subject: Mexican Car Insurance An Overview [print this page] Mexican Car Insurance An Overview
If you plan on driving south of the border you'll need Mexican car insurance. Most people from the United States assume that their car insurance follows them everywhere, including into Mexico. This is absolutely false. To drive your car in Mexico you'll need insurance from a Mexican insurance company. In Mexico, in the event of an accident, each motorist must provide proof of financial responsibility, regardless of who was at fault. You can only do this by providing the cash necessary to cover the damages or obtain Mexican auto insurance from a Mexico-based insurance company. Insurance from other countries, including the United States, isn't sufficient. Because of the Mexican insurance law, there are several insurance companies that have set up shop at the border, selling insurance to travelers heading into Mexico. You could have to go out of your way and stop to obtain insurance if you want, or you could quickly and easily buy your policy online. Mexican auto insurance can be obtained for terms of one day up to one year, depending how long you'll be in Mexico.
If you're a frequent visitor to Mexico, having Mexican car insurance is a necessity. In fact, many people who live along the border already have Mexican auto insurance, due to the fact that they drive into Mexico on a regular basis. However, when shopping for Mexico auto insurance, make sure to choose a company that actually settles claims in the United States. This is very important, because if you do get in an accident in Mexico and wish to have your car repaired in the United States, a company that settles claims in the U.S. will be able to arrange that for you. Bilingual adjusters are a plus because it helps if the claims adjusters you talk to about your claim are able to communicate with you in English.
Simply put, Mexican insurance is needed if you're traveling into Mexico. Under Mexican law, if you have car insurance issued in another country and not in Mexico, then legally you're an uninsured motorist. Keep in mind that most Mexican motorists do not have insurance, so obtaining liability-only Mexican car insurance only covers damage to other vehicles, not yours. Buying a full-coverage policy is also highly recommended. If your U.S. policy states that it covers your car up to a certain distance into Mexico, understand this strictly refers to the vehicles physical damage, and does not include your policy's Liability portion of insurance.
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