Local June 15, 2025 - 12:00 pm

How can drivers ensure they are receiving adequate coverage under the new regulations?

With the entry into force of Resolution 05-2025, the Dominican Republic’s Insurance Superintendency has implemented a historic reform to mandatory vehicle insurance, the first since 2002. This update significantly increases the minimum coverage amounts per claim, which now reach up to RD$2,000,000, depending on the type of vehicle.

The regulations also adjust minimum premiums, incorporating differentiated surcharges based on engine power, vehicle use (private, public, or commercial), and other risk factors.

For example, private cars with up to four cylinders will see their accident coverage increase from RD$200,000 to RD$1,000,000, while the minimum premium increases from RD$1,175 to RD$2,750. For public buses, the minimum premium increases from RD$4,052 to RD$17,078, in line with the new coverage limit of RD$2,000,000.

How can drivers ensure they are protected?

The Superintendency recommends that vehicle owners:

• Review your current policy to verify that your coverage amounts align with the new minimums.
• Check with your insurer to ensure your premium accurately reflects the type of vehicle, its intended use, and engine power.
• Request an update or renewal of your policy if it was issued before July 1, 2025, the effective date of the new resolution.
• Demand transparency in the charges applied, as regulations prohibit additional fees beyond the corresponding taxes.

The reform also includes economic sanctions for insurers that issue policies with coverage lower than established or charge premiums below what is stipulated by law.