Insurance in Chile and Argentina are both compulsory. We are on the road currently in Punta Arenas heading for Ushaia tomorrow. We are riding UK registered bikes (red Honda NX400´s) and the legislation for Chile requiring insurance for all bikes including foreign registered bikes came into force in Sept 2005. We spent two and a half days in Valparaiso going round in circles trying to get somebody to sell it to us - and finally got it from Cruz del Sur. NB it runs 1 April 2005 to 31 March 2006 for everybody. ie it runs out end march so you have to buy it again (45000 pesos) if you´re still in the country. (We managed to get it for 30,000 pesos as it´s nearly the end of the period.) Note it only covers you for 3rd party damage to people NOT vehicles or property.... We bought 3rd party insurance for Argentinia which apparently covers us for people and vehicles from Liderar (Argentinian company) in Pucon. they also have an office in Osorno and Bariloche. It cost us 19,500 pesos each for 30 days (postdated as we´re not there yet). Hope this is helpful.
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