers. The legislative base allows compensation for harm to the victims to guarantee, and also transfers issues of risk reduction from the passengers themselves (as it was earlier) to those who provide transportation services. The mechanism of insurance protection of interests of persons transported by intraurban and intercity transportation is studied in the paper. It was determined by the authors that this mechanism allows, in addition to compensation for damage, to increase the investment attractiveness of the transport sector. The statistical aspects of this type of insurance are investigated. Risky circumstances which cause growing unprofitability of compulsory insurance of carriers’ liability to passengers have been identified. As such, the indicators of crush rate on the roads of Russia, the condition of the fleet, the qualifications of drivers and other factors have been studied. A decrease in the share of insured objects, despite the increase in the number of license holders for passenger transportation, was noted. The largest number of accidents falls on bus transport. The problematic aspects that reduce the effectiveness of the implementation of this mechanism are studied. Measures have been identified that will help to eliminate a number of problems in this type of insurance and increase the degree of protection of passengers.

Keywords: Liability insurance; Carrier; Passenger; Transport; Crush rate. (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.arpgweb.com/pdf-files/SPI-1-35-387-391.pdf (application/pdf)
https://www.arpgweb.com/journal/7/special_issue/11-2018/1/4 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arp:tjssrr:2018:p:387-391

Access Statistics for this article

The Journal of Social Sciences Research is currently edited by Dr. Paola Magnano

More articles in The Journal of Social Sciences Research from Academic Research Publishing Group Rahim Yar Khan 64200, Punjab, Pakistan.
Bibliographic data for series maintained by Managing Editor ().