Why Has Doubled The Price of Compulsory Insurance?



Starting this month, the Mandatory Personal Accident Insurance (SOAP) will double in value over last year by the greatest coverage introduced in the law. This was estimated by the Superintendent of Securities and Insurance, Alejandro Ferreiro, and the president of the Chilean Association of Insurers, Mikel Uriarte, with an estimated value amounts range between $ 10,000 and $ 12,500. Read the rest of this entry »

Compulsory Third Party Car Insurance

Despite public enthusiasm for compulsory third party car insurance, premiums currently horny by insurers surveillance unlikely to discourage bad driving or price teenage drivers out of forcible cars. The numbers come to substratum Transport Minister Steven Joyce ‘ s picture that compulsory insurance would not cut Au courant Zealand ‘ s crash tax, but a closer review paints a altered picture. Read the rest of this entry »