Mexican Insurance Coverage Summary

Mexican Insurance Coverage Summary

Roadside Assistance included

Summary of Mexican Insurance Coverage through Qualitas specifically for MexInsurance.com. Typically, Mexican Insurance consists of five different coverage items.

Mexican Car Accident
Complete Coverage includes Damage to YOUR vehicle

1 – Physical Damage to Your Car. Also known as “Collision”

Purchase Complete Coverage policy and you get these first two coverages with the policy

  • Uninsured motorist hits you and causes damage to your car. This coverage is for the damage to YOUR CAR/Truck/RV/Motorcycle. The company will use the value you enter for “Vehicle Value” on the form, and the industry standard “Actual Cash Value” to determine the payout.  Deductibles.
  • No matter who is at fault, if you get into an accident this coverage includes damage to YOUR CAR. (subject to Mexican Insurance Terms and Conditions)
Theft Coverage included with Complete
Mexican Insurance Complete Coverage includes Total Theft of vehicle

2 – If your vehicle disappears also known as “Total Theft”.

Risk 2 is also part of the Complete Coverage policy at mexinsurance.com. Although it sounds self-explanatory we list an example below:

  • Your car, truck, RV or motorcycle disappears. This coverage will compensate you or car finance company or rental company for the loss. The insurance company will use a combination of “Actual Cash Value” and the amount you submit for “Vehicle Value” on the quotation form in determining payment.*
Third Party Liability Damage - Caused by You
The damage you Cause to Someone Else Falls Under 3rd Party Liability

3 – Damage you cause to someone else’s property, also known as “3rd Party Liability”

When you hear the word “Liability” in a discussion about Mexican insurance – this refers to how much damage you can do and have the company pay for it.

If you have $150,000 USD coverage then you can cause that much damage and not be personally liable. However, if you cause $1,000,000 USD in damage to someone but only have $300,000 USD liability coverage then you may be responsible for the difference.

We offer up to $1,000,000 USD in Liability. Our minimum is $150,000 USD. All figures are in US Dollars

Mexican Insurance Coverage Summary

Here is an example of where third-party liability coverage applies.

  • You hit and destroy a small Toyota Tercel driven by Don Pedro of Sinaloa. You are driving a Range Rover and his car is no longer recognizable.
    • Damage to the third party – in this case, Don Pedro of Sinaloa has coverage. If his medical costs and car repair costs are less than $300,000 USD then you should have $300,000 USD in liability coverage
      • Damage to your car is NOT under 3rd Party Liability.

4 — Medical payments to you and people in your car, also known as “Medical Payments”

This coverage comes with all policies, and it relates specifically to how much coverage for hospital and medical treatment. If you have two people in your car, everyone will have coverage depending on what you choose. Here is an example to help you choose your limits:

  • A young man driving his car to school with mobile device in-hand. He doesn’t notice the light is red and flies through it. As it happens, you are in the middle of the intersection as he plows through you. He has no insurance, but you have mexinsurance.
    • Standard Qualitas is $4,000 US per person, $20,000 per incident maximum
    • Upgrade available to $6,000 US Per Person with $40,000 US per incident
    • *Motorcycle policies do NOT have this risk. Drive motorcycles very carefully in Mexico

5 – Optional items under the tourist auto policy, commonly known as “Legal and Bail Bond”

Every mexinsurance program includes towing and legal aid. But mexinsurance.com offers the following MUCH BETTER, with all policiesAVQ – Roadside Assistance in Mexico

mexinsurance coverage summary