Back in October of 1924, the National Insurance Company (INS) was created. They operated as a monopoly until 2010 when the insurance market was opened to allow for competition. As a result, the government created SUGESE, the entity in charge of regulating and supervising the insurance industry in Costa Rica.
COSEVI has granted a moratorium of one month for vehicle owners whose inspection is due between May and June. This is applicable to vehicles with plates ending in 5 and 6. Thus, those who have to go in May will have time until June and those who have to go
According to Costa Rica’s Treasury Department, the owners of more than 2.3 million vehicles will pay an average of 7.76% less for vehicle ownership tax in the annual vehicle license collection for 2019. It is expected that a total of ¢175 billion colones be collected with this tax. Starting November