Mexican Car Insurance Online

I just wished to let everyone know a touch more about what Mexican car insurance covers and what it doesn't. I was at my family barbecue the other day, celebrating my birthday, and my father asked me about my internet business and my blogs. I told him a touch about what I do and how things are going, and he asked me what it was that he should know about Mexican car insurance, and more specifically to name a coverage that he didn't know about.

My immediate response was that partial burglary wasn't covered, and he asked what is partial theft? I mean how can you've a partial burglary, either it was nicked or it wasn't, it sounds to me like being partially pregnant. that's the typical response from most Americans going to Mexico and hearing about this for the 1st time, and so I gave my dear of father an illustration of partial burglary. Joe drives his new car with brand new chrome wheels into downtown Juarez, and parks his car along the street while he does some shopping. Joe returns from shopping and finds his new chrome wheels are missing, but the rest of the car is still there, or perhaps it was actually the radio that is missing, or any other part of the vehicle, but the car itself is still there : that's partial theft.

Well, my pa did not have anything really nice to say of insurance companies, but that is standard for everyone. The point of the tale is that if you travel to Mexico you need to remember that partial theft isn't covered. The car must be completely gone for burglary coverage to apply. Now, you and I'll have the philosophical debate about whether is should be covered, but that's a different subject.

Mexico is an excellent place to holiday and to get out and enjoy life. Before you travel, make sure that you get Mexican car insurance, and that you know some of its limitations. Partial burglary isn't covered.

Most states now have a financial responsibility law that requires persons to carry proof of insurance with them in their car. Mexico has the same laws, but your US insurance policy is not recognized by the government of Mexico. Only a Mexican car insurance policy, written by a Mexican insurance company will be recognized

A common misconception is,"my insurance agent told me that my insurance policy will cover me within the first twenty-five miles of the Mexican border." That may very well be true, because some major insurance companies will cover a loss up to a specified distance in Mexico, and that specified distance is usually about twenty-five miles. The question is: Will my policy be recognized, by the Mexican officials, as proof of financial responsibility in case of an accident? and the answer is, no it will not.

Some people may think that it's just not that big of a deal, because all the police officer is going to do anyway is write a ticket for no insurance and they can go back to the United States and never even have to pay the ticket. Nothing could be further from the truth. If you are involved in a accident in Mexico and cannot provide adequate proof of financial responsibility you will be incarcerated until you can. I don't know about you, but I don't want to spend my vacation in a Mexican jail.

Now that everybody knows why it is that Mexican car insurance is so essential I'll bet your wanting to know where you can buy it and how much it will cost. The answer to the second question is that policies can be purchased for as long as you need them, from one day to one year. The price will obviously vary depending on the time period that you purchase, but the insurance is not expensive, in fact it is usually quite reasonable.

Where can I buy Mexican car insurance? Right here. Right now. Online. Click the link and you can have your policy in a matter of minuets. Fast. Easy. Cheap.

All fifty states now require proof of financial responsibility, this is usually referred to as proof of insurance, Canada is no different, and neither is Mexico. Mexico has the same financial responsibility laws as does the United States and Canada. The difference between the United States and Canada and Mexico is the different legal systems. Mexican law does not recognize any insurance that was not written by a Mexican insurance company. Only a Mexican
car insurance. policy, written by a Mexican insurance company will be recognized.

There are a few people out there that are under the belief that their United States insurance policy will cover them in Mexico, and there are a few major carriers that will provide limited coverage, usually within the first twenty-five miles of the border. Do not confuse this with proper insurance. I know that your insurance company is very reputable and will pay all legitimate claims, whether in the United States or Mexico, but that is not the issue. The question is not if a claim will be paid, but if the Mexican government will consider your policy as valid proof of financial responsibility. Valid proof of financial responsibility must be provided by a Mexican car insurance company.

Some would question the seriousness of a minor traffic ticket in a foreign country, because it's not like they have the authority to suspend your driver license or anything similar. To answer that question let me explain that in Mexico failure to provide proof of financial responsibility it is not a misdemeanor but a felony. Furthermore, under the Mexican legal system you are guilty until proven innocent, that mean that if you are involved in an accident and don't have Mexican car insurance from a Mexican insurance company you will most certainly be spending your vacation in jail. That doesn't sound like my idea of a fun vacation.

There are a few differences between the United States policies and the Mexican policies. In the United States it is common to have very high Bodily Injury limits and relatively low property damage limits. The use of a split limits is common in the United States and accomplishes the purpose of combining high Bodily Injury limits with low property damage limits quite well.

Bodily Injury claims are usually relatively low in Mexico; this is because all claims are settled on an actual cash value basis (acv), without any payments for pain and suffering or emotional distress. This means that the majority of the limit should be available for property damage claims. The use of a split limit is unwise in these circumstances. The usual standard is a combined single limit of one hundred thousand dollars.

One of the differences between United States policies and Mexican policies is that Mexican car insurance policies do not cover vandalism or partial theft. That means that if someone were to break a window you would be responsible for the damages. In order to file a claim for theft your car needs to be gone.

Legal Aid and Travel Assistance coverages may be listed as optional on the application, but you shouldn't consider them to be unnecessary. Without both of these coverages you will be paying for your own legal expenses until liability is determined. Remember that in Mexico you are guilty until proven innocent. Don't be left without these coverages.

Mexico is a spectacular place to visit; the beaches are wonderful, the people are warm and friendly, the food is delicious, and a great time can be had by the entire family. Make sure that your vacation is as rewarding as it should be: Purchase the right insurance from the right company at the right price. Buy the right Mexican car insurance before your vacation to Mexico.

I've been in the insurance industry for quite a few years, for fifteen years to be exact, and during that time I have seen a lot of mistakes that people have made with regard to their insurance coverage. Some people think that they know more than their insurance agent. Now, I don't claim to be the smartest person on the planet or the most educated, but I do know what I'm talking about when I'm talking about insurance. I even know something of Mexican car insurance, and I would like to let you in on insider secrets if you'll listen.

To illustrate my point about people not listening to their insurance agent I'd like to tell you a true story. There was a young kid that worked his tail off and saved like crazy so that he could buy himself a brand new truck. He must have worked and saved for a couple of years before he went and bought his truck. He paid cash for the truck; no financing. When he brought it into the office to buy insurance he asked for only the most limited coverage available. I informed him that a liability only policy would provide no protection for his truck, and he thought that because he was a good driver that he didn't need to pay all that extra money for comprehensive and collision coverages. He chose not to follow my advice, and purchase liability, with no comp or collision coverage.

A couple of months passed before a saw the young man again. He looked like he had been involved in a fight, but it turned out to be an accident rather than a fight. It turns out that he wasn't as good a driver as he thought, and that he rolled his brand new truck. He wanted to file a claim and get his insurance to pay for the accident. It is one of the saddest things to have to tell someone that there is no coverage for an accident, because you know that they truly do need that insurance. Sadly, because he ignored my advice he lost many hours of work, and years of saving to pay for something that was destroyed in just a few seconds. It was such a terrible waste.

I'm going to make some recommendations for Mexican car insurance. I hope that you follow my recommendations, because I would hate for something bad to happen to you like what happened to the young man that I just told you about. You don't have to listen to me, but I hope that you do.

My first recommendation is that you purchase a combined single limit of liability insurance of no less than one hundred thousand dollars. Anything less than that is simply not enough insurance, and more than that is fine. It really isn't that much more to buy more than the hundred thousand dollar limit. Also, don't purchase a split limit policy like what you probably have in the United States; it just isn't necessary in Mexico.

The second thing that I want to recommend is that you familiarize yourself with the variable deductible. Make sure that you know what your deductible really is, and that you can afford to pay it if you have to. If you don't want to take the time to understand the variable deductible then buy a fixed deductible insurance policy. A fixed deductible is a little bit harder to find and may be slightly more expensive, but if you feel more comfortable with it then it is worth it.

The last recommendation that I have is that you don't try to save money by avoiding Legal Aid and Travel Assistance coverages. Some people have the belief that these are optional coverages and that the insurance company is just trying to sell you something that you don't really need. These are extremely valuable coverages and should not be considered optional. Please don't pass them up.

I have been selling Mexican car insurance for more than ten years, and I have sold more policies than I can count. Like I said before, I don't know everything, but I do know about insurance. Your average insurance agent doesn't know a thing about insurance in Mexico, but I do because I've been selling it for so long. I only sell policies from carriers that are rated A+ by AM best and that have a superior claims paying history. Don't buy your insurance from anybody, buy it from the best.

I like stories and it's even better if they're true, and this one happens to be true. It will help me to demonstrate something about Mexican car insurance.

Several years ago I sold a motorcycle insurance policy to Bob for his new Harley. He wanted to make sure that he had "full coverage" insurance. I wrote a policy that included both comprehensive and collision coverages, and a medical payments limit of five thousand dollars. The medical payments limit was the maximum that I could write for Bob.

About nine months after the purchase of the insurance Bob had an accident. He laid his bike down in front of and oncoming pickup truck. Bob walked away from the accident with minor injuries, but his girlfriend, on the back of the bike, suffered serious injuries that required many months of hospitalization, and many surgeries. The oncoming truck was uninsured at the time of the accident.

Bob came to me after the accident wanting all of her medical payments to be covered by his insurance. I informed him that his medical payment coverage would pay up to the policy limit of five thousand dollars, and that he had an additional twenty-five thousand dollars in coverage available to her under his uninsured motorist coverage. Unfortunately, her injuries far exceeded her available coverages. Bob was upset that not all of her expenses would be covered.

I asked Bob: Up to what limit he expected the insurance to pay for her medical expenses? His answer was: Whatever is billed, into the millions of dollars. My answer to him was that he needed a health insurance policy not a property insurance policy in order to cover those type of expenses.

Nobody wants to end up like Bob, but to avoid that you have to know what it is that you are buying and what it is that you need to buy. That is what the moral to the story is: Nobody know what Mexican car insurance covers and what it doesn't cover. You need to do some homework and find out.