Go tell the cops..
Securing actual coverage from your insurance in cas of an accident is only half the problem (even if the most important). You also need to clear the police checkpoints. The Russian cops may or may not know about the green card, and they may not care. If they say that green paper that they can't even read is worthless, then you're up for a bribe, no matter what the law says.
A Russian insurance will always get you through (well.. unless you're pulled over by actual thugs, but that's another issue).
Laurent
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