Expat Community > Ecuador

icemeister
Joined 2012
Posts: 267

Car Insurance

11 years ago

SOAT is the basic liability insurance necessary for registering a car, but I'm trying to get a handle on what to do about car insurance beyond that...like comprehensive fire & theft, collision, etc.

I have a small used car that I bought recently here in Guayaquil and would like to at least get coverage for loss due to theft. This would be similar to comprehensive in the US.

Collision coverage, I've been told by a local, isn't worth it because so much isn't actually covered and body shops are relatively cheap...so if that's true I'd probably pass on that.

Any helpful comments, experiences or recommendations?

Charlie B

SJB Global

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SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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Expat Community > Ecuador

Car Insurance

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