Tico motorists to pay 12 percent more for vehicle circulation permits
The Costa Rican Insurance Superintendency on Monday reported new prices motorists must pay for mandatory vehicle circulation permits, known as marchamos, for next year.
On average, this year’s prices are 12.4 percent higher than those approved for 2013, officials said at a press conference at the National Insurance Institute (INS) in San José.
Vehicle owners must pay ₡20,856 ($42), which is ₡3,482 ($7) more than last year, while motorcycle owners can choose from two types of coverage.
Those wanting ₡6 million ($12,000) coverage must pay ₡80,924 ($162), which is ₡2,777 ($5) more than they paid in 2012.
For ₡3.5 million ($7,000) coverage, motorcycle owners must pay ₡61,306 ($122), or ₡593 ($1.50) more than last year.
Representatives of motorcyclists joined INS Executive President Guillermo Constenla at the press conference in saying, “This year’s prices are fair.”
Last year, hundreds of bikers protested what they called an “excessive” hike. Those protests ended in a stalemate when Constenla refused to budge on the issue.
An estimated 1.2 million motorists must pay the circulation permit this year, according to the INS.
The deadline to pay the marchamo is Dec. 31. Those failing to pay by that deadline could be fined ₡47,000 ($94).
You may be interested
Central America begins ban to protect lobsterAFP and The Tico Times - February 27, 2021
Countries of Central America and the Dominican Republic on Monday will begin a ban to protect the Caribbean spiny lobster…
Costa Rica authorizes AstraZeneca vaccine against Covid-19The Tico Times - February 27, 2021
Costa Rican health authorities on Friday authorized the use of the AstraZeneca vaccine against Covid-19, based on the endorsement of…
Nearly 100 locations now offer antigen tests for travelers in Costa RicaAlejandro Zúñiga - February 26, 2021
Several countries, including the United States, require that returning travelers test negative for the coronavirus. More than 100 labs in…