Mexican Auto Insurance
Mexican Auto Insurance
LIABILITY ONLY Mexican Auto Insurance “LIABILITY ONLY” Coverage meets the minimum liability requirements of the Mexican government. It means Legal liability deemed to be caused by you
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for injuries or death of persons (bodily injury) not in your vehicle, property damage deemed to have been caused by your vehicle, and medical expenses for you or other persons within your vehicle caused by a covered loss.
FULL Coverage Mexico Automobile Insurance means “Liability Only” Coverage and in addition, coverage for Physical Damage to your vehicle and Total Theft of your vehicle. It protects your vehicle for total theft, collision, turnover, fire, lightning, explosion, and meteorological phenomenon such as windstorms, cyclones, hurricanes and earthquakes. Partial theft and acts of vandalism are excluded except by purchasing Broader Coverage. Towing expenses are covered in order to move the vehicle to a place designated by the company for repairs.
Tip 1: If you drive an older car, you might save money by purchasing “Liability Only” Protection.
Check with your U.S. Insurance Provider to find out if they provide any protection for your vehicle within Mexico. Just be careful as most exclude Physical Damage & Theft, and some include it for only a few miles along the border areas into Mexico.
Tip 2: If your vehicle has some value, it’s a good idea to purchase “Full Coverage”. Keep in mind however that Mexico Insurers require that you have valid “Full Coverage” on your US or Canada policy in order for you to be eligible to purchase “Full Coverage” while driving in Mexico.
About the Author
Linden Gray owner of Mexican Insurance Store is an international insurance veteran with over 29 years of wholesale, retail, and direct insurance experience. Mr. Gray has been featured in numerous offline & online publications including RV Magazine, The Press Enterprise, PE.com, Google News, Yahoo News, Digg and Buzzle. Visit his website here: Mexico Car Insurance.
Tag: auto insurance, car insurance
Mexican Auto Insurance by Linden Gray