This Thursday, the Financial Superintendency released the draft of what would be the new prices for Mandatory Traffic Accident Insurance (Soat) that would be managed by 2025 in Colombia.
This insurance is, as its name says, mandatory for all drivers in the country, since “protects bodily harm caused to people in traffic accidents”as explained by the surveillance entity.
(You may be interested: Chinese car subcontractor BYD denies accusations of slavery in Brazil).
It is worth mentioning that the Superfinanciera is in charge of setting the rate limits that can be charged to drivers for this insurance on an annual basis. Under this order of ideas, it published a draft external circular this December 22 that aims to update prices starting in January 2025.
Soat
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The highest Soat rate would be for cargo vehicles with a capacity of more than 15 tons, as they would have to pay up to 1,060,000 pesos; On the other hand, the lowest price would be for mopeds, with 76,200 pesos.
*The following values do not include the 52% contribution to the ADRES or the RUNT rate.
Soat for motorcycles
– Moped: $76,200
– Less than 100 cc: $158,800
– From 100 and up to 200 cc: $213,300
– More than 200 cc: $497,100
– Motorcycles, tricycles and quadricycles: $240,600
– 5 passenger motorcycle: $240,600.
(You may be interested: Asopartes accompanies new regulations for motorcycles in 2025).
Soat for campers and trucks
– Less than 1,500 cc: $517,800 (if it is between zero and nine years old) – $622,700 (if it is more than 10 years old).
– Between 1,500 and 2,500 cc: $618,500 (if it is between zero and nine years old) – $733,000 (if it is more than 10 years old).
– More than 2,500 cc: $725,800 (if it is between zero and nine years old) – 833,000 (if it is more than 10 years old).
Soat for cargo and mixed vehicles
– Less than 5 tons: $580,400
– Between 5 and 15 tons: $838,600
– More than 15 tons: $1,060,800.
(Read also: What should you do if you are involved in a traffic accident? This is how you should act.)
Soat for special official vehicles and ambulances
– Less than 1,500 cc: $653,200
– Between 1,500 and 2,500 cc: $823,900
– More than 2,500 cc: $987,900.
Soat
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Soat for family cars
– Less than 1,500 cc: $291,400 (if it is between zero and nine years old) – $386,900 (if it is more than 10 years old).
– Between 1,500 and 2,500 cc: $355,200 (if it is between zero and nine years old) – $442,200 (if it is more than 10 years old).
– More than 2,500 cc: $415,100 (if it is between zero and nine years old) – $492,600 (if it is more than 10 years old).
(You can read: This is how CDAV studies the causes of accidents and fines in Valle del Cauca).
Soat for private vehicles for 6 or more passengers
– Less than 2,500 cc: $520,800 (if it is between zero and nine years old) – $665,100 (if it is more than 10 years old).
– 2,500 cc or more: $697,600 (if it is between zero and nine years old) – $837,900 (if it is more than 10 years old).
Soat for business cars, taxis and urban minibuses
– Less than 1,500 cc: $174,900 (if it is between zero and nine years old) – $218,700 (if it is more than 10 years old).
– Between 1,500 and 2,500 cc: $217,500 (if it is between zero and nine years old) – $269,000 (if it is more than 10 years old).
– More than 2,500 cc: $280,900 (if it is between zero and nine years old) – $329,700 (if it is more than 10 years old).
Soat for urban public service, buses and minibuses
– Single rate: $419,700.
Soat for intermunicipal public service
– Less than 10 passengers: $414,900
– 10 or more passengers: $602,400.
The above draft prices “They do not include 52% as a contribution to the ADRES (article 3 Law 2161 of 2021), nor the Runt rate“said the Superfinanciera.
PORTFOLIO
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