sign in
  • Automobile
  • Motorcycle
  • RV
  • Driver’s License
  • Northbound
  • Watercraft
  • Homeowners
  • Health
  • About
  • Help
  • Border Crossing
    • Activities
      • Surfing Baja
      • Wine Tasting Baja
      • Medical Tourism Mexico
      • Fishing in Mexico
      • Spring Break in Mexico
      • Off-Road Mexico
      • RVing Mexico
    • Destinations
      • Aguascalientes
      • Baja California
        • Ensenada
        • Mexicali
        • Puerto Nuevo
        • Rosarito
        • San Felipe
        • Tecate
        • Tijuana
        • Valle de Guadalupe
      • Baja California Sur
        • La Paz
      • Campeche
      • Chiapas
      • Chihuahua
        • Chihuahua City
      • Coahuila
        • Saltillo
      • Colima
      • Durango
      • Guanajuato
      • Guerrero
      • Hidalgo
      • Jalisco
      • Mexico
      • Mexico City
      • Michoacán
      • Morelos
      • Nayarit
      • Nuevo Leon – Mexico
        • Monterrey – Nuevo Leon
      • Oaxaca
      • Puebla
      • Queretaro
      • Quintana Roo
      • Sinaloa
      • Sonora
        • Guaymas
        • Hermosillo
        • Nogales Sonora
        • Rocky Point
        • San Carlos
      • San Luis Potosi
      • Tabasco
      • Tamaulipas
      • Tlaxcala
      • Veracruz
      • Yucatan
      • Zacatecas
  • Sign In

Mexican Home Insurance Application Guide

Posted on April 6, 2020January 31, 2021 by Charles
homeowners insurance GNP

This guide is prepared to assist in filling out the application for a quote, online through NFP/IIG and GNP at mexinsurance.com.

Question/SectionDescription
Primary InsuredThe name should match what is listed on the title/deed to the property. Do not enter more than one entity’s name. Mexico law recognizes married couples as one entity so list either of the married party’s names as long as they are listed on the title.
Preferred Beneficiary EndorsementThis is required to add additional named insureds, co-owners, trusts, lienholders, etc
Property TypeEligible: Single Family Homes, Condos/Townhomes
Not Eligible: Multi-family dwellings (duplex, triplex, etc) or commercial property (apartment buildings, bed & breakfast, etc)
Postal CodeFind your property postal code at geonames.org
Construction Qualitysee table below
EconomicIntermediateQualityDeluxe
ExteriorStucco, Vinyl PaintBrickStone FacadeMarble, Polarized Glass
FloorTile, Vinyl TileLow Quality CarpetQuality Carpet, Ceramic TileMarble or Granite, Fine Rugs
WallsStucco, or plaster and paintKnockdown, Vinyl Paints, WallpaperDecorative Plaster, Good Quality, Ceramic or Wood TrimImported Wood Trim, Upholstery Fabrics, Mirrors, Textured Plaster
BathroomsMinimal and AustereMedium Quality White Fixtures, TileGlazed Ceramic Coatings, Marble colored Fixtures, Marble, GraniteImported and Decorated Ceramics, Quality Mirrors, Textured Plaster
Window FramesThing Gauge GlassDouble PaneTwo Inch wide Aluminum FramesGreater Than Two Inch Wide Aluminum Frames
Door LocksCommonMedium QualityHigh Quality or ImportedHigh Security Plates, Imported, Controlled Key Reproduction, Digital system or Magnetic Access
CarpentrySimple Doors and Closets, Pine or EquivalentVarnished Pine WoodImported or Exotic Woods (Cedar, Mahogany, or Similar) closets with Quality FittingsFine Wood Doors, Specialty Designed Closets, Fine Wood, High Quality Fittings
Primary UseChoose either Owner Occupied or Rented to Others – no difference in cost but Rented to Others will automatically add coverage for Loss of Rental Income and Rental Liability
Theft Prevention MeasuresDiscounts:
Controlled Access with 24-hour Security: 10%
Certified Central Alarm System: 15%
Both: 24%
None: –
Building Replacement CostThis never includes the value of the land. Replacement cost is based on the estimated cost to rebuild the structure (materials and labor)
Glass Breakage CoverageThe limit should be based on the cost to replace all exterior and interior glass, including sliding glass doors, windows, glass block, mirrors, stained glass, etc.
Loss of UseReimbursement for up to 6 months of lodging expenses or loss of rental income
Debris RemovalCoverage for the expense of demolition, clean up and disposal
Value of Personal PropertyInclude the value of furniture and furnishings, appliances, electronic equipment, and other contents.
Theft CoverageSelect the portion of personal property to be covered. Example coverage for electronics, jewelry, and artwork. Jewelry and art have $1,000 sublimity so more expensive items require a special endorsement
LiabilityWe recommend at least $300,000 for liability but if you are renting out your property you might consider more.

 

Posted in Homeowners

Related Content

Post Image

GNP Mexico Homeowners Insurance Claims

If you have a GNP Home Insurance policy through MexInsurance please follow the guide below to file and start the claim process.

Post Image

Mexico Home Insurance Terms and Conditions

The terms and conditions of the Mexico Home Insurance from GNP.

Post Image

Mexico Homeowners Insurance

Instantly secure Mexican Home Insurance on your Mexico single-family home with quality coverage from the top underwriter in Mexico. Mexico home insurance can include earthquake and hurricane coverage and has no restrictions geographically.

Post navigation

Previous:Driving the Copper Canyon
Next:Chubb Legal and Roadside Assistance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

  • Van Life in Mexico
  • Vehicle Theft 2020 (Mexico)
  • How to Make a Phone Call in Mexico
  • Post Election Fear Sending Americans to Mexico
  • Coming Soon

Subscribe to our Blog!

Delivered by FeedBurner

Categories

  • Activities in Mexico
    • couples
    • Fishing in Mexico
    • Off-Road
    • RV Mexico
    • Spring Break in Mexico
    • Surfing in Mexico
  • Baja California
    • Ensenada
      • Valle de Guadalupe
    • Mexicali
    • Rosarito Baja
    • San Felipe
    • Tecate
    • Tijuana
  • Baja California Sur
  • Border Crossing Requirements
  • Campeche
  • Cellular Service Mexico
  • Chiapas
  • Chihuahua
  • Chubb
  • Coahuila
  • Company Announcements
  • Coverage and Claims
  • Driving in Mexico
  • Guanajuato
  • Guerrero
  • Hidalgo
  • History and Culture
  • Homeowners
  • Jalisco
  • Maps
  • Medical Tourism Mexico
  • Mexican Insurance
  • Mexican Insurance Tips & Tricks
  • Mexican Rental Car Insurance
  • Mexico City – District Federal
  • Mexico Insurance
  • Michoacan
  • Morelos
  • Nayarit
  • Nuevo Leon
  • Oaxaca Posts
  • Places
    • Las Vegas
  • Puebla
  • Queretaro
  • Quintana Roo
    • Cancun
  • roadside
  • San Luis Potosi
  • Sinaloa
  • Sonora
    • Guaymas
    • Hermosillo
    • Nogales
    • Rocky Point
    • San Carlos
  • Tamaulipas
  • Theft Reports
  • Uncategorized
  • Veracruz
  • Website Help
  • Yucatan_State

3813 Ray Street

San Diego, CA 92104

California Insurance License: 0G35864

2020 Mexico Insurance Services, Inc.

By using this website you agree to the

  • Terms of Purchase, Access and Use Agreement
  • Privacy Policy
  • Sitemap
  • Affiliates Login