The Central Bank of Russia has set a new procedure for compiling price guides for spare parts and auto consumables used to calculate payments under compulsory motor third-party liability insurance (CMTPLI), with the changes taking effect on 11 July 2026. The revised methodology excludes very low-priced aftermarket parts from spare-part averages, bars discounts from consumables pricing and requires full inclusion of one-time repair materials. The central bank expects the changes to increase the average CMTPLI payout by 10%. Insurers use the average prices in these guides when computing CMTPLI settlements. Under the ordinance, prices for similar aftermarket parts will be excluded from the average spare-part price if they are 70% cheaper than the original component. Average prices for consumables will be calculated without discounts, and repair cost calculations will include seals, adhesives and other single-use parts in full rather than under the current cap of 2% of the prices for the spare parts being replaced. The updated guides are to be approved by the Russian Association of Motor Insurers within three months.
Central Bank of Russia revises CMTPLI price guide methodology with average payouts expected to rise 10%
The Central Bank of Russia has revised the methodology for CMTPLI spare-parts and consumables price guides, effective 11 July 2026. The changes exclude deeply discounted aftermarket parts from spare-part averages, remove discounts from consumables pricing and require full inclusion of single-use repair materials. Average CMTPLI payouts are expected to rise by 10%.