When traveling in Mexico, most people opt for daily Mexican auto insurance. However, it’s not always the best way to go. While you always need to have an online Mexican insurance policy while driving in Mexico, daily coverage isn’t always the most practical choice. People rarely realize it, but there are alternatives. Six-month and yearly insurance is available. Besides being more convenient, these options can save you a considerable amount of money. How are you supposed to know whether daily Mexican auto insurance, yearly or other coverage is right for you? The following information will help a lot.
When a Daily Online Mexican insurance policy Makes sense
There are times when daily Mexican auto insurance is the most practical choice. If you’re heading south of the border for a few days, you can’t go wrong with daily coverage. It also makes sense when you only go to Mexico on infrequent occasions. After all, you don’t want to end up with something other than daily Mexican auto insurance coverage that you’re not even going to use. Doing that would be a waste of money. A daily online Mexican insurance policy is almost always the best way to go for quick trips to Mexico.
What about six months or annual insurance?
Let’s say you’re going to be in Mexico for at least a few weeks. At that point, you’ll be paying the daily rate for 20 or more days. Review a quote for six months’ insurance instead. While you’re at it, get a quote for a year policy (which is 10-15% over six months). What you’ll discover is sure to surprise you. Annual insurance will be cheaper, but a six-month online Mexico insurance policy maybe even is more affordable still. Break the total amount by day to find out what the daily rate is going to be.
Should You Get Yearly Coverage?
If you go to Mexico for more than a few months, or if you head down there all the time, a daily Mexican auto insurance policy won’t be enough, and a yearly policy will make the most sense. People who have friends and relatives south of the border opt for annual coverage, and it’s easy to see why. You won’t have to worry about buying a new one every time you head south of the border with an annual policy. You will also save a vast amount of money. Get a quote before buying a yearly policy.