Financial Consultancy made arrangements Compulsory Traffic Accident Insurance (Soat) maximum ratesIt will be valid for policies issued in 2024.
According to the organization, The rates applied to vehicle categories within the scope of the 50 percent discount are expected to increase by approximately 10.97 percent.It corresponds to the annual change of the Tax Value Unit (UVT).
(
The increase in Soat price in other tariff categories will be 18.4 percentIt was established to ensure that the available resources are statistically sufficient for the care of traffic accident victims, the operation of the branch and the transfers determined by law.
superfinancial He said these increases were the result of a periodic review of the technical and financial conditions of the insurance, which made it possible to determine Soat’s adequacy percentage.
In this sense, the increases are mainly explained by the behavior of consumers. Estimated cost of care for people injured in traffic accidentsthe number of insured traffic accidents and the composition of the insured vehicle fleet.
According to the information published by Superfinanciera, The sot of a motorcycle between 100 and 200 cubic centimeters will cost 308,500 pesosThe cost of a family vehicle less than 10 years old will be 487,500 pesos.
For The price of a taxi Soat under 10 years old will be 253 thousand 300 pesosBecause a 50 percent discount is applied to the policy price.
The same goes for buses and minibuses, which will have to pay 605,000 pesos for this compulsory insurance.
To determine the new Soat rates, Superfinanciera took into account: Insured vehicle fleet has increased in the last yearThe number of policies increased from approximately 9.2 million to 9.7 million, especially in the vehicle categories where the biggest increase in damage rates was observed.
By 2024, it is expected that 53 percent of the vehicle fleet insured by Soat will be concentrated in these categories.
Also, frequency should be understood as: Number of people affected by traffic accidents per 100 Soat policies exposed -, It increased from 9.64 percent in 2022 to 7.34 percent in 2023, indicating a decrease of 2.3 percent.
Forecasts show that this figure will reach 8.12 percent in 2024 as a result of changes in the composition of the vehicle fleet.
(
The severity indicator, defined as the average value of medical expenses and claims paid to Soat, showed an increase of 16 percent in 2023 compared to 2022.
It is estimated that violence will cost close to 3.2 million pesos by 2024This represents a decrease of approximately 400,000 pesos, which is mainly explained by the decrease in insurers’ coverage of medical expenses and the change in the indexation unit of Soat coverage.
While privately insured vehicles for gasoline grew by 15 percent on average between 2020 and 2022, there was a 170 percent growth in electric vehicles, and the discounts were also reflected in Soat resources.
In this context, Superfinanciera also announced the following for the current financial year: Adjusts methodology to include estimated impacts on insurance premiums.
Source: Exame
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
