One month after implementing the discount benefit of close to 50 percent in the cost of the Compulsory Traffic Accident Insurance (Soat) for 14 categories of vehicles, the expedition of this has grown by 48 percent. This was revealed by the Federation of Colombian Insurers (Fasecolda) when specifying that between December 19, 2022 and January 18 of this year, 1.3 million of these policies have been sold.

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The issue of Soat for motorcycles grew 104 percent in the same period, becoming the category that has accessed this insurance the most, going from 375,554 policies to 765,816 sold in November, when the measure was not yet in force.

As recalled, with the entry into force of the Decree 2497 Some 14 categories of vehicles, especially those classified as business and work vehicles, were covered with a 50 percent discount on the cost of said policy.

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“We see with satisfaction that citizens have responded positively to the measure of the National Government and insurance companies have followed its implementation. 2022 closed with 9.4 million vehicle owners with life-saving insurance, 348,150 more than at the end of 2021,» he said. David Colmenares, President of the Board of Directors of Fasecolda.

Bogotá led the Soat expedition in the last month with 272,681 policies placed and a growth of 27 percent. It is followed by Antioquia with 210,711 and a rise of 39 percent, Valle del Cauca with close to 169,000 and a growth of 64 percent.

The Caribbean region, which includes the departments of Atlántico, Córdoba, Bolívar, César, Magdalena, Sucre, and Guajira, registers a growth in shipping of 40 percent.

«On the road we are all protagonists, therefore, from the insurance industry, we call on citizens to have good behavior on the roads and continue to comply with the obligation to acquire the Soat to be protected, because here we play the role of our roads”, added Colmenares.