We provide a template to car policy in Colombia updated for 2022. Third party liability car indemnity is compulsory in Colombia and comprehensive examination policy for place damage or larceny is optional. besides, we besides look at how to file a claim .
not many foreigners living in Medellín own cars. About three years ago, I surveyed 200 foreigners living in Medellín and found that lone 18 percentage had cars. With the cheap Medellín metro organization, cheap buses and cheap taxis, a car international relations and security network ’ metric ton needed by most foreigners living in Medellín .
Most of the foreigners that have cars in the Medellín area tend to live in El Poblado ( particularly up the hills ) or far away from the city in places like Rionegro near the Medellín International Airport.

however, if you do have a car in Colombia it is crucial to understand car indemnity in Colombia, as it works differently than in other countries like the U.S .
We previously provided a steer to colombian health insurance. And we have received respective questions from Medellin Guru readers about car indemnity. so, we immediately provide a lead to colombian car policy .
Note the above photograph is a Renault Duster in Bogotá by Felipe Restrepo Acosta. This is typically one of the most popular models of cars sold in Colombia .
Chevrolet Spark - historically one of the most popular cars sold in Colombia, photo by IFCAR

Cars are Expensive in Colombia

Another reason not many foreigners have cars is that cars are expensive in Colombia .
Automobiles can be quite expensive in Colombia due to import duties of up to 35 percentage. reportedly over 60 percentage of the vehicles sold in Colombia are imported. sol, many models of cars sold in Colombia can be more expensive than in the U.S .
Colombia has a barren trade agreement with the U.S. that went into effect in 2012. The agreement is phasing out the import duty for vehicles over a 10-year time period but there are inactive spell duties .
Colombia has extra complimentary craft agreements with several other countries. These other agreements are besides phasing out import duties for automobiles. Over meter this will help reduce the costs for import vehicles sold in Colombia .
We included cars in our list of expensive things in Colombia for foreigners. besides, you have to factor in the monetary value of gasoline, taxes, care, park, driver licenses and indemnity when comparing having a car to not having a cable car. We have a branch article that looks at the downsides of owning a cable car in Colombia .

Auto Insurance in Colombia – SOAT Basic Coverage

Third party liability car insurance is compulsory in Colombia. This insurance is called Seguro Obligatorio de Accidentes de Tránsito ( SOAT ) .
This policy is required for all vehicles driving in Colombia or transiting through Colombia. This admit cars and motorcycles .
And SOAT is intended for victims of traffic accidents, including drivers, passengers and pedestrians. note that SOAT policy does NOT cover any property damage or damage to your vehicle or larceny .
In accession, all hospitals and clinics in Colombia are required to provide medical care though SOAT, careless if they are private or populace institutions .

More About SOAT

The Financial Superintendence of Colombia is responsible for establishing the rates and coverage of SOAT. To renew this compulsory policy, it is only necessary to make an annual requital, and the cost varies according to the type of vehicle and its old age .
This policy is relatively cheap. The monetary value in 2022 for a distinctive family car ranges from 368,800 to 621,900 pesos per year. And for a motorcycle the cost ranges from 200,000 to 627.600 pesos per year. You can see all the 2022 SOAT policy costs hera .
This policy covers accident expenses for victims. SOAT offers immediate medical attention to all those injured in a traffic accident : driver, passengers and pedestrians. It besides includes transfer to hospitals and medical or funeral expenses if required, arsenic well as compensation for cases of permanent disability .
In addition, SOAT is digital. The SOAT reception is delivered in digital format, making it easier for the driver to save it on a cell phone. And to keep your SOAT up to date, you can buy SOAT on-line and receive a acknowledge directly via electronic mail .
furthermore, the following are the maximum values that the SOAT covers at the time of a traffic accident ( updated for 2022 ) :

  • Medical, surgical, pharmaceutical and hospital expenses: Up to 800 times the daily minimum wage
  • Permanent disability: Up to 180 times the daily minimum wage
  • Death and funeral expenses: Up to 750 times the daily minimum wage
  • Transportation and mobilization expenses for the injured: 10 times the daily minimum wage

Auto Insurance in Colombia – Comprehensive Auto Insurance

There are multiple levels of comprehensive examination car indemnity available in Colombia beyond the basic SOAT coverage. For model, SURA has the follow levels of comprehensive examination policy :
Basic Autos Plan (Plan Autos Básico) – pays damages that are caused when you ( or the person to whom you lend the cover cable car ) are driving, and even when it is a different car than the one you insure, vitamin a long as you, your partner or your children ( under long time 25 ) are authorized to do so .
But this plan does not cover total or partial derivative loss due to theft or damage to your vehicle caused by person else .
Classic Autos Plan (Plan Autos Clásico) – The indemnity design adds to the basic design and provides coverage not only in the case in which you cause price to early people or property, but besides insures your cable car if you suffer an accident or are the victim of a larceny .
In addition, this authoritative plan covers legal expenses. besides, this plan includes a limited total of times ( six times per year ) where you can use a personal driver per year – when drinking alcohol or for checkup or particular visit, when you can ’ deoxythymidine monophosphate drive. In Colombia, the legal measure of alcohol allowed when drive is one cup of wine, for example .
furthermore, this design offers towing services if you experience a breakdown or have an accident. But towing is only to the nearest city .
Global Autos Plan (Plan Autos Global) – This policy plan adds to the classical plan and covers your fomite in case of accident or larceny. Compared to the classic plan, this coverage adds access to the SURA Auto Service Centers ( in Bogotá, Cali, Medellín and Pereira ), where at no extra cost SURA checks your car before a trip .
besides, this plan includes vehicle surrogate when your car is being repaired ( up to 20 days ). In addition, it includes key substitution in case your keys are lost. And it includes a personal driver ( 12 times per class ) for those moments that you choose to drink alcohol or for a aesculapian or particular visit, when you can ’ thymine drive .
In addition, with the global plan, it offers towing service. so, if you experience a dislocation or have an accident it will tow the vehicle to your family city compared to the authoritative plan that alone tows to the nearest city. besides, the global plan offers a lawyer at the scene of the accident .
Better Driver Plan (Plan Conduce Mejor) – this policy includes the coverage in the above three levels and it besides includes a discount on the reclamation of your car policy, according to your driving habits. This insurance includes other features including fomite chase and damages caused when you ride a bicycle .
In addition, you can see all these comprehensive car policy plans compared in contingent ( in Spanish ) on the SURA web site .
The basic flush indemnity entirely covers damages caused by you. And the classical coverage is more comprehensive examination and besides covers wrong to your vehicle caused by person else and besides larceny. The global and better driver insurance plans cover evening more but are more expensive.

Transit officers in Medellín, photo courtesy of Secretaria de Movilidad de Medellín

Filing a Claim

In the event of an accident, the Transit ( Tránsito ) should be contacted. The hand brake line is 123 and transit patrol is 127. These officers will provide an accident report that should be given to the indemnity company .
In addition, policy companies in Colombia will have a call center, which the see person can contact to report a dealings accident .
The follow documents are broadly required before any policy company will make payments in the consequence of wrong to a fomite :

  • Copy of the vehicle registration documents
  • Copy of the SOAT insurance
  • Copy of the ID of the driver
  • Copy of the driving license of the person driving the vehicle at the time of the accident
  • Copy of the accident report
  • Other relevant information (such as contacts of witnesses and photos)

besides, extra data may be required by the policy company .

How to Sign Up for Auto Insurance

It is possible to sign up for SOAT car policy yourself. basic SOAT coverage is sold at many places including at Exito and is even sold on-line and is relatively easy to sign up for .
There are many policy companies offering SOAT coverage including SURA, Seguros del Estado, AXA Colpatria, Seguros Mundial and Mapfre and the rates for SOAT are defined by the Financial Superintendence of Colombia .
In terms of compressive car indemnity, some of the larger insurance companies offing comprehensive examination car insurance include SURA, AXA Colpatria, Mapfre, and Allianz. But signing up for comprehensive examination car indemnity is in spanish and is more complicated than signing up for SOAT .
so, we recommend working with an insurance agent who is bilingual when signing up for comprehensive car policy .

Using an Insurance Agent to Obtain Auto Insurance in Colombia

Medellin Guru has partnered with an policy agent to offer car insurance and other indemnity products to foreigners and Colombians .
Auto Insurance in Colombia: Guide to Auto Insurance – 2022 Update
We partnered with Angela Berrio, who is a bilingual insurance agent who speaks English and Spanish. And she has many foreigner clients .
Features of this colombian indemnity service include :

  • Bilingual – English and Spanish.
  • Online quotes.
  • Free consultations.
  • Offers health insurance, auto insurance, homeowners insurance and life insurance.

Use the Medellin Guru Insurance Service
Over 237 Medellin Guru readers have obtained insurance in Colombia through our insurance agentive role partnership including health insurance, car insurance, homeowners insurance, life insurance and change of location insurance .
Angela ’ s company offers policy services to all foreigners and Colombians who need aid in their march of finding the best indemnity protection while living in Colombia. With over ten-spot years of have, they design the plan that best fits your needs allowing you to enjoy your biography overseas .
Angela is an independent indemnity agent but she prefers selling SURA policy since they offer the best coverage. besides, she believes that SURA has the best secret clinics in Colombia and is the most solution health policy supplier in the country .
Angela is based in Medellín but can sell indemnity throughout Colombia and even to clients oversea work via the earphone and electronic mail .
Our indemnity partnership is an affiliate relationship ( like the Amazon affiliate program ). If you use our colombian indemnity partner, Medellin Guru receives a humble mission and you support this web site. This is at no additional cost to you. The price remains the lapp, whether you use a button or affiliate link on this web site or not .

Medellin Guru’s Colombian Insurance and Healthcare Articles

The Medellin Guru web site has several popular articles about colombian policy and healthcare services :
besides, we plan to publish extra articles about insurance and healthcare in Colombia over the future several months .
Renault Sandero, another popular car model sold in Colombia, photo by order_242

The Bottom Line: Auto Insurance in Colombia

It is very significant to understand that the obligatory SOAT car insurance in Colombia only covers aesculapian attention to all those injured in a traffic accident including the driver, passengers and pedestrians. SOAT does not cover place damages or larceny .
I met one foreigner about a class ago who had a car and only had the obligatory SOAT insurance coverage. And he was in an accident that wasn ’ t his blame and his cable car was totaled. Since he didn ’ t have comprehensive indemnity that covered his car and the driver of the early cable car alone had SOAT and no assets to go after, he had to buy a new car .
so, it is crucial if you have a car in Colombia to get more comprehensive insurance than the identical basic SOAT coverage. And we highly recommend getting comprehensive car insurance that covers property damage caused by you and damage to your vehicle caused by person else and besides larceny .
besides, we have a comprehensive examination usher to getting a drivers license in Colombia .
In less than 16 months of offering insurance services, over 237 Medellin Guru readers have obtained insurance in Colombia through our indemnity agent partnership including health indemnity, car policy, homeowners indemnity, liveliness insurance and travel indemnity .
Use the Medellin Guru Insurance Service
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Editors note : updated on February 3, 2022 with current information about SOAT car indemnity and node numbers.

Editor note : updated on March 10, 2022 with update node numbers .
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