What is included in a "Full Coverage" Mexican insurance policy?

Many people invest in full-coverage Mexican insurance because it provides more protection than a liability-only policy. A full coverage Mexico insurance policy includes everything that a liability-only policy does, and goes a few steps farther.

In addition to including everything that a liability-only policy does, a full coverage Mexico Insurance policy includes coverage for physical damage to - and total theft of - your own vehicle. That way, you aren't stuck footing the bill for major damages or for the loss of your own car. Towing is also included in full coverage policies from Mexican Insurance Store. Full coverage Mexican insurance provides a great deal of peace of mind, allowing you to enjoy yourself in a truly unencumbered way.

It's important to keep in mind that, as extensive as full coverage insurance is, it doesn't cover every last thing. For instance, partial theft and acts of vandalism are not covered by this type of policy. If you need that type of coverage, you can buy a broadening endorsement for your Mexico insurance policy through ACE Platinum.

By definition, "Full Coverage" Mexican insurance means "Liability" Coverage with additional coverage for "Physical Damage to your vehicle" and Total Theft of your vehicle. This coverage protects your vehicle for total theft, collision, turnover, fire, lightning, explosion, and metrological phenomenon such as windstorms, cyclones, hurricanes and earthquakes. Partial theft and acts of vandalism are excluded except if you purchase a broading endorsement (ACE Platinum Coverage). Towing expenses are covered in order to move the vehicle to a place designated by the company for repairs.

Mexican car insurance is written on a named perils basis and Full Coverage includes physical damage to your vehicle, total theft, fire, and other perils. Dozens of U.S. agents, gas stations, towing companies and on and on offer coverage at the border, but you should ask yourself how many agents specialize in Mexican insurance coverage and ONLY Mexico insurance? Half a dozen?

How many agents sell unrated Mexico insurance primarily because weaker insurers usually pay higher commissions? Many do. If commissions are higher than normal, how much premium is left to actually pay claims fairly?

As our worldwide economy continues in a state of uncertainty, it may be more important than ever to purchase a policy from a financially strong Mexican car insurance company. No matter how much you like your agent, if they are placing your insurance with a non-rated carrier you could be in for a surprise in the event of an accident.