If you think that any old Mexican insurance policy will do, you have another thing coming. Would you buy a random car insurance policy for driving in your own country? If not, you shouldn’t do so for driving in Mexico either. There are many decisions to make when buying Mexican auto insurance at Mexican Insurance Store.com. One of the most confusing ones concerns deductibles. Some Mexico car insurance policies come with fixed deductibles, while others come with variable deductibles. You should probably decide which one is right for you, and the following information about Mexican insurance is sure to help.
It’s easy enough to figure out what a fixed deductible is, a deductible that is the same amount no matter what happens. You will know ahead of time how much you’ll have to pay out of your own pocket if you have to file a claim. This is reassuring because it allows you to avoid unpleasant surprises. Most people opt for the fixed deductible option when buying Mexican auto insurance. Unless you have a really old car that’s not very valuable, this is probably the right option for you.
If your car has seen better days and wouldn’t be worth fixing, you might want to consider getting Mexico car insurance with a variable deductible. In this case, your deductible would be calculated based on a percentage of the value of your car. Therefore, if your car is quite cheap, it’s a good way to save money. However, it probably isn’t worth it in most cases. Plus you don’t really know how much you’re going to have to pay, which can be very stressful. Make sure to weigh your options, but the odds that this is the best one are slim.
You may be surprised by the number of decisions that you have to make when buying Mexican insurance. However, it’s important to take your time and consider your options carefully. Mexican auto insurance may not seem to be all that important, but your tune would change if you were involved in an accident while south of the border. Once an accident occurs, it’s too late to go back and buy a policy or to switch to one, so just buy coverage from the start.