Bureaucratic delays do not allow the victim of an accident to quickly receive the compensation due to him. If funds for repairs are needed immediately, and there is no desire to personally communicate with insurance managers and judges, you can sell the right of claim against the insurer to a specialized organization. The amount of compensation will inevitably decrease by 10–30%, but you can receive the money in the shortest possible time.

Since 2002, on the basis of 40-FZ “On OSAGO”, a system of compulsory insurance of property obligations of those responsible for road accidents to victims has been successfully functioning in Russia. A motorist has the right to voluntarily insure damage that could potentially be caused to his vehicle due to the fault of another road user. There are two types of copyright holders for claims against the insurer:

• owner of the CASCO policy;
• victim in an accident due to the fault of the owner of the MTPL policy.

The first is a client of the insurance company, since he has entered into an insurance contract with it. Claims under the MTPL system are based on the law and “someone else’s” insurance contract. However, in both cases we are talking specifically about the right to claim. In the understanding of Art. 307 of the Civil Code, such relations are an obligation, where the copyright holder acts as a creditor and the insurance company as a debtor.

Important! A claim is an asset that can be bought, sold, gifted, inherited or pledged. “Marketability” is given to it by the insurance business - a set of documents and materials necessary to resolve the issue of receiving insurance compensation.

If the insured event is an accident, the insurance case is formed by the following package of documents.

1. Notification of an accident. It is drawn up using a special form issued by representatives of the insurer at the conclusion of the transaction. According to the MTPL system, it is jointly filled out by the parties to the accident.
2. An accident report drawn up by an authorized traffic police officer.
3. A resolution in a case of an administrative violation or a ruling on the refusal to initiate administrative proceedings.
4. State Traffic Safety Inspectorate certificate Form 12, containing information about the subjects of the insurance business, the car, and damage caused in an accident.
5. Additional documents, depending on the specifics of the situation.

Insurance case materials are the basis for the insurer to make a decision on:

• payment of funds due to the recipient;
• issuing a referral for vehicle repair, if such a method of compensation for losses was previously agreed upon with the client.

Insurance must cover losses. For this, in fact, it is needed. Unfortunately, unscrupulous insurers often deny clients’ problems: they minimize compensation, delay payments, unreasonably refuse to satisfy legal claims, and ignore requests. In a problematic situation, the copyright holder has several options for behavior:

• try to defend your interests independently by looking for leverage over the insurer and filing complaints;
• hire lawyers for litigation;
• sell the right of claim to a third party.

Although both of the latter methods involve turning to professionals, they differ significantly. Hiring lawyers is a better idea than fighting the insurer's staff of trained employees on your own. But this option also has disadvantages:

• uncertainty of the final result;
• postponing the receipt of real money in hand for an indefinite period of time (claim settlement + litigation + enforcement proceedings);
• in case of loss, the invested money (lawyers' fees + state duty + cost of examination) will become uncompensated expenses.

Buying out insurance cases for road accidents as a way to resolve a dispute with the insurer does not have these disadvantages:

• the final result of the litigation with the insurer is not important, losing the case will not affect the interests of the victim in the accident;
• the amount is determined and issued or transferred to the beneficiary’s account immediately, repairs can begin immediately;
• minimum formalities– you can agree on the sale of the right of claim immediately after notifying the insurer of the insured event;
• free negotiation on the amount is possible;
• assignment is possible, including in case of refusal to pay the insurance premium or incomplete compensation for material damage.

In Russia, companies are appearing everywhere that buy out claims from motorists at various stages of litigation with the insurer. Why do they need this? This is not an idle question. To negotiate with a counterparty, you need to understand how he makes money.

Organizations that purchase insurance debts are professional participants in the insurance market. They pay the victim of an accident with their own funds, hoping in the future not only to cover expenses, but also to earn money from payments from the insurance company.

Companies that practice buying out insurance cases after an accident tell clients that their income in this business is penalties and fines collected from insurers in accordance with 40-FZ “On compulsory insurance of civil liability of vehicle owners” and Federal Law-2300-I “On the protection of consumer rights." This is partly true. Having professional lawyers on staff, the reseller can compete with the sharks of the insurance business on an equal footing. Moreover, he often manages to take advantage of the advantages that the state has endowed on ordinary people as the weaker side of insurance legal relations.

If possible, the reseller is not averse to making money at the expense of the policyholder, offering the car owner a smaller amount than the likely amount of compensation from the insurer. There are other nuances:

• the entrepreneur is not obliged to repay debts; it is impossible to force him to do so;
• defects in the legal registration of an accident may cause a refusal to conclude a transaction to buy out the right of claim (assignment) or the basis for a significant reduction in the price of this “good”;
• assignment is a civil contract that is not subject to consumer rights legislation;
• from the moment the insurer’s debt is assigned, the motorist loses any connection with the policyholder within the scope of the dispute about the accident and the insurance contract.

Important! The usual margin between the reseller's price and the insurance compensation that can be sued from the insurer is 10–30%. And this does not take into account sanctions (penalties, fines) for unlawful refusal or underestimation of payments. In case of assignment of the claim, these amounts will unconditionally go to the income of the reseller.

Based on the situation, the car owner can choose: wait for payments from the insurance company or immediately receive funds from the reseller. One way or another, the practice of concluding assignment agreements in the insurance industry is gaining momentum. A key role in this is played by the factor of time and procedural savings for the policyholder.

The procedure for purchasing insurance cases for road accidents

The copyright holder has the right to transfer to a third party the right of claim against the insurer arising in connection with the accident. The following legal structures are used for this:

• power of attorney;
• assignment agreement on the assignment of the right of claim.

The lion's share of cases of transfer of rights is formalized by an assignment agreement. But this does not diminish the importance of the power of attorney. According to Art. 185 of the Civil Code, the latter is a written authorization issued to an attorney. The policyholder has the right to authorize a third party/persons to:

• representation of your interests before the insurer;
• appealing on your own behalf to regulatory authorities and courts regarding the collection of insurance compensation;
• receiving funds intended for him.

A notarized power of attorney is quite sufficient to provide the attorney with all the capabilities of a copyright holder. However, the document does not cover all aspects of the relationship between the policyholder and the insurer. A significant part of the agreements remains within the framework of an oral “gentleman’s agreement”:

• The fact of transfer of funds by the attorney to the principal remains legally undocumented;
• nominally the attorney receives money from the insurer not for himself, but for the principal (however, the fact of the subsequent transfer of money to the principal is not monitored by anyone);
• the principal has the right to revoke the power of attorney at any time and, thereby, prevent the attorney from receiving insurance compensation.

A power of attorney is convenient for formalizing the transfer of the right of claim to an individual. The buyout may be of interest to a practicing lawyer or an entrepreneurial person. Sometimes powers of attorney are used by start-up companies.

The assignment agreement is regulated by § 1 of Chapter 24 of the Civil Code. In the understanding of Art. 382 of the Civil Code, assignment is one of the mechanisms for changing the creditor’s obligation. At the same time, the essence of the insurer’s civil obligation remains the same, only the copyright holder changes.

To sell the right to receive compensation for losses from an accident, the car owner does not need the consent of the insurer. True, the CASCO agreement may establish a ban on the assignment of claims. In this case, the policyholder is deprived of the opportunity to enter into an assignment agreement (clause 2 of Article 382 of the Civil Code).
The insurance company should be notified of the conclusion of the assignment agreement as soon as possible. But the assignor (the car owner who sold the right of claim) has nothing to worry about. Being an interested party, the assignee (purchaser of the right of claim) will independently notify the insurer.

The ignorant insurer, who has fulfilled the requirements to the assignor, is released from fulfilling his obligations to the assignee.

To draw up an assignment agreement, a simple written form is sufficient. Such a transaction is not subject to notarization (Article 389 of the Civil Code). Companies that buy insurance company debts develop their own templates. When concluding an assignment agreement, the following conditions must be met:

• the assignor is a victim of an accident or his legal representative;
• at the time of assignment, the claim against the insurer is legally valid;
• the right of claim against the insurer has not previously been alienated to another person;
• the assignor transfers to the new creditor documentation certifying the existence of an obligation, that is, an insurance file.

If the assignor violated one of the above requirements, his counterparty has the right to demand the return of the entire assignment transferred under the agreement and compensation for losses (Article 390 of the Civil Code).

How to choose the right company for the assignment of rights?

In every corner of Russia there are enough companies offering insurance purchase services. Ads of this kind can be found on the Internet and in the media. But you should not completely trust resellers. It is important for the victim of an accident to realize that the assignee is an entrepreneur who cares, first of all, about his own benefit. Therefore, many of the reseller’s statements are just advertising gimmicks.

To choose a reputable reseller and achieve the most favorable offer for yourself, you should adhere to a number of rules:

• do not enter into an assignment agreement rashly - immediately after an accident or on the day of contacting the reseller;
• do not deal with companies that guarantee full compensation for damage caused;
• carefully study the terms of the agreement for the assignment of rights of claim, and if they still remain unclear, involve a lawyer for clarification.

Urgent purchase of insurance cases for road accidents under normal conditions takes a few days, not a few hours. The copyright holder should be wary of the promise of payment on the day of application.

1. An expert assessment is needed to assess the damage. The procedure can indeed be carried out by independent experts at the initiative of the reseller. However, it requires long and painstaking work. For minor damage, the inspection takes half an hour. In case of serious damage, it takes an expert several hours to identify hidden defects. It takes even more time to draw up a conclusion (description of identified defects, calculation of damage caused using formulas, determination of the amount of lost marketable value).
2. Transferring the expert opinion to the legal department, having it read by specialists, establishing the completeness of the insurance case and analyzing the prospects for further proceedings with the insurer takes no less than a working day.
3. A self-respecting reseller company prepares for negotiations on the amount of compensation for at least two working days. Excessive efficiency implies assessing the damage “by eye” and a willingness to agree with the expert opinion of the insurer. An offer to issue money immediately means an inevitable understatement of payments.

Important! The offer of full repayment of the damage is not true. If the reseller’s representative claims to be ready to compensate for losses in full, there is a catch. Most likely, it is hidden in the wording of the assignment agreement.

You should not go to a dealer immediately after an accident. In any case, you will have to file a claim about the occurrence of an insured event and form an insurance case yourself. It makes sense to personally contact the insurer with a claim in the manner established by 40-FZ “On compulsory insurance of civil liability of vehicle owners” or a CASCO agreement. And only if the compensation turned out to be incomplete or untimely, sell the right to collect the entire or remaining amount.
The assignment agreement contains provisions on the transfer to the reseller of rights to:

• insurance premium in connection with an accident;
• penalties;
• reimbursement of legal costs.

• represent the interests of a victim in an accident as an attorney;
• receive on his behalf funds for insurance payments and loss of commodity value.

Such transactions are akin to contracts concluded with lawyers or intermediaries. The client can count on payment only if the dispute is won, and after the insurer pays off the obligations.

Memo for those assigning the right of claim to the insurer:

• reliable resellers avoid concluding assignment agreements on the day of application;
• reading and understanding every point of the transaction with a reseller will protect you from fraud;
• it is pointless to look for an organization that is ready to fully compensate for the damage;
• in auto insurance practice, an assignment agreement involves the assignment of rights to compensation for damage, loss of market value, and legal costs;
• the presence in the contract of non-standard powers, a clause on the right to represent the interests of the policyholder before the insurer, regulatory authorities or the court indicates that an agreement that is not an assignment has been presented to the policyholder for signature.

By adhering to these simple rules, the policyholder reduces the risk of fraud on the part of the reseller to a minimum.

Redemption of insurance cases for road accidents: video

With auto insurance, all or part of the costs incurred as a result of an accident or other insured event are shared with the organization that acted as the insurer of your movable property. But practice clearly shows that not in every situation is enough to fully pay off the cost of repairs. That's why people are looking for different solutions to this problem. One of them is considered to be the buyout of insurance cases for road accidents.

Insurance debt can be redeemed.

Insurance business foreclosure concept

Insurance business is a documentary base that is created to enable a person to compensate for the costs of repairing a car or other vehicle. When an insured event occurs, these documents act as confirmation of the fact of the accident and the reasons that led to it. Insurance business consists of:

1. A completed insurance claim form. A person receives a form after issuing an insurance policy with all other documents. The form must be completed by all participants in the accident.
2. Protocol of the road traffic accident. It is issued directly by the traffic police officers who recorded the accident.
3. Protocol of an offense or refusal to initiate a criminal case (necessarily certified).
4. Form 12. This is a form that is also issued by traffic police officers.

This is the main list of documents. But due to different situations, sometimes additional paperwork may be required. To help with insurance payments, so-called proofreading services have appeared in Russia. This is a fairly large list of companies that provide assistance in paying for insurance claims. The principle of their operation is similar to banking organizations. The buyout involves redirecting the debt to private companies, which immediately and in full pay the required amount. This can happen on the same day or as soon as possible after the occurrence of the insured event. It all depends on how quickly you contact such companies. Many motorists resort to buyout services after an accident. For many, this is a rather controversial decision that raises many questions. Therefore, you need to understand in detail the features of the insurance buyout.

Question of legality

Some are sure that it is completely illegal to carry out such activities, and therefore the purchase of insurance cases for road accidents is nothing more than another fraud scheme. But if you have an insurance policy, you have the full and legal right to seek help from such organizations. Buying out insurance cases is considered completely legal in the Russian Federation. This procedure is clearly prescribed in the Civil Code. The official name of the procedure is cession. Essentially, this is a transfer of rights to insurance compensation. A contract or assignment agreement is concluded between the motorist who is involved in an accident and the company. It describes in detail the rights and obligations of each party. If both parties agree to perform their functions, the contract is considered officially approved and completely legal. Therefore, speculating about the illegality of buying out insurance cases in case of an accident makes no sense.

Why buy insurance cases?

Not everyone understands why such organizations should engage in buying out other people's insurance business. The question is really interesting and relevant, so it should definitely be answered. Many will agree with the fact that it is not always easy to obtain compensation from an insurance company. Often there are many problems and obstacles that the insurers themselves create for their clients, that is, policyholders. Therefore, the prospect of getting money easier and faster from a third party attracts many. The practice of buying out insurance cases is rapidly gaining popularity. This is due to the fact that car owners spend less effort, time and nerves to get the necessary money to repair and restore their vehicle. The repurchase is carried out by special certified companies that have the necessary experience and know all the features of collecting debts for insurance compensation. This company buys the insurer's debt to the policyholder and pays the motorist using its own financial resources. Then the organization will independently collect money from the insurer.

Who does this?

People who have never personally dealt with insurance foreclosures do not quite understand who is behind it all. In fact, these are specialized companies that provide proofreading services. The firm includes a staff of qualified, certified and experienced lawyers who are true professionals in their field. These auto lawyers are able to quickly help the client in obtaining funds for the restoration and repair of the vehicle. In the future, the client of the insurance company continues to operate the car, and it, as before, in accordance with the concluded contract. And the company will independently receive its funds from the insurance company, thereby compensating the costs of payments to the client. When purchasing insurance claims after an accident, car owners themselves receive quite a lot of advantages, if you look at the situation purely from this position. But here it is important to understand all the nuances, advantages and disadvantages of such agreements.

When is it profitable to sell insurance business?

It is important to understand that no organization will pay you money on purely charitable grounds while remaining at a loss or simply without profit. The essence of the work of such companies for the purchase of insurance cases is that they make money from the difference between two amounts:

• the one they paid to the car owner;
• one that they then received from the insurance company.

But it is not always beneficial for a motorist who has been involved in an accident to contact organizations to buy out their insurance business. It is most important to resort to this option for resolving the insurance issue in the following situations:

1. The amount of compensation that the insurer proposes to pay to the policyholder is seriously and completely unreasonably underestimated. That is, you expect to receive one amount, but the insurance company is going to pay a completely different amount, which objectively is not enough to repair and restore the vehicle.
2. The insurer, that is, the insurance company with which you entered into an agreement, refuses to pay you compensation at all. A fairly common scenario, especially among unreliable organizations. The insurer is trying with all its might to keep the money, and uses all sorts of reasons and reasons for refusal.
3. Insurers are deliberately delaying payments. The process can last several weeks and sometimes several months. The motorist simply does not have the opportunity to start repairing his car. You have to wait, constantly contact the insurer, swear, waste energy and nerves.
4. The problem can only be resolved by going to court. The insurance company refuses to pay, and the policyholder cannot get their money. As a result, the only way to resolve the conflict is in court. This requires time, effort, nerves, and sometimes additional financial expenses.
5. The insurance company does not have the opportunity to compensate for the damage that the policyholder received as a result of the accident. A common problem for insurance companies that have recently entered the market or are on the verge of bankruptcy.

These are those cases when the policyholder himself does not want, and sometimes simply cannot, quickly and fully receive fair compensation. Therefore, he turns to companies that can buy out the insurance business. This way, the injured party quickly receives funding to repair the car, and a group of experienced and qualified auto lawyers will deal with the collection from the insurer for a long time. They will collect the necessary documents, provide the required evidence, and the insurance company is unlikely to want to take the case to court. It will be more profitable for them to accept their defeat and return the required money.

Advantages and disadvantages of the method

Car owners are more interested in what benefits they will receive when contacting such organizations. But here three aspects should be considered at once:

• car owners;
• proofreading firms;
• Insurance companies.

It is important to consider and understand the strengths and weaknesses of insurance buyouts for each party.

Car owners

If the motorist had compulsory motor third-party liability, that is, compulsory motor liability insurance, then the proofreading company can buy out his insurance claim in case of an accident. The lack of insurance will not allow you to receive at least some compensation, which is quite logical. As a car owner who was involved in an accident and turned to a proofreading company, you can receive the following benefits:

• significantly less personal time is spent to obtain financial compensation for damage caused as a result of a traffic accident;
• there is no need to spend money on court proceedings and appeals to other organizations to resolve a controversial issue;
• the likelihood of receiving an unfair insurance amount is reduced: practice clearly shows that as a result of all proceedings it is possible to compensate 100% of the damage, but in reality you receive no more than 80%;
• the required amount is paid for the insured event as soon as possible;
• this saves effort, time and nerves; for many car owners this is considered a key advantage, so they try to delegate the solution of complex issues to specialists;
• there is no need to personally engage in court proceedings and sort out relations with an insurance company that did not want to pay you the required amount of money.

Everything looks very attractive. But it is worth looking at the other side of this procedure. Buying out an insurance case for an accident, if you look at the situation from the side of the car owner, has its drawbacks.

1. A certain part of the payments for an insured event remains with the proofreading company. That is, you still won’t be able to receive full compensation from your insurance. But this is quite logical and expected, since the company should receive its own financial benefit from the proceedings in your case.
2. To enter into an agreement with a company that will buy your insurance business, you will have to collect the necessary documents yourself. This is not the most difficult process, but it requires some effort and time.
3. The possibility of encountering scammers is always present. The service for purchasing insurance cases has appeared relatively recently. Therefore, there are some organizations that, under the guise of a proofreading company, will try to deceive you. Here you should carefully choose the organization.
4. If you personally went to court without involving a proofreading company, then you would receive not only insurance payments, but also additional profit in the form of penalties, fines, penalties, etc. Instead of you, the repurchasing organization will receive all these additional funds.

Many negative points can be argued, since everything depends on the specific situation. They do not look like serious shortcomings, which is why more and more often car owners, in order to save their own time, effort and nerves, prefer to give part of the money to proofreaders, but quickly and efficiently receive an adequate amount for car repairs.

Buyers

You also need to look at the situation from the side of the company that buys insurance cases. This will largely explain why the number of such firms is growing rapidly. Modern car insurance in the event of an accident, traffic accidents and the occurrence of other insured events allows you to count on compensation for losses. Many motorists complain that even with regular contributions to the insurance company, they cannot receive the payments they are entitled to. Insurers delay the process, refuse compensation, or deliberately underestimate the fair amount. A lot of people suffer from this. Therefore, the purchase of insurance cases in case of an accident has become an excellent opportunity to put the insurer in its place. For proofreaders themselves in Russia there are quite impressive prospects for development. Having studied the advantages and disadvantages of such activities, you will understand why this segment of the business is becoming so popular and in demand.

Let's start with the positive points. These include:

1. The redeemer receives the difference between the compensation to the client and payments from the insurance company after all proceedings are completed. Sometimes these are quite impressive amounts.
2. There is no compulsory right to redeem debts. The company itself chooses whether to contact a specific case or not. Therefore, redeemers can play it safe and not conduct what is obviously a very complex and unprofitable business.
3. The amount of damage is inflated after the rights to the insured event have been purchased.
4. If the parties make mistakes when drawing up an accident report, this allows you to count on the resulting significant reduction in the amount of payments.
5. The assignment is a civil contract, and therefore it does not fall under the influence of consumer rights law.

That is, in theory and in practice, redeemers can make a good profit by handling other people's insurance cases. If there is a competent and qualified staff of auto lawyers, most cases are resolved quickly and in favor of the proofreading firm. Practice shows that insurance companies do not like to deal with them, and therefore often make concessions. But there are two obvious disadvantages here:

• within the framework of the assignment, the redeemer has to enter into conflicts, sort things out and regularly contact representatives of the insurance company; such communication certainly cannot be called pleasant;
• Often, proceedings reach the level of litigation, so additional time and other resources have to be spent resolving disputes in the courts.

There is nothing unusual in terms of shortcomings here. To make a profit, you have to approach the issue carefully. But this also speaks of the high-quality training of lawyers working in proofreading firms and their high qualifications.

Insurance companies

The question is also worth looking at from the perspective of the insurance company, which is a key entity in the assignment. In fact, it is not particularly important for the insurer to whom exactly it will pay money for the insured event. The company can issue money directly to its client, or do it through a proofreading organization. If we talk about the negative side, then it is worth highlighting two main points.

1. The insurance company has to deal with legal proceedings and contact representatives of the redeemer. This is also not the most pleasant procedure for them.
2. Adjusters strive to get the maximum benefit from an insurance buyout. Therefore, you will need to make serious efforts and involve large resources in order not to give 100% compensation or even win the case. Since the ransomer’s profit depends on the amount of compensation, they are definitely not going to make concessions. This is a big problem for the insurance company.

From this we can conclude that sometimes it is more profitable for the insurer to reach an agreement with the client and give him adequate compensation for the insured event. After all, if a serious proofreading company takes on the case, then you can’t always count on a positive outcome of the proceedings.

Insurance buyout procedure

To transfer rights to insurance compensation, you must first draw up an assignment contract. Based on this contract, the buyer or proofreading company can sue:

• financial resources;
• property;
• ownership.

In order for everything to happen within the framework of the law, a certain sequence of actions must be observed. Step by step it looks like this:

1. The defendant who owes the debt to compensate for damage as a result of the insured event is notified.
2. Next, a notification is sent to the insurance company. It must indicate that the insurance business has been transferred to a third party.
3. The notice must be sent in writing by mail. The legal address of the insurance company is used for delivery. You can also deliver the notice in person. If you decide to use mail, then choose registered mail. This will notify you that the insurer has received your notice.

Additionally, study the issue of concluding a contract and collecting documents.

Conclusion of an agreement

A transport accident is always a very unpleasant event for the injured party. But here it is important to obtain legal insurance payments in order to minimize your own costs of restoring the car. In this regard, sometimes buying out accident cases has a number of advantages compared to personally contacting the insurer. But in order to achieve a positive result, the assignment contract must be drawn up correctly. The assignment contract used in such cases is required to legally transfer the authority to recover damages from the insurance company to an organization that specializes in such proceedings. The contract is concluded with the obligatory signature of both parties and is drawn up in accordance with the regulated form. These contracts must always be registered. The procedure for their conclusion and execution is prescribed in Article 389 of the Civil Code of the Russian Federation. When drawing up an assignment contract, the proofreading firm undertakes to provide all documentary evidence indicating the existence of a real debt. Here they rely on Article 385 of the Civil Code, where there is a corresponding clause.

Required documents

To conclude an assignment agreement, you need to collect the necessary package of papers. This list of documents consists of:

• citizen's passports;
• a driver's license confirming the right to drive a vehicle;
• who was injured in an accident;
• a protocol from the scene of the accident, which must bear the stamp of a traffic police officer and indicate all damage to the vehicle;
• original receipts for expenses incurred as a result of a traffic accident;
• bank details where the money will be transferred.

When the car owner collects the entire package and enters into an assignment agreement, he needs to immediately send a notice about this to the insurer. Such an appeal must be submitted in writing. Experienced lawyers advise using registered letters or courier services. This is an opportunity to obtain documentary evidence that the notified party received the letter. Be sure to keep this confirmation for yourself. This way, the insurance company will not be able to rely on the fact that they did not receive any notice and are not aware of the current situation.

It is quite logical that a person involved in an accident, if he has insurance, expects to receive his legal compensation without much effort and expense. But in reality, things often turn out to be completely different. Situations often occur when a car owner, tired of all these proceedings and procedures, simply gives up trying to get money and resolves the issue at his own expense. And there are those who resist to the last and do everything in their power to receive compensation. If you have almost given up and lost hope of receiving financial resources, you should consider contacting a proofreading company. By transferring your insurance case to them, you will quickly receive money, and a group of experienced and qualified auto lawyers will deal with your debtor. But for everything to really go smoothly and without negative consequences, you need to choose the company wisely. To do this, experts advise starting from several key rules:

1. Never rush to contact a proofreading company on the first day after an accident. First, try to do everything yourself, talk to the insurance company and understand what you can count on in the current situation.
2. Do not trust the appraisal expert's words when they tell you approximately the amount of damage. Only documentary evidence is needed.
3. Under no circumstances should you contact companies that promise to resolve the issue with a mandatory 100% payment. This is in no way possible, since part of the money is still taken by the company whose services you turned to. Therefore, such promises are obviously false and do not correspond to reality.
4. An assignment agreement should be drawn up after the insurance company has denied you compensation for damages in legal proceedings.
5. Carefully re-read each , all footnotes and all sentences printed in small print. If you are convinced that everything is fine and there is no catch, you can put your signature.

If you draw up an assignment contract correctly and choose a reliable company, then you will definitely guarantee yourself the return of the main amount of compensation. You should not expect 100% repayment, since this can only be achieved by contacting the insurer yourself. The company acts as an intermediary, and its profit is based on receiving the difference between the money paid for the insured event. An important advantage of proofreading firms is the fact that you will definitely not find yourself deceived by the insurance company’s client and will not become a victim of its unprofessionalism. Plus, when faced with such an attitude towards yourself, you will be able to draw conclusions and change the insurer. With the current choice of insurance companies, this is definitely not a problem.

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Mas Motors

Buying out insurance cases is the only way to receive compensation for damage after an accident within one day. The service is available to owners of CASCO and OSAGO policies. All transactions are concluded strictly within the law.

An assignment agreement, regulated by the Civil Code of the Russian Federation, is concluded between the company and the owner of the insurance business. In other words, the owner of the car (assignor) transfers his right to receive insurance payment to another person (assignee).

Benefits of the service

Beneficial to all car owners. If you get into an accident, it is very difficult to obtain compensation for damages from the insurance company. The size of payments may be artificially low, and the terms may be delayed. In this case, there are two ways: collecting money through the court or urgently selling the insurance business.

The service is beneficial to car owners in the following cases:

• the conditions for compensation for damage under compulsory motor liability insurance or CASCO insurance have been changed;
• the insurance company is in no hurry to pay;
• there is no time for litigation.

Before you try to deal with insurers on your own, you should remember that court cases in such cases last from 4 to 7 months. When going to court to recover compensation, you will have to pay for the services of an appraiser, stand in long lines, receive a lot of certificates from the traffic police and visit the insurance company’s office more than once.

If immediately after the accident, the proceeds from the transaction can be used to immediately begin repairing the car. The transaction will be completed within one business day. The car owner will immediately receive his money in full, minus the discount.

When is it possible to sell an insurance business?

Buyout of accident cases is carried out at almost any stage. The service can be used even after the car has been repaired or sold, provided the appropriate documents are available. You can receive an insurance payment in one day if:

• after the accident there was no visit to the insurance company;
• the insurer compensated for the damage, but the amount was underestimated;
• compensation was refused;
• payment terms are artificially delayed;
• the insurance company declared bankruptcy.

What is needed to make a deal?

The company's employees specialize in insurance cases involving road accidents. Our wealth of experience allows us to resolve issues very quickly. Therefore, selling an insurance business is beneficial to both parties.

Only the owners of the car or persons to whom a general power of attorney has been issued can transfer debt obligations. All documents must be notarized.

To conclude a deal, you need to prepare copies of all documents in advance. You will need certificates of accidents, examination results, protocols, and so on. The company also conducts an independent assessment of the condition of the vehicle to submit claims to the insurance company. At the same time, the car owner does not need to go around the authorities himself to confirm the right to receive payments. The company guarantees a positive completion of the transaction.

Redemption of debt obligations of insurance companies is a unique service. It eliminates all possible risks when receiving payments and does not require much time. And even though the amount of compensation is incomplete, the money is paid immediately and in full, without delay.

Almost every driver has been in a situation where they need to receive compensation for car repairs after damage from an insurance company. Refunds are made through payment of monetary compensation or payment for repairs.

In what cases does insurance buyout occur?

Buying out insurance cases for road accidents is a fairly popular service today, because it allows drivers to receive money for car repairs without much effort and time. Cases are purchased by companies that specialize in collecting debts from insurance companies. They can also often offer the services of lawyers and experts.

Important!Many companies offer high interest rates for car accident debt.

The redemption percentage depends on the area, but on average it is 65% of the debt amount.

Redemption of insurance claims for road accidents occurs in the following cases:

The insurance company paid insufficient insurance compensation. In most cases, payments from the insurance company are 2-3 times less than the cost of repairs.

The insurance company refuses to pay compensation. If your insurance company won't pay out, you can contact a debt settlement company. If the outcome is positive in court, you will be offered to buy out the case under compulsory motor liability insurance.

The insurance company does not pay compensation. When an insurance company does not pay compensation for more than 20 days and does not send a refusal to pay, this is a gross violation of the Federal Law “On Compulsory Motor Liability Insurance”.

Insurers are deliberately delaying the process. When you are required to provide additional documents due to inaccuracies during registration of an insurance claim.

The case goes to court. When you need to prove your right to receive compensation in court.

The insurer does not have the means to pay compensation. In the event that the insurance company goes bankrupt.

The purchase of insurance company debts is carried out according to the following scheme:

After an accident, the victim demands payment of the policy under OSAGO (Compulsory motor third-party liability insurance) or CASCO (Comprehensive motor insurance except liability), and the insurance company refuses to pay or agrees to pay a small part of the amount.

The driver contacts an organization that deals with the redemption of insurance cases and offers to make the redemption for a specific amount. If the business is promising and the price is fair, the company’s employees draw up documents for the buyout. The organization receives the right to demand compensation for the debt from the insurance company, and the driver receives money for the ransom.

It is possible to sell an insured event for an accident on a legal basis (in the Civil Code “Law on the organization of insurance business”). This procedure is called assignment, and this means that you transfer the rights to claim insurance compensation. All details of cooperation are recorded in the assignment agreement, which is concluded between the driver and the organization.

Benefits of using the service

Firms that buy out debts from insurance companies make a significant profit from the difference between the funds paid to the driver and those received from the insurers. Therefore, selling the debt of an insurance company to another organization is not always profitable.

But there are also advantages of such a service:

- Speed. The car owner can receive monetary compensation within a few hours, immediately after concluding the contract. The driver does not need to spend a long time on proceedings and queues. In an insurance company, this process can last 7-8 months. And there is no guarantee that you will definitely receive all payments.

- Guarantee of monetary compensation. The victim will definitely receive compensation for car repairs, although not the full amount. The insurance company cannot give such guarantees.

- Reducing risk. Due to the fact that you receive compensation in cash, you reduce the risk of a reduction in the amount based on the conclusion of a forensic examination. There will also be no risk of an increase in the price of repairs and spare parts until the end of the proceedings.

- You don't need to pay VAT.

- No additional costs. You do not need to spend money on lawyers, a notary, or an independent examination.

How to choose a company?

In order to receive debt reimbursement as quickly as possible, you should choose a company to transfer the rights to claim reimbursement.

To avoid any problems, choose a reliable and decent company. To do this, follow these rules:

- Do not try to speed up the process of drawing up an agreement and transferring rights to the company. Documentation cannot be completed in a few hours; - Entrust the assessment to a qualified specialist. Remember, assessment is never done by visual inspection alone;

If you are promised a full refund or a huge percentage, do not enter into an assignment agreement.

Receive documents on the appointment or refusal of payment before signing the contract. Try to take steps to resolve the compensation amicably without going to court.

Read the assignment agreement carefully before signing it. If the company to which you transfer the rights to claim the debt offers to assess the damage in a short time (less than 24 hours), then the amount of compensation can be significantly reduced.

How to draw up an agreement?

An agreement is drawn up to entrust the claim for debt repayment to a third party or a specialized company. It must be signed by both parties and correctly drafted. The agreement must be registered in accordance with Article 389 of the Civil Code of the Russian Federation.

You must provide information whether the debtor has debts or unpaid taxes. If the insurance company has debts, transferring rights will be very problematic.

In order for a company to buy your insurance business, it requires:

- be the owner of the car, or you must have a power of attorney for the car in order to represent the interests of the owner;

Provide all copies of documents related to the accident;

Provide an independent expert assessment, or show the car for it to be carried out.

Next, the lawyers will work independently. Within a few hours you will be notified of a decision on consent/disagreement to buy out an insurance claim for an accident. If the organization decides, you get your money for buying out the insurance business.