Why your U.S. coverage doesn’t work in Mexico – Mexican Insurance Guide
Although you may have a policy to cover your motor vehicle at home, this becomes rather useless if you have an incident in Mexico. When you cross the border, you are expected to be financially responsible for damages caused by your driving activity. Mexican insurance is crucial because it is recognized by Mexican authorities as valid in the country. Appropriate Mexico auto insurance is required of all motorists by law.
If you need more help with Mexican insurance information, check out Mexican Insurance Store.com
Domestic carrier limitations
Those who research Mexico auto insurance may find that their domestic carriers refer them to other companies to find information and coverage. Once you cross the border, your domestic policy won’t help with emergencies or accidents. Damages that you suffer because of theft or vandalism can also leave you facing serious expenses without any assistance in covering those costs. Mexico auto insurance ensures that you are covered appropriately based on the type of policy selected.
Just as you get what you pay for at home, shortchanging yourself on Mexico auto insurance can leave you struggling to recover from the costs of an accident. Liability Mexico auto insurance is the minimum needed to satisfy the law. However, comprehensive coverage is advisable for those whose vehicles meet the value test of at least $3,000. Liability-only coverage won’t satisfy your lien holder if your vehicle is still being paid for. You can expand your policy to include partial theft and vandalism, some of the most common vehicle-related incidents occurring south of the border. Road trip information: Mexican insurance is mandatory, so make sure to purchase Mexico auto insurance online ahead of time to save time and money.
What is the difference between Mexican insurance and a domestic car insurance policy?
Your home car insurance coverage may include all vehicles in your household, but your Mexico auto insurance typically applies only to one vehicle. You can have as many legal drivers as you want, but you need to be sure that they have valid licenses and that they are at least 21 years old. You’ll also want to be sure that you select adequate dates to ensure that your policy doesn’t lapse during your time in the country. Your coverage can be purchased for as little as one day or for as long as one year.