Many Americans do not know that they need Mexican car insurance to drive legally in the country. As a result, they have to spend a fortune and go through some serious trouble when they get into an automobile accident.
If you plan to drive in Mexico, you should make sure that you have Mexican auto insurance. This is the best way to show that you can meet the financial responsibility law of the country – or you will need a large sum of money to cover damages in case of an accident.
Before you buy Mexican auto insurance, you should learn as much as you can about the policies available and the type of coverage you can get.
Important FAQs about Mexico Car Insurance
Here are the answers to some frequently asked questions about Mexican car insurance to keep you well informed.
Do I really require Mexican auto insurance?
A: Yes. As mentioned already, Mexican law requires all tourist drivers to be financially responsible for any bodily injury or physical damage that they might cause in a car accident.
If you do not have Mexican car insurance, the only other way that you can show this financial responsibility is to have a large amount of cash on your person to cover liabilities or a pre-arranged bond with a bank in Mexico. Depending on which state you are in, liability can be $300,000 or more.
The easiest and most inexpensive way to meet the proof of liability is to buy a Mexican insurance policy online from a trustworthy company.
My U.S. auto insurance policy provides coverage for 75 miles down to Mexico. Do I still need to buy a Mexican auto insurance policy?
A: Yes. The law in Mexico does not recognize US car insurance. This means that your insurance is useless south of the border. It cannot pay damages that you would owe to others.
This is exactly why you need to buy Mexican auto insurance – do it well before leaving for your trip.
Will my Mexican insurance cover me for off-roading?
A: No. Unfortunately, Mexican car insurance does not cover vehicles that are in racing or off-road driving. For coverage while driving, you need to drive on dirt roads that are on maps.
Best Mexican Car Insurance Policies Online
Avoid legal and other problems with the best auto insurance. Visit www.mexinsurance.com to find out more.