Owners of vehicles and motorcycles have been complaining regarding the difficulties in acquiring the Compulsory traffic accident insurance (Soat).
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This was confirmed by Miguel Gómez Martínez, president of the Federation of Colombian Insurers (Fasecolda) and I attribute it to the reduction of commissions to intermediaries.
“The law issued at the end of 2021 restricted commissions to a maximum of 5 percent. Many businesses no longer find it attractive. But in addition, with the financial crisis in the Soat branch, to reduce costs, they have concentrated the expedition in the physical points of sale of the companies and through the Internet pages,” Gómez told EL TIEMPO.
This situation began for the motorcyclists of the Atlantic coast and the west of the country, but has already moved to the capital of the countrywhere you might buy the policy at home or at service stations or authorized insurance brokers.
(Owner of the car must pay a photo fine even if another has committed an infraction).
Nowadays, in municipalities such as La Dorada, Caldas, or Florida, in Valle del Cauca, the Soat for a motorcycle is not available and owners must go to Manizales or Cali to look for insurance.
In addition to the ‘scarcity’ of Soat policies, users have also denounced scams through internet pages. Be careful as scammers use fake portals to redirect users to ‘official’ insurance pages.
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