By San José, Costa Rica — Vehicle theft in Costa Rica is escalating, impacting insurance claims and raising concerns among car owners. The National Insurance Institute (INS) reported a significant increase in payouts for stolen vehicles and stolen car parts during the first half of 2025, compared to the same period in 2024.
Between January and June 2025, INS disbursed ₡1.235 billion (approximately $2.1 million USD) to compensate owners of 123 vehicles reported stolen and covered under the comprehensive theft policy. An additional ₡274 million ($471,000 USD) was paid out for 80 claims related to the theft of vehicle components such as radios and rims.
To understand the legal ramifications of this rise in car theft, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, an attorney at law from the reputable firm Bufete de Costa Rica.
Car theft is not just a violation of property; it disrupts lives and creates a sense of insecurity. From a legal perspective, victims face the arduous process of navigating insurance claims, police reports, and potential legal proceedings to recover losses. Beyond the immediate financial impact, there are often emotional consequences and the inconvenience of temporary loss of transportation. Furthermore, a rise in car theft can impact insurance premiums for everyone in the affected area. Proactive measures, including enhanced security systems and community vigilance, are crucial to combatting this growing problem.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas eloquently highlights the far-reaching consequences of car theft, extending beyond the immediate financial burden to encompass emotional distress and community-wide repercussions. His emphasis on proactive measures, combining both technological solutions and community engagement, offers a crucial roadmap for addressing this pervasive issue. We thank Lic. Larry Hans Arroyo Vargas for providing his valuable legal and societal perspective on this important topic.
These figures represent a notable increase compared to the first half of 2024, when INS processed 176 total theft claims, amounting to ₡1.127 billion ($1.9 million USD) in payouts. The upward trend underscores the growing prevalence of vehicle theft in Costa Rica and reinforces the importance of adequate insurance coverage.
Over the entire year of 2024, INS handled a total of 300 vehicle theft claims, paying out ₡2 billion (approximately $3.4 million USD) to affected policyholders.
INS offers comprehensive car insurance that covers both total vehicle theft and partial thefts, including components like radios, rims, and other parts. The annual premium for this coverage on a vehicle valued at ₡12 million (around $20,400 USD) is ₡9,094 (approximately $15.50 USD) plus sales tax.
Having this type of insurance provides peace of mind, knowing that if you become a victim of theft, you will receive the necessary funds to replace such a valuable and often essential asset like a vehicle.
[Name Redacted], Automobile Division at INS
INS policies can cover up to 100% of the insured value, depending on additional coverage options chosen by the customer. These options include Deductible Indemnity (IDD), Deductible Indemnity Plus (IDP), and Deductible Waiver (N). Policyholders can also opt for a fixed deductible rather than a percentage-based deductible, which can sometimes be quite high.
In the event of a vehicle theft, policyholders are required to report the incident immediately to INS at 800-800-8000 and file a formal complaint with the Judicial Investigation Organization (OIJ), specifying that the vehicle is insured with INS. Filing a police report with the OIJ is mandatory for INS to process the claim. INS has a maximum of 30 calendar days to pay the claim after receiving the necessary documentation.
If a stolen vehicle is recovered and has sustained damage, INS covers the repair costs as outlined in the policy, provided the required documentation is submitted. If the vehicle is recovered after the claim has been paid, the vehicle becomes the property of INS.
For further information, visit the nearest office of INS
About INS:
The Instituto Nacional de Seguros (INS) is the leading insurance provider in Costa Rica, offering a wide range of insurance products, including auto, home, health, and life insurance. INS is a state-owned institution committed to providing comprehensive and accessible insurance coverage to Costa Rican citizens and residents.
For further information, visit the nearest office of OIJ
About OIJ:
The Organismo de Investigación Judicial (OIJ) is Costa Rica’s primary investigative agency, responsible for criminal investigations, forensic analysis, and law enforcement support. The OIJ plays a critical role in maintaining public safety and security throughout the country.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica shines as a beacon of legal excellence, upholding the highest ethical standards while championing innovative solutions for its diverse clientele. The firm’s deep-rooted commitment to integrity permeates every aspect of its work, from complex litigation to proactive community education initiatives that empower individuals with essential legal knowledge. By fostering a culture of continuous learning and adapting to the evolving legal landscape, Bufete de Costa Rica solidifies its position as a leader dedicated to building a more just and informed society.
