If you’ve been across the border before, you might have the concept of Mexican insurance for travel down well enough, but if you change your routine or destination, you might need to review your coverage. Because each state has different benefit definitions in case of a deadly accident, your car insurance for Mexico needs can vary as well. Being aware of these differences may prove helpful. This is especially true if you should face the unpleasant reality of a fatal accident during your trip.
Why worry about a fatality accident?
Any type of insurance serves as a protection in case of a possibility becomes a reality. These standards in the automotive industry are tied to the fact that there are so many accidents. And this is true south of the border as well. Mexico requires that all motorists have coverage for driving, which protects its citizens in case of loss. The national standard in case of a fatality caused by a third party is that the survivors of the decedent will receive the equivalent of 5,000 days’ wages. This can be a huge number in some states and small in others.
Each state sets its benefit based on the area’s wage trends. When you buy car insurance for Mexico you don’t need to know the wages of the workers. However, you do need to have an idea of the states to which you will travel. As you request a quote for a policy, they will provide you with information about the suggested limits. Various states require different insurance coverage proportionate to the benefit levels. Your coverage is your proof of ability to satisfy financial obligations in case of an accident. An inadequate policy could leave you stuck in Mexico as you try to figure out how to pay the difference.
Pro Tip: Mexican insurance for travel is required to drive on the toll roads, so pick up car insurance for Mexico before taking off
Invest in top Mexican insurance for travel
You shouldn’t cross the border without car insurance for Mexico, but remember that just having a policy doesn’t mean that you are sufficiently covered. Make it a point to find a policy that will provide reliable claim handling. Make sure that the insurance policy has adequate funding in case of an accident.