Welcome to Kevin Bradley - Insurance in Panama
Saturday, April 21 2018 @ 11:50 AM EDT

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How much $$$ is my Car Worth?

Automobile InsuranceAlthough most vehicles sold in Panama do NOT have US specs, you must still consider the import duties when assigning an agreed value to your automobile.

Visit these sites to get an idea of the current value of your vehicle. I use 33102 (Miami) as a Zip Code.

To obtain a custom designed quote after you calculate the $$$ value of your vehicle, email us or call.....Kevin 6674-1063
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Panama Auto policy must be kept in your vehicle!

Automobile Insurance According to a local news source: "Beginning in February, police and traffic inspectors will be testing a technological program to verify the status of a car’s insurance policy and soon reporting an accident will be automated. Traffic cops will enter the license plate number into a mobile unit and the system will indicate if the car has a VALID policy something that is mandatory by law. If the car does not have a current policy it will be TOWED".

Based on article 236-A of the Panama traffic regulations, from April 3, 2017 the ATTT, be warned that if you do not have your insurance policy in the vehicle and are involved in an accident, they will impose the fine of 100 dollars. For a routine traffic stop, failure to produce a current policy can result in a fine of 50 dollars. Both infractions may result in towing/removal of the vehicle. Please check that you have a current automobile policy in your vehicle!

Lately, I have experienced delays receiving policies from various insurance companies, but we are trying to keep on top of the problem. Please check the renewal dates and call your broker to obtain a current copy of your automobile policy.

Remember to check the "fecha de Vencimento" of your drivers license, Panama Auto Insurance is not valid while driving with an EXPIRED drivers license!

* Kevin = kevin.bradley@unityducruet.com 6674-1063 cel. 322-1605 direct
* Carmen = New Policies/quotes (Speaks/Writes perfect English) maria.dunkley@unityducruet.com 6613-1063 cel. 322-1605 direct

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Panama safety "Get out of a sinking car"!

Automobile Insurancehttp://themindunleashed.com/2017/03/easiest-way-escape-sinking-vehicle-knowing-might-save-life-day.html
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Panama Auto Insurance

Automobile InsuranceIn Panama Auto policies, the "Liability" or "Responsabilidad Civil" portion protects you for damage that your car does to others…damage for which you are legally liable. This coverage pays for bodily injury that you may cause to other persons, as well as, legal defense, cost of bail bonds, and emergency first aid to others.

RC also pays for property damage that you may cause to other vehicles, structures (light post, fences, houses etc.) up to the limits of coverage.

I recommend that my clients carry minimum limits of $25,000 per person that you may injure, $50,000 per accident (you may cause injury to several people) and $25,000 property damage (try not to hit a BMW, Audi or Mercedes) = $25/$50/$25.

My auto limits are $100,000/$300,000/$100,000 limits.

Generally, there are no deductibles associated with "liability" claims.


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Are you driving illegally in Panama? Do you lend your vehicle to friends or family?

Automobile InsuranceSeveral insurance clients have communicated to me that the Panama Transito police have stopped them for an infraction or at one of the frequent roadblocks and asked them to provide various documents. In some cases, such as failure to produce a "valid" drivers license, the vehicle was impounded!

Are you driving with a "valid drivers license?

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Auto Accident in Panama?

Automobile InsuranceStanding in the middle of the road under the blazing sun or in pouring rain, horns beeping, traffic backing up.......all because you have just had a collision on the streets of Panama! BE PREPARED!

Here the basic procedures to follow after an automobile accident in the Republic of Panama. Based on my experience, interviews with Transito Police and Insurance Company Claims Adjusters, I would like to pass on the following suggestions.

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Texting while Driving Killing More teenagers than DUI

Automobile InsuranceAccording to Angel Reyes, III, of RB&R:

Texting while driving now kills more teenagers than driving while intoxicated. Over 3,000 teens died in 2013 while they tried to send a text message when they were behind the wheel of a car. Approximately 2,700 teenagers died as the result of driving while intoxicated.

The Centers for Disease Control recently conducted a study, in which almost half of teenagers admitted to texting while driving.

Teens who admitted to sending and receiving text messages while behind the wheel also reported engaging in other risky behaviors as well. This includes driving under the influence of alcohol. Teenagers who texted while driving were five times more likely than others to drive after drinking. Young people engaging in the risky behavior were also found to be more likely to not wear seat belts.

In 2011, at least 23 percent of automobile accidents involved cell phones, totaling 1.3 million auto accidents over the course of a single year.

Teenagers are often more...
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Panama "Roadside Assistance" Stickers!

Automobile InsuranceMost every company issuing auto insurance in Panama offers emergency roadside attention for accidents and breakdowns.

The purpose of this article is to remind everyone who drives in our very "special" traffic to put the Roadside Assistance stickers on their windshields. If you suffer a mechanical breakdown, flat tire or collision. With the emergency Tel number easily in view, a call to your insurance company's "asistencia vial" service will bring help. Be sure to keep a copy of your auto policy in the vehicle, the company operator will ask for the policy number.

READ MORE and print this article!

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Panama Auto Ins. How to Apply?

Automobile InsuranceWe can cover your new car before you put the key in the ignition! In order to issue an automobile insurance policy, we will need the following information:

1. Year, make, model and $$$ value of vehicle-if you wish full coverage (Proforma Invoice helps).
2. Name of insured (Owner) and additional drivers? Is the policy to be issued in your name or that of a Corp. or Foundation?
3. Car registration, Copy of Passport, Ced, Divers license and residence address.
4. Tel #, Cel#, email address?
5. Vehicle inspection (at our office or ins. company), if it is a used auto. No inspection necessary if vehicle is new.

¨Persona Natural¨ form (if property is in your name) or Persona Juridica form (completed by legal rep. of Corp.). This is an "anti money laundering" form required for every Panama policy with over $300 premium (more bureaucratic BS that must be kept on file in our office) Fill in the sections identified as ¨Datos Generales¨ and ¨Datos Ocupacionales¨ and sign where it says ¨Firma del Cliente¨. We will be glad to help you complete in the form.

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Quoting Panama Auto Insurance

Automobile InsuranceIn order to obtain a TENTATIVE quote for automobile insurance here in Panama, we will need the following information:

Make, model, year, current $$$ value of the vehicle, name, passport/cedula number, date of birth of the owner.
Do any of the driver's have a Panamanian driver's license? NEW CAR? If you have a proforma invoice....we can cover before you put the key in the ignition!

From this basic information, we should be able to send a quote by email or telephone. Carmen 322-1605 cdunkley@ducruet.com