There are 1.7 motorcycles for every car in Colombia, but 97.1% do not have mandatory insurance
Portafolio Journalist 03.30.2026 14:28 Updated: 03.30.2026 14:28
TL;DR
- Approximately 13 million motorcycles are registered in Colombia, representing 63% of the motor vehicle fleet.
- There are about 1.7 motorcycles for every vehicle in Colombia.
- Bogotá, Sabaneta, and Envigado have the highest number of registered motorcycles.
- Fatalities among motorcyclists increased by about 9% by November 2025 compared to the previous year.
- Over 1.1 million new motorcycles were registered in 2025.
- Only 2.9% of motorcycles have voluntary insurance, while about 60% may not have valid SOAT.
- Aseguradora Solidaria launched SoliMoteros, a voluntary insurance product with three plans: Basic, Plus, and Elite.
- The new insurance offers benefits like zero deductible for civil liability, coverage for lost keys, flat tires, and full replacement for total loss.
- SOAT only covers medical attention for victims, not material damages or the motorcyclist's assets.
- Protecting motorcyclists' assets and reducing the impact of high accident rates are crucial economic issues.