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 Russia2026-06-30
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%.