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July 20, 2024
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Quálitas increases its accident rate due to car theft

Quálitas increases its accident rate due to car theft

The accident rate for the second quarter of this year reflects “the stabilization of the frequency of accidents, but also a 3.2% increase in vehicle thefts, in line with what is expected during election periods,” the firm said in its quarterly report.

The cost of accidents was 9.9 billion pesos, 18% more than last year.

The insurer, which is the largest in the country by number of insured vehicles, achieved premiums of 15.424 billion pesos, which represented an increase of 28% compared to last year.

With this figure, Quálitas insures 5.6 million units in Mexico, the United States, Costa Rica, El Salvador, and Peru.



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