Vehicle Insurance in Mexico
If
you are visiting Mexico, Tourist Vehicle insurance is available for your
American or Canadian vehicle. Residency Auto insurance is available once you
become a resident and own a Mexico-registered vehicle.
Caution: Don’t buy your vehicle
insurance at the border or you will pay too much.
Do I Need Mexico Auto Insurance?
If you will be driving an Auto in Mexico, you need to know that
the vehicle insurance coverage you rely on daily at home does not protect you
once you cross the international border. As the US State Department advises
on its web site:
U.S. automobile liability insurance is not valid in
Mexico, nor is most collision and comprehensive coverage issued by U.S.
companies. Motor vehicle insurance is considered invalid in Mexico if the
driver is found to be under the influence of alcohol or drugs.
Mexico Auto Insurance Tourist Policy Features
Policy features for personal-use vehicles registered outside
Mexico, while
traveling in Mexico:
Note: for motorhomes and RV's, only liability coverage is available
- Collision and upset/material damage
- Total loss
- Third party liability
- Medical coverage per passenger
- Legal assistance
- Roadside assistance
Mexico–Registered Vehicle Policy Features
Features of our auto
insurance for Mexico–registered vehicles
- Collision
and upset/material damage in Mexico, USA, and Canada
- Total loss
in Mexico, USA, and Canada
- Third party
liability in Mexico, USA and Canada
- Medical
coverage per passenger in Mexico, USA and Canada
- Driver A&H coverage
- Legal
assistance in Mexico
- Roadside
assistance in Mexico, USA and Canada
- Towing due
to mechanical breakdown
- Luggage
loss anywhere
- Rental car
in Mexico
- Transportation
to destination in Mexico
- Messages
urgent transmission
- Medical
assistance over the phone
- No
deductible in total loss and net premium reimbursement
- In case of
total loss, 10% additional vehicle value added to sum insured
These features, backed by these insurance
companies, along with their English language service and your policy in
English, make their car insurance package the best vehicle insurance available
for Mexico–resident Americans and Canadians.
Note: We compared the cost of car insurance for a
new 2012 BMW with Mexican plates:
·
Chapala company: $21,000 pesos
·
Mariners Agency: $12,600 pesos