Sunday 19 September 2021

INS To Invest US$12 Million In Vehicle Evaluation Centers

Founded in 1924, the Instituto Nacional de Seguros (INS) operated as a state-owned monopoly until 2008, when Costa Rica's insurance market was opened up.

Paying the bills


Athleta women’s brand opened its first store outside North America in Costa Rica

QCOSTARICA - Gap Inc.'s Athleta brand announced the opening...

Carlos Alvarado: Vaccine retention ‘delays global solution and increases risk of new virus variables’

QCOSTARICA - Costa Rica President Carlos Alvarado showed his...

Top 8 Ways To Make Money in 2021

There are many legal ways to make money in...

Otto Guevara compares Daniel Salas with a dictator for sanitary measures

QCOSTARICA - The vehicle restriction of odds and evens...

Today’s Vehicle Restriction September 19: “EVEN” ending plates CANNOT circulate

QCOSTARICA - For today, September 19, vehicles with EVEN...

What are we celebrating?

QCOSTARICA - From the gallows humor department is the...

Sala IV rejects covid patient’s claim for Caja to pay the cost of a private hospital

QCOSTARICA - A claim made by a family against...
Paying the bills


The state insurer, the Instituto Nacional de Seguros (INS) says it plans to invest just over US$12 million in the construction of nine workshops in different areas of the country to review and evaluate insured vehicle for repairs.

Founded in 1924, the Instituto Nacional de Seguros (INS) operated as a state-owned monopoly until 2008, when Costa Rica’s insurance market was opened up.

The cost of the nine workshops, called Red de Centros de Inspección de Daños (CID) – Damage Inspection Centers Network – will be built in different parts of the country.

- Advertisement -

In the Greater Metropolitan Area of San Jose (GAM) they will be in Pavas, Curridabat, Alajuela, Heredia and Cartago. Around the country, workshops will be located in Liberia (Guanacaste), Perez Zeledon, Esparza (Puntarenas) and Guapiles (Limon).

The INS says the decision follows a report by the “Estudio de Capacidad para Reapertura de Rampas de Valoración” done in June 2016.

The study called for 20 centers, however, the Contraloria General de Republica (CGR) – Comptroller’s Office – only authorized nine.

The INS explained construction will be of prefabricated modules and contracts will be “turnkey”, the winning bidders responsible for the design, construction, equipment and including obtaining all permits from the relevant authorities.

The winning contract must also deliver all the buildings simultaneously for a probably complete date of June 30, 2018, according to the INS.

However, the project may suffer delays given that the INS has to still acquire land in Alajuela, Cartago, Heredia and Guanacaste.

- Advertisement -

The INS is an autonomous institution. Created in October 30, 1924 with the aim of meeting the protection needs of Costa Rican society. In addition to selling insurance, it has managed the Fire Department, health services and has joined a network of medical facilities throughout the country.

For 84 years the INS had a monopoly on all insurance in the country. In 2008, President Oscar Arias signed into law a bill opening the country´s insurance industry to private competition.

Today, the INS continues as a state insurer. In addition to providing insurance coverage, it is also mandate to provide the obligatory insurance and the collection of the annual vehicular circulation permit, the Marchamo.

- Advertisement -
Paying the bills
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

500 Intel drones illuminated the night of celebration of the Bicentennial of Costa Rica

QCOSTARICA - During the celebration of the Bicentennial of Independence Wednesday...

Legislator proposes the creation of an updated registry of pedophiles

QCOSTARICA - With the intention of protecting minors, a bill proposed...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.