Moto insurance in Panama - minimum coverage 1yr???
 

Fellow bikers,

I've just arrived in Panama, waiting for the bike to arrive by container from Cartagena.

Today I shopped around for 3rd party insurance. I went to 5 companies. All said that the minimum period for coverage is 1 year. Apparently there was a rule change in 2015. Before this date it was possible to have coverage for one month for around $15.

For 3rd party coverage, 1 yr, the price ranges from $62 to $225.

Companies such as Sura and Mapfe no longer offer insurance for motos (to risky / unprofitable).

Before buying, I was wondering what other riders have recently paid.

Cheers,

Bob

Since we rode in from Costa Rica I bought insurance at a little office at the border in November 2015. I can't remember the details except it was very cheap and there wasn't a phone number on the policy so I wasn't sure who I was supposed to call if I needed to use it! I'm sure it was for much less than a year.


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