Costa Rica: Mandatory Auto Insurance to Raise 16%The price of compulsory auto insurance in Costa Rica will raise from $23.65 to $27.51.Tuesday, November 10, 2009
Motorcycle insurance will remain mostly unchanged (0.78% increase), whereas buses will pay considerably less (57%). Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Road Accidents Affect Car Sales in NicaraguaJanuary 2017 The union of dealers attributed the slowdown in sales of compact cars to increased traffic accidents and the consequent increase in the cost of insurance. Demonopolization of Mandatory Auto InsuranceJanuary 2015 The Superintendency of Insurance in Costa Rica is planning to start the process of opening up the market for compulsory automobile insurance in the first quarter. Costa Rica: 3 Car Insurers Offer PoliciesNovember 2010 As of December 1st Assa, Mapfre and the INS will compete for the auto insurance market. Costa Rica: Competition for Obligatory InsuranceOctober 2010 Starting January 2011 the market opens for obligatory car insurance and work injuries.
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