Thursday, 3 December 2020

Mandatorry vehicle insurance (SOA) will drop 6.1% on average

QCOSTARICA – The mandatory vehicle insurance – Seguro Obligatorio de los Vehículos (SOA), one of the components that are part of the Marchamo, will have an average reduction of 6.1% for 2021.

The General Superintendency of Insurance (Sugese) confirmed the reduction this Tuesday, based on calculations by the Instituto Nacional de Seguros (INS) – the State insurer.

- Advertisement -

According to the insurance superintendent, Tomás Soley, there were at least 30% fewer accidents to September of this year, in relation to the same period last year, warranting a reduction in the rates.

As of September, a total of 17,285 accidents had been claimed. For the same period in 2018, the figure was 24,586.

Also, the number of traffic deaths and injuries were down this year, 125 (to the end of September), compared to 190 for the same period last year; 19,489 injured this year to 27,840.

These will be the rates according to the type of vehicle:

- Advertisement -

As shown in the above chart, owners of automobiles will see a drop of 3.7%; the biggest drop in insurance rates is on light trucks (13.8% and buses (16.44%).

According to the Sugese, the maximum coverage of ¢6 million colones per person is maintained for all categories of vehicles, which could double in special cases such as minors or depending on the degree of partial or total disability that occurred.

The drop insurance rates will further decrease the cost of the 2021 Marchamo if legislators approve a reduction that is expected to be voted on later today.

- Advertisement -
Ricohttp://www.theqmedia.com
"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

Have you paid yours yet? 2.4% of vehicle owners have already paid their Marchamo

QCOSTARICA - According to the Instituto Nacional de Seguros (INS), in...

2021 Marchamo collection is on!

QCOSTARICA - At 2:00 pm this Monday, the owners of more...

MOST READ

Covid-19 in Costa Rica: new daily dases drop dramatically; hospitalizations way up

QCOSTARICA - For three consecutive days, the numbers of new cases has been below 1,000 daily, on Tuesday, December 1, the Ministry of Health...

PAHO urges countries not to require covid-19 tests from travelers

QCOSTARICA - The Pan American Health Organization (PAHO) urged countries not to require covid-19 tests from travelers, insisting that they give a 'false sense...

“We are already in a second waveof COVID-19 infections”

QCOSTARICA - The president of the Caja Costarricense de Seguro Social (CCSS) - Social Security-, Román Macaya, assured this Wednesday that the country is...

Low-cost airline Wingo resumes flights between Bogotá and San José de Costa Rica

QCOSTARICA TRAVEL - Wingo, the Colombian-flag low-cost airline, announced that it will resume its direct flights between Bogotá (BOG) and San José (SJO), with...

Aresep prepares a rate to allow households to pre-pay for electricity

QCOSTARICA - The Regulatory Authority of Public Services (Aresep) announced this Wednesday that it plans to introduce prepaid electricity applicable to the residential sector. With...

Call for a Redoubled Commitment to Eradicating the “Shadow Pandemic” of Violence against Women and Girls in the Region

QREPORTS (ECLAC) - Latin America and the Caribbean has been a pioneer in forging a Regional Gender Agenda since 1977, but it should not...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

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.