With oil prices down, you might find this a great time to plan for a driving vacation. If you take that road trip south of the border, it may be a little more difficult to compute your estimated costs on the road. You can handle your affordable Mexico insurance for travelers north of the border from your computer or wireless device. Mexico auto insurance coverage doesn’t require computing exchange rates and metric measurements, making it easy to nail down the policy and pricing that will fit your needs.
What to expect at the pump in Mexico
Finding a gas station in Mexico is easy as there are plenty of Pemex locations throughout the country. This is your only option in gasoline, so don’t stress about finding much difference in price at another spot. They sold gasoline by the liter, which may confuse you because the pricing is in Mexican pesos. Most stations serving the needs of travelers in tourist areas will also display their exchange rate for the day, which can be helpful if you aren’t following the financial world much during your travels.
As of Feb. 2016, one United States dollar is worth nearly 19 Mexican pesos. The price for a liter of gasoline, which is approximately equal to one-fourth of a gallon, is approximately 14 pesos. This means that a gallon of gas will cost close nearly $3. This will fluctuate a bit because rates can change daily. While the gasoline prices might not be comparable to the recent lows seen north of the border, these details may help you budget for the trip.
Pro Tip: Mexico insurance is necessary to use the toll roads, so secure Mexico auto insurance coverage before you leave home
What type of Affordable Mexico insurance for travelers should I select?
Your affordable Mexico insurance for travelers’ coverage should address not only the potential obligations you would face in an accident but also your own losses. For example, a skimpy Mexico insurance for travelers policy could leave you without a remedy for replacing a totaled vehicle. Comprehensive Mexico auto insurance coverage is ideal for a vehicle that you can’t afford to replace on your own. Your coverage should also consider the financial obligations you could face in the event of a fatal driving incident.