This Friday, December 2, the Ministry of Finance and Credit announced the changes that will accompany the discount of Compulsory Traffic Accident Insurance (Soat)for motorcycles with a displacement of less than 200 cc, business cars, taxis and urban minibuses, urban public service, buses and minibuses and inter-municipal public service vehicles, as part of the recent announcements by the Government to halve the rate for these users.
(See: ABC to understand how the reduction of the Soat payment will work).
In the document, the first article change the protection and amount of the Soat for the aforementioned categories, reducing coverage from 800 daily minimum wages to 300. For example, currently a person who incurs a traffic accident is entitled to medical services due to the accident for up to $26,666,400 (taking into account that the value of the minimum wage is $33,333), but with this change, the coverage would drop to $9,999,900.
Among the arguments, the Ministry of Finance assures that this determination seeks not only to reduce evasion, but also to guarantee the operation of the insurance companies that work in this field and Make your work financially viable.
The measure also seeks to reduce the amount of fraudulent claims, one of the main scourges of Soat, since there are mafias dedicated to simulating accidents or passing claims from other types of accidents, passing them off as if they had occurred in a traffic accident.
(See: The fines and penalties that you risk for expired Soat).
In addition, according to the draft regulation, when the costs of medical care exceed almost $10,000,000, after exceeding 300 current legal daily minimum wages ($9,999,900) and up to 800 current legal daily minimum wages ($26,666,400 ), neither the Soat insurance companies, nor theThe health promoting entities (EPS) will cover the expenses, and they will be recognized by what is described in Literal B of Numeral 4 of article 199 of the Organic Statute of the Financial System.
This indicates that, once the limit of coverage of medical, surgical, pharmaceutical and hospital expenses, granted by the insurance companies or Fonsat, is exhausted, care for polytraumatized victims of traffic accidents or their rehabilitation, the money will come from the Compulsory Traffic Accident Insurance Fund (Fonsat).
This is a special account of the Nation, with patrimonial, administrative, accounting and statistical independence, for purposes of public interest, for the payment of claims caused by unidentified or uninsured vehicles and as a support instrument for the Emergency Care Network of the National Health System.
These changes would then come hand in hand with settings in the new differing rangeessential of prices of the Soat, which will be determined by the Financial Superintendence, which will calculate the maximum rate of the Soat for these vehicles.
In addition, it must not be forgotten that although this decree would come into force on December 15, by law the price of Soat must be adjusted to an increase in the minimum wage, which on average would be around 13.5% (unofficial). , and on that it would be necessary to adjust the accounts, including the amount that the government will subsidize, once the Superfinanciera calculates the updated rate.
(See: Will they be able to circulate with expired Soat?: this is what Mintransporte proposes).
Good behavior discount
However, since the purpose of the law is to promote, at the same time, good behavior on the roads, this will be rewarded with a reduction in the price of Soat of 10%.
Soat.
“The owners of the vehicles that register good road behavior for not reporting accidents that affect the Soat policy, and having renewed their policy in a timely manner, defined as the renewal of the policy before its expiration, will be entitled to a reduction in the insurance value“, He says.
(See: Soat 2022: What is the price to pay if it expired this year?).
It is also worth clarifying that This measure will be applicable to owners of vehicles that have had a good behavior during the years 2020 and 2021, with which the discount will be applied to the premium that applies during 2022, and will in no way affect the value of the contribution to the Adres.
PAULA GALEANO BALAGUERA
Journalist Portfolio
