Mexico car insurance liability limits

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Federal 502 Law


Compensation Levels For The Dependents

18. What Mexico car insurance liability limits do I need?



MEXICO FEDERAL 502 LABOR LAW INFORMATION

In late 2012, Mexico announced new updates to the Federal Labor Law (Article 502). This Law is used as the basis by each State to compute payment amounts for dependents when a death occurrs in an auto accident. For decades, Mexico car insurance liability limits in an at-fault fatality were based on 729 days of compensation. The new "updated" law states that any dependent in an at fault auto accident must now be compensated 5,000 days.

Depending on the State where the accident occurs, and what Mexico car insurance liability limits you have purchased, it is probable that you will need to purchase higher limits than in the past.

Please review these new amounts needed for the different Mexico states. Make sure you review the chart in order to evaluate the best Mexico car insurance liability limits for your needs.

Minimum Compensation Levels For The Dependents Of A Deceased Person In An At-Fault Auto Accident in Mexico MEX/USA Rate = 13 x 1

Most states interpret Federal Laws themselves and create their own civil and criminal laws.

Attached chart shows how these states will apply them to you.

Mexico State - U.S. Dollars - Each Fatality

Coahuila $543,790

Yucatan $543,782

Nayarit $407,837

Campeche $362,791

Guanajuato $362,789

Baja Calif Sur $335,258

Michoacan $317,343

Distrito Fed. $311,271

Queretaro $294,636

Jalisco $232,961

Guerrero $191,784

Chihuahua $167,613

Baja CA Norte $143,835

Morelos $126,064

Sinaloa $113,614

S Luis Potosi $104,162

Oaxaca $78,941

Nuevo Leon $69,889

Hidalgo $68,169

Est de Mexico $47,947

Aguascalientes $45,445

Colima $45,443

Durango $45,445

Quinatna Roo $45,445

Zacatecas $45,445

Veracruz $23,971

Chiapas $22,721

Tamaulipas $14,382

Tabasco $6,635

Puebla $5,453

Tlaxcala $4,997

Sonora $4,658

Please note: Mexican Insurance Store offers Mexico car insurance liability limits up to $1,000,000 dollars.

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