Soat: the most common accidents and what this insurance covers | my finances
In order to damage enough to the high evasion and fraud in the Compulsory Traffic Accident Insurance (Soat), the Government prepares a thorough surgery to attack this scourge, which guarantees the sustainability of this model. (The changes that the Soat will have in 2023 to correct its gaps). After the 50% discount of this policy for some vehicles enters into force, the authorities will analyze how to make this model more viable and guarantee coverage and also its financing. According to official calculations, insurers, of every 100 pesos they receive, extend 52% every two months to the Directorate to support…
