The Importance for American and Canadian Tourists to Purchase Mexican Auto Insurance for Their Vehicles Prior to Their Entry in Mexico
If you are traveling to any new country, you likely have some questions about the policies. If you are traveling to Mexico from America or Canada by car, you will need auto insurance. It’s important to know how this process works. If you skip these important steps, you will run into issues. Mexican Insurance Store, a Mexican insurance provider, has shared everything you need to know.
Do American and Canadian Car Insurance Policies Work in Mexico?
This depends on the company and the policy you hold. Few car insurance policies work in Mexico. Car insurance policies offer little to no coverage once you are in Mexico.
Some car insurance companies will let you buy a limited Mexico coverage endorsement. If you would like to do this, you should start this process early. Make sure it is an option with your insurance company and policy. Figure out what is covered too.
Why Is It Important to Have Car Insurance in Mexico?
If you will only be in Mexico for a short time, it may not be clear why you need car insurance. This is required by Mexican law. You won’t be able to drive in Mexico without car insurance. Mexico does not accept car insurance from the US or Canada by default; it must be insurance that complies with the country’s laws.
In Mexico, car accidents are a civil and criminal offense. This can get you into a lot of trouble if you don’t have auto insurance. This is one of the reasons why you should get Mexican auto insurance as soon as possible.
Another problem is that some American and Canadian car insurance companies are not familiar with Mexican law. In this case, they are not able to help you if you get in an accident. Mexican car insurance companies would be more helpful.
Some auto insurance companies set limits on your coverage in Mexico. This applies if you use the limited coverage from your current provider. According to BajaBound, some American companies will not pay to have your vehicle fixed in Mexico. This is true even if you can’t drive your car back to the US.
Based on all this information, it’s best to get car insurance specifically for Mexico. It will protect you in case of an accident. It also helps if your policy is limited once you get to Mexico.
What Is Covered by Mexican Auto Insurance?
Mexican law requires you to have liability insurance. It’s best to have a liability limit of $500,000. This will cover any damage if you’re in an accident. You can also choose a full coverage auto insurance policy. This will cover more, like collision, theft, and vandalism.
The policies and coverage vary by company as well. In most cases, the full coverage options are similar.
Do You Need Auto Insurance Before Entering Mexico?
You must have Mexican car insurance before driving in Mexico. For this reason, you should get auto insurance as soon as possible. It’s recommended that Canadian and American tourists bringing their cars to Mexico do this ahead of time. Then, you are able to get the proper auto insurance and make sure everything is finalized.
It’s important to get auto insurance before entering Mexico. Then, you will be covered for the duration of your stay. You will have the protection you need in case anything happens.
How Much Does Mexican Auto Insurance Cost?
The cost varies by many different factors, as it does in the United States and Canada. Fortunately, auto insurance in Mexico is very affordable.
Car insurance in Mexico costs only $2 to $40 per day. The cost changes by these factors:
- The duration of your stay
- Your age (drivers under 21 or above 80 will pay higher rates)
- Liability cost
- Your vehicle
As expected, different companies and policies come with different options. These options cost different amounts of money.
How to Get a Quote for Mexican Car Insurance
You should call to get a quote for Mexican car insurance. You will need some basic information about your travel dates and your car.
According to MexPro, you should know the following information:
- Travel dates
- Car information, including the year, make and model
- Liability limit
If you are towing any vehicles, include this information too.
Keep in mind that you might need to speak to a bilingual agent. It can be easier to get a quote online due to the language barrier. Some American and Canadian auto insurance companies offer options in Mexico too. This can make communication easier.
Conclusion
When you travel to Mexico, you will need to get auto insurance. This is required by Mexican law. You should get auto insurance as soon as possible. It’s very affordable and offers the protection you need. If you get in a car accident without auto insurance, you will face both civil and criminal penalties.
