Mexican Insurance Coverage Info – How expensive is gasoline across the border?
You may wonder what to expect if you have a vacation to Mexico planned. Gasoline prices may be low in the U.S., but the impact in Mexico of falling global pricing may be less significant to those who typically use pesos. Your Mexican insurance coverage is fairly stable in pricing, and buying your Mexico insurance by Mexican Insurance Store now can carry you through an entire year without serious financial changes in most cases. Fuel, on the other hand, is expected to experience a 3 percent increase in January 2015.
Learn more about Mexican Insurance Coverage
Liters vs. gallons
Because you will buy your gasoline in liters and deal with pricing in pesos, understanding the value may be a little challenging. A gallon of gasoline is equivalent to 3.785 liters, nearly four liters per gallon. A rough estimate of four times the per liter price will give you a close approximation of the per gallon price. To compare pesos to dollars, it is helpful to note that the value of the peso against the U.S. dollar has been on the decline with an exchange of approximately 14.5 pesos per dollar. Computing your per gallon price to dollars requires dividing the peso price by 14.5.
Make sure you pick up Mexico insurance by MexicanInsuranceStore.com before leaving! If you don’t carry Mexican Insurance Coverage, you are not legally allowed to drive on the toll roads.
Dollars vs. pesos
You can pay for your gasoline in dollars or in pesos in many locations. However, the exchange may cost you a little extra in some locations. Pemex, the only gas station you’ll see currently, is typically accurate in providing exchange rates and in making change for dollars. Small shops may be a little less exact, and you may find that you come up a bit short if you spend your dollars. That pinch is often minimal when compared to that felt by those making the sales in adverse financial times.
Buying Mexican Insurance Coverage with Mexican Insurance Store online
You can select Mexico insurance by Mexican Insurance Store with little effort. You will need your vehicle details close at hand, and it is important to value your vehicle as accurately as possible. You don’t want to spend more than necessary by overvaluing your vehicle when filling out your Mexican Insurance Coverage but undervaluing your vehicle could result in a lack of sufficient coverage if you have a serious accident.