Mexican auto insurance
Mexican auto insurance
If your taking an adventure, let’s say to Mexico, do you need to buy auto insurance on your car? The answer is technically no, but it is according to your peace of mind, that is if you do not get into an car accident in Mexico involving and the Police get involved.
It is recommended to buy Mexican car insurance, even for day visits, when driving in Mexico. Most USA insurance plans do not cover driving in Mexico.
Why do you need Mexican auto insurance?
You are require to have Insurance from a Mexican company by Mexican law if you have an accident, even if you are not at fault. This is the biggest reason to get Mexican auto insurance on your trip to Mexico
In Mexican law drivers need “proof of financial responsibility” in the event of an accident. As an American with a car in Mexico, you either need a lot of cash or a Mexican car insurance company.
Will my U.S. or Canadian insurance cover me in Mexico?
US and Canadian car insurance companies are not “proof of financial responsibility” under Mexican law. However, there are some U.S. insurance companies that cover damages to your car, for say 20 mile penetration into Mexico, the other guys car is not covered by your US auto insurance company. And this is the reason why U.S. car insurance has to have a liability-only auto insurance from a Mexican car insurance company.
What to do about auto insurance in Mexico?
I would call my current insurance company and determine if it has this policy in affect. I think many southern California companies might. However, if not there are many per diem companies with good reputations that will give you peace of mind.
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