The Importance of Mexico Auto Insurance

2007-03-08 10:33:40

( Insurance )



In Mexico all parties that are involved in a vehicular accident are detained in jail while authorities determine who is at fault. The purchase of a Mexico auto insurance policy can help eliminate some, or all of the time that you will spend in jail and cover for certain damages sustained by your vehicle, which can include bodily injury of other parties, damages to a party’s property and damages as a result of natural disasters including hail, earthquakes, cyclones and hurricanes. It also covers for the medical treatment of the driver and a number of passengers. Some policies for Mexico auto insurance cover you against any theft and vandalism, while other policies exclude it. Most policies also include the payment of towing fees to take your damaged vehicle to a repair shop, any roadside and legal assistance.

There are a number of points that you must note when considering car insurance in Mexico. Mexico auto insurance policies can become null and void when the driver is found to be driving without a license, or is found to be intoxicated with drugs or alcohol at the time of the accident. If you are involved in an accident in Mexico, and have other existing car insurance policies for Mexico, you must declare this at the time of the accident. An accident report/claim of the accident or theft of the vehicle must be filed in person in Mexico before the individual leaves the country. Failure to do so can cause a rejected insurance claim. Lastly, in the event that a vehicle is impounded in Mexico, only the registered owner will be allowed to claim the vehicle in person even if the cause of the accident was not your fault.

It is important to note that although your local car insurance policy may cover you up to a certain extent while driving in Mexico it may only cover you up to a certain distance from your country’s border. As a result, you must purchase a liability only policy for coverage in Mexico to supplement your existing policy.


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