The end of the year is approaching and with it a series of adjustments such as the increase in the minimum wage and changes in the rate of the Compulsory Insurance for Traffic Accidents (Soat), which is established by a series of variables such as cylinder capacity, age and use of the vehicle.
(Read: Dollar in Colombia: has the price been overvalued? Experts give their opinion).
It should be remembered that not complying with this requirement can lead to fines. This insurance covers personal injuries, not material damage, that can be caused during road accidents.
Therefore, it is an item that cannot be overcome since it is necessary for the circulation of any vehicle. This is everything you need to know about insurance.
To know different data, such as the expiration date of the insurance, you can access the Runt website on the platform: https://www.runt.com.co/consultaCiudadana/#/consultaVehiculo
There you must fill in the data of the vehicle and the owner to be able to make the query.
Consequences for the expired Soat
Cars:
In the event that your insurance is expired, you are exposed to a fine of 30 daily legal minimum wages. This translates to a total of 30,00,000 in addition to the costs of immobilization.
(Also: Would there be an issue of Ecopetrol shares? This was said by the Minhacienda).
Motorcycles:
Motorcycles are also exposed to fines from Soat, which range:
Mopeds: $200,2000
Motorcycles with cylinder capacity less than 100 cc: $414,800
100 cc motorcycles: $556,500
2022 rates for cars and motorcycles
family vehicles
Less than 1,500 cc and less than 10 years: $368,800
Less than 1,500 cc and 10 years or more: $488,900
Between 1,500 cc and 2,500 cc and less than 10 years: $448,900
Between 1,500 cc and 2,500 cc and 10 years or older: $558,500
More than 2,500 cc and less than 10 years: $524,300
More than 2,500 cc and 10 years or more: $621,900
(Keep reading: The ‘squeeze’ to the banks to curb consumer loans).
For campers and trucks
Less than 1,500 cc and less than 10 years: $653,500
Less than 1,500 cc and 10 years or more: $785,600
Between 1,500 cc and 2,500 cc and less than 10 years: $780,400
Between 1,500 cc and 2,500 cc and 10 years or more: $924,300
More than 2,500 cc and less than 10 years: $915,200
More than 2,500 cc and 10 years or more: $1,050,200
motorcycles
Moped: $200,200
Motorcycles less than 100 cc: $414.80
Motorcycles between 100 and 200 cc: $556,500
Motorcycles over 200 cc: $627,600
Motocar, tricycle and quadricycle: $627,600
BRIEFCASE
