If you Are Going To Mexico Then Buy Mexican Car Insurance Online.
I’ve been an insurance agent for roughly fifteen years now, and in that time I think that I have seen each claim possible . I have sold every kind of insurance : vehicle, home, business, life, health, incapacity, etcetera, and I are at present selling Mexican car insurance.
Insurance in Mexico is a little bit different animal than it is in the U. S. , as there are some coverage limitations that somebody from the united states would not expect to encounter. Below I have listed only one or two of these differences, and please do not confuse this with a total list of all of the differences, because there are too many to list.
- • Need combined single limit policy – no split limits
- • “Named perils” policy versus “all risk” policy
- • Legal Aid
Now I want to address the named dangers versus all risk policy difference. First of all, what is named perils? It is when an insurance policy names the precise risks that are covered by the policy. For instance : collision, fire, upset, total theft, etcetera.
A, so called, all risk policy states that we’re going to cover the insured property for anything that happens, and then it takes away categorical hazards, called exclusions. Exclusions that are common to any insurance policy are : nuclear event, war, civil unrest, and etcetera. I call the all risk policy so called because it doesnt cover everything. It will take away some dangers. However , it provides much more coverage than does the named hazards policy.
Nearly all Mexican auto insurance plans are named dangers policies, while almost all united states policies are all risk policies. You need to be mindful of this prior to going to Mexico, and remember that your Mexican vehicle policy will be offering a more limited coverage than does your current united states policy. I have yet to find an all risk Mexican policy, and if I ever find it I would imagine the price would be thru the roof.
I really hope that you enjoy your vacation, and you purchase Mexican car insurance before your trip.
Add Yours
YOU