Vehicle insurance: prospects of judicial dispute resolution

In the Russian Federation, the vehicle insurance sector is gaining more and more prevalence and importance, which is due not only to the annually increasing number of road accidents occurring, but also to the digitalization paradigm of the entire Russian society. Any interested person who has suffer...

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Main Author: Egorova Olga
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2021/05/shsconf_sps2020_04005.pdf
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author Egorova Olga
author_facet Egorova Olga
author_sort Egorova Olga
collection DOAJ
description In the Russian Federation, the vehicle insurance sector is gaining more and more prevalence and importance, which is due not only to the annually increasing number of road accidents occurring, but also to the digitalization paradigm of the entire Russian society. Any interested person who has suffered damage has the intention to restore his rights, including property rights, which is not always possible at the pre-trial stage of the development of a vehicle insurance conflict. Despite attempts to legislatively reform the pre-trial procedure for resolving disputes in cases arising from the vehicle insurance contract aimed at increasing guarantees of the rights of consumers of financial services, the judicial procedure for resolving such disputes does not lose its relevance. The judicial protection of the consumer financial services rights reveals the issue of court interpretation of legal texts, in particular, the rules of insurance and the vehicle insurance contract concluded by the consumer of financial services with the insurer. In the texts of such agreements, financial organizations specify the types of insurance events that do not fall under the signs of an insured event, which is the basis for compensation for damage caused. The correctness of the consideration and resolution of the dispute actually depends on the correct interpretation of these legal texts.
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spelling doaj.art-6d4950c01f594c15bcfdafff2aa570a22022-12-21T22:28:26ZengEDP SciencesSHS Web of Conferences2261-24242021-01-01940400510.1051/shsconf/20219404005shsconf_sps2020_04005Vehicle insurance: prospects of judicial dispute resolutionEgorova OlgaIn the Russian Federation, the vehicle insurance sector is gaining more and more prevalence and importance, which is due not only to the annually increasing number of road accidents occurring, but also to the digitalization paradigm of the entire Russian society. Any interested person who has suffered damage has the intention to restore his rights, including property rights, which is not always possible at the pre-trial stage of the development of a vehicle insurance conflict. Despite attempts to legislatively reform the pre-trial procedure for resolving disputes in cases arising from the vehicle insurance contract aimed at increasing guarantees of the rights of consumers of financial services, the judicial procedure for resolving such disputes does not lose its relevance. The judicial protection of the consumer financial services rights reveals the issue of court interpretation of legal texts, in particular, the rules of insurance and the vehicle insurance contract concluded by the consumer of financial services with the insurer. In the texts of such agreements, financial organizations specify the types of insurance events that do not fall under the signs of an insured event, which is the basis for compensation for damage caused. The correctness of the consideration and resolution of the dispute actually depends on the correct interpretation of these legal texts.https://www.shs-conferences.org/articles/shsconf/pdf/2021/05/shsconf_sps2020_04005.pdf
spellingShingle Egorova Olga
Vehicle insurance: prospects of judicial dispute resolution
SHS Web of Conferences
title Vehicle insurance: prospects of judicial dispute resolution
title_full Vehicle insurance: prospects of judicial dispute resolution
title_fullStr Vehicle insurance: prospects of judicial dispute resolution
title_full_unstemmed Vehicle insurance: prospects of judicial dispute resolution
title_short Vehicle insurance: prospects of judicial dispute resolution
title_sort vehicle insurance prospects of judicial dispute resolution
url https://www.shs-conferences.org/articles/shsconf/pdf/2021/05/shsconf_sps2020_04005.pdf
work_keys_str_mv AT egorovaolga vehicleinsuranceprospectsofjudicialdisputeresolution