• Costa Rica Coffee Guide

Marchamo auto circulation permit fees go up for 2012

December 31, 2014

Obligatory year-end auto insurance will cost 43 percent more this year than in 2010, the Insurance Superintendency announced Tuesday. Fees are charged when motorists pay their annual marchamo, or circulation permit, which is due before Dec. 31.

Insurance Superintendency Director Javier Cascante said in a statement that the average cost for obligatory auto insurance increased from ₡16,509 ($33) to ₡23,650 ($57) this year at the request of the National Insurance Institute (INS).

“Many of the services provided by [INS’s] insurance policies, such as medical services in the case of an accident or death, and repair and collision services, increased in cost this year,” Cascante said. “The cost increase of the obligatory insurance policy was made to match price increases for other services.”

Cascante said the obligatory insurance would continue to cover up to ₡6 million ($12,000) in victims’ accident and medical costs. He said the average cost of the insurance had not increased in three years, while associated services such as medical costs had gone up.

The revenue from marchamo fees charged to some 1 million Costa Rican motorists is estimated at ₡128 billion ($257 million). Of that, 19 percent will be distributed to INS. Marchamos can be paid in person at banks or INS offices, or online at www.ins-cr-com.

To calculate marchamo fees, text the word “marchamo” and your license plate number to 1467 for an instant reply, go to www.ins-cr-com, or call 2243-9999 or 800-MARCHAM.

The cost of a marchamo varies according to a vehicle’s make and year. Newer vehicles carry higher fees.

You may be interested

¡Viva siempre la paz! Costa Rica celebrates army abolition with holiday weekend
Costa Rica
9 views
Costa Rica
9 views

¡Viva siempre la paz! Costa Rica celebrates army abolition with holiday weekend

Alejandro Zúñiga - November 27, 2020

Costa Ricans will enjoy a long weekend to end November as the country celebrates a national holiday in commemoration of…

PAHO urges countries not to require coronavirus tests from travelers
Latin America
1538 views
Latin America
1538 views

PAHO urges countries not to require coronavirus tests from travelers

AFP - November 27, 2020

The Pan American Health Organization (PAHO) urged countries not to require coronavirus tests from travelers, saying they give a "false…

Eta and Iota left 200 dead, millions in financial losses across Central America
Costa Rica
75 views
Costa Rica
75 views

Eta and Iota left 200 dead, millions in financial losses across Central America

AFP - November 27, 2020

Hurricanes Eta and Iota, which hit Central America this month, left at least 200 confirmed dead and as many missing,…