Did you know that in Ecuador, only 17% of vehicles are insured?

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On the bustling roads of Ecuador, road safety is paramount. Unfortunately, traffic accidents are a harsh reality that can irreversibly impact lives. According to recent statistics, vehicle thefts in Ecuador have increased by 25% in the last year, and the death toll on roads remains alarmingly high, with an average of 20 fatalities per month.

As per data from the newspaper Primicias, in the first half of 2023 alone, there were 1,156 victims—a record high since 2019. Meanwhile, during the same period, there were 9,986 accidents, compared to 10,952 from January to June 2022 and over 12,000 in the same months of 2019. These are alarming figures, particularly considering the rise in crime rates in the last year, introducing new insecurities for your vehicle. Most of these events occurred without insurance coverage and responsibility of the event-causer.

Imagine Lucas’s story, an expatriate enjoying the beauty of Ecuador who was involved in an accident. One day, while driving towards the magnificent coastal landscapes, a reckless car collided with him. Stunned by the mishap, he watched as the responsible driver fled, leaving him with damages to his vehicle and injuries…continue reading

 

Carlos Ramirez

customerservice@blueboxinsurance.com

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