There are rumors that in 2024 the DPVAT (mandatory traffic accident insurance) will once again be collected by the government. But is this true, and what issues are involved in this discussion?

If you don't know what this acronym means, let's clear up any doubts. First of all, DPVAT is the Mandatory Insurance for Personal Injury Caused by Motor Vehicles on Land Roads!

But what does this mean? To understand the whole story, it's important to understand why the insurance hasn't been paid for several years! So, let's learn a little more about this tax?

So, keep reading to find out all the details and news we know so far about how DPVAT will be charged and how it will be charged in the future!

As mentioned above, this is insurance that everyone who owns a car must pay! This is a tax that must be paid along with the IPVA (Vehicle Property Tax) at the beginning of each year.

The purpose of DPVAT is to contribute to the expenses related to victims of traffic accidents throughout the country! Therefore, it is fundamental to maintaining the health and well-being of everyone, not just drivers, but also pedestrians!

So, if you were driving before 2020, you should know that this insurance was already part of the regular charges. Moreover, it covers medical expenses, as well as cases of permanent disability and death.

First, it's important to know that DPVAT will likely return in 2024, but this was already a planned measure. To understand it better, it's necessary to know why there were no charges in recent years.

In this way, it was discovered that the insurance company Líder, which was in charge of managing the tax funds, was using the payment money in an off-the-books scheme and began to enrich its shareholders.

Thus, after a formal investigation into the situation, the criminal nature of the action was proven. Consequently, the extra value available was approximately R$4 billion.

Therefore, the government and Susep (Superintendence of Private Insurance) decided that it would not be appropriate for the DPVAT payment not to be required until the amount of the embezzled funds was used by the government.

In a way, when the DPVAT payment was suspended from 2020 until now, 2023, there was always the expectation that it would be necessary again, once the diverted money had been fully reinvested.

That is why the government intends to resume charging DPVAT in 2024. But, in addition to that, it is necessary to make some changes to the legislation and the way drivers are taxed.

In this regard, in March 2023, the Chamber of Deputies voted on a Provisional Measure to maintain the administration of the fund by Caixa Econômica Federal, which had already been managing the money since the discovery of the fraud.

The vote is expected to take place in the Senate, where it should also receive approval without further problems. However, the Secretary of Economic Reforms at the Ministry of Finance stated that the tax is subject to change.

In other words, the values and payment methods will not remain the same as before. The federal government has until the end of 2023 to consider how to redistribute this tax, which is fundamental to maintaining order!

Therefore, there is still no new text on how this tax will be collected, but it is essential that DPVAT returns in 2024 to maintain the safety of everyone on the roads, as well as providing assistance to victims.

In this way, the goal is to try to charge more realistic amounts and reduce the scope for fraud and off-the-books schemes with this tax again!

However, there is still a possibility of eliminating the tax if the government devises a way to fund compensation for victims of vehicle accidents across the country.

Typically, compensation for victims of traffic accidents varies. For example, in the case of traffic accident victims with medical expenses, the reimbursement amount is up to R$2,700.

On the other hand, in cases of permanent disability, compensation can range between R$135 and R$13,500 for completed treatment, as well as for permanent disability regardless of the reason.

Furthermore, the death benefit is up to R$13,500 for the beneficiaries, in this case, the legal heirs of the accident victim. Moreover, this amount must be divided among all those who have any legal right to it.

Now that you know that DPVAT will likely return starting in 2024, prepare yourself so that the expense isn't too burdensome, and you're not caught off guard.

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