Mechanisms for Compensation of Damage

Since 2013, insurance of liability of carriers to passengers in Russia is carried out without fail, what guarantees compensation for harm caused to passengers. The legislative base allows compensation for harm to the victims to guarantee, and also transfers issues of risk reduction from the passengers themselves (as it was earlier) to those who provide transportation services. The mechanism of insurance protection of interests of persons transported by intraurban and intercity transportation is studied in the paper. It was determined by the authors that this mechanism allows, in addition to compensation for damage, to increase the investment attractiveness of the transport sector. The statistical aspects of this type of insurance are investigated. Risky circumstances which cause growing unprofitability of compulsory insurance of carriers' liability to passengers have been identified. As such, the indicators of crush rate on the roads of Russia, the condition of the fleet, the qualifications of drivers and other factors have been studied. A decrease in the share of insured objects, despite the increase in the number of license holders for passenger transportation, was noted. The largest number of accidents falls on bus transport. The problematic aspects that reduce the effectiveness of the implementation of this mechanism are studied. Measures have been identified that will help to eliminate a number of problems in this type of insurance and increase the degree of protection of passengers.