Marchamo payments begin this week
The National Insurance Institute (INS) announced Monday that drivers can now check the agency’s website to find out how much the mandatory vehicle circulation permit, known as the marchamo, will cost.
Also, this year the Insurance Superintendency approved a 9 percent hike for private vehicles and a 24 percent increase for motorcycles.
Vehicle owners will have to pay ₡17,374 ($34.75) for ₡6 million ($12,000) coverage, and motorcycle owners will pay between ₡60,000 ($120) and ₡78,000 ($156), depending on the coverage amount.
The deadline to pay the marchamo is Dec. 31.
An estimated 1.1 million drivers must pay the circulation permit this year, according to Eduardo Fernández, director of the Solidarity Insurance Department at INS. In 2012, some 50,000 auto owners failed to pay the insurance.
To find out much you owe, see the INS website at: http://marchamo.ins-cr.com/Marchamo/Marchamo/Default.aspx
You may be interested
Another indigenous man killed in Costa Rica’s southern zoneVinicio Chacón / Semanario Universidad - February 25, 2020
On Monday night, Jhery Rivera, an indigenous Bröran de Térraba who was involved in one of four land recovery processes…
Costa Rica dismantles a trafficking network of Cuban migrantsAFP and The Tico Times - February 25, 2020
Costa Rican authorities dismantled on Tuesday a network dedicated to the trafficking of Cuban migrants entering from Panama and intending…
New app helping anglers and students fish smarter, not harderTodd Staley - February 24, 2020
Since man began taking fish from the ocean, they have used natural occurrences and eventually man-made technology to help them…