Bonus-malus is a system that changes the price of insurance depending on how a person drives. If a driver goes for a long time without accidents, they may get a discount. If they often cause accidents, insurance may become more expensive. The main idea is simple: bonus-malus rewards careful drivers and raises the price for those whose risk is higher.
In motor insurance, bonus-malus is usually shortened to BMC. It is the coefficient that connects the price of a policy with the driver’s insurance history. If there were no insured events linked to the driver, the calculation is calmer. If claims were paid because of that driver, the next policy may become more expensive.
In practical terms, bonus-malus explains why two drivers with similar cars may receive different OSAGO prices. The vehicle, region and period matter, but the claims history also changes the risk.
The EUROASIA E-OSAGO offer calculates the insurance premium with this formula:
PR = SS × TB × KT × BMC × KP × KN / 100
In this formula, BMC is the bonus-malus coefficient based on insured events. It does not replace the base tariff, territory coefficient or period coefficient. It works together with them.
So BMC is not a discretionary discount from a manager. It is one of the calculation factors. If all other parameters are the same, a different BMC directly changes the final premium.
According to the EUROASIA OSAGO offer, these BMC values are used for insured events:
This means that one confirmed insured event can raise this part of the calculation by 30% compared with BMC 1.0. Two events give coefficient 2.0, and three or more give 3.0. That is why it is better to check BMC before paying for the policy, not after the price looks unexpected.
For a customer, not every problem with the car is relevant. BMC is about insured events that enter the insurance history.
If the driver repaired the car privately and no insurance claim was involved, that is not the same as an insured event. If OSAGO paid compensation to an injured party after an accident, that history may affect the next calculation.
The name has two parts:
For EUROASIA OSAGO, the confirmed practical values are 1.0 / 1.3 / 2.0 / 3.0. So it is better not to promise an arbitrary discount for careful driving. The accurate wording is simpler: a clean history helps avoid an increasing BMC, while the final price is still calculated by the whole formula.
Sometimes a driver sees BMC 1.0 and still expects the policy to be cheaper. But OSAGO does not depend only on bonus-malus.
The premium may also depend on:
BMC is an important multiplier, but it is not the whole calculation. If the price changed, the full formula should be reviewed, not only one coefficient.
Before buying or renewing OSAGO, it is useful to check three things.
First, check that the driver and vehicle data are correct. Wrong data can lead to a wrong calculation or problems during claim settlement.
Second, check which BMC was applied. If there were no insured events, the customer should understand why the system shows this coefficient.
Third, make sure that comparable policies are being compared. A limited policy, an unlimited policy, another region or another period can produce a different price even with the same BMC.
This term is useful not only for insurers. It matters for drivers renewing OSAGO, comparing this year’s price with last year’s price, buying a policy online, or trying to understand why the policy became more expensive after an accident.
The key idea is simple: BMC turns insurance history into a number inside the formula. The more insured events are counted for the driver, the higher the price may become. The cleaner the history, the lower the risk of receiving an increasing coefficient.
Dilshod renews OSAGO. No insured events were recorded for him during the previous period, so BMC 1.0 is used in the calculation.
The price still depends on region, vehicle type and other coefficients, but BMC does not increase the premium. This is the normal result of a calm insurance history.
After an accident caused by the driver, OSAGO paid compensation to the injured party. During the next calculation, the system shows BMC 1.3.
If all other parameters stayed the same, this BMC increases the calculated premium compared with coefficient 1.0. The customer should check which event was counted.
Bekzod compared his policy with a friend’s policy and thought his BMC was wrong because the final price was higher.
The check showed different regions and policy formats. BMC matters, but prices can be compared only when the starting parameters are the same.
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