U.S. vs Mexican Auto Insurance
A lot of American citizens are under the impression that their U.S. vehicle insurance policies will cover them south of the border. Unfortunately, this is not always the case. While some U.S. insurers will offer limited coverage for trips beyond the border, it's important to understand the limitations of these policies.
In most cases, it's best to purchase Mexico car insurance from one of the providers near you before crossing into their territory. This will enable you to be fully covered and travel with no worries. Read on to learn about the main differences between U.S. and Mexican policies.
Does my U.S. insurance cover my car in Mexico?
If you're planning on traveling south of the border by car, it's important to understand your insurance needs and the differences between U.S. and Mexican policies. Here are the main differences between the policies in the two states.
Third-Party Liability Coverage
All Mexican policies must include third-party liability coverage. This coverage protects you if you're involved in an accident that causes injury or property damage to someone else.
In the Mexican state, you're liable for any damage or injuries caused by your vehicle, even if you didn't cause the accident. Avoid the mistake of not checking if this is included in your policy. Without third-party liability coverage, you could be on the hook for thousands of dollars in damages.
Physical Damage Coverage
If you plan on driving around as a tourist, it's also a good idea to purchase physical damage coverage. This type of coverage is not required by Mexican law, but it can help protect your vehicle if it's damaged in an accident.
Physical damage coverage includes collision and comprehensive coverage, which can help pay for repairs if your vehicle is damaged by an act of nature or vandalized.
Uninsured/Underinsured Motorist Coverage
Another important type of coverage to consider is uninsured/underinsured motorist coverage. This type of coverage can help protect you if you're involved in an accident with a driver who doesn't have insurance or doesn't have a policy that can cover the cost of the damages they've caused. Uninsured motorist coverage can help pay for your medical bills and repairs if you’re ever in a situation like this one.
Mexican Auto Insurance Limits
It's important to note that Mexican policies have different limits than U.S. policies. Mexican liability limits are usually much lower than U.S. limits, so it's important to make sure you purchase enough coverage to protect yourself. Mexican insurers may also require that you purchase separate liability policies for any vehicles you own that are registered in the United States.
Where can I find a reliable provider of Mexico car insurance near me?
Oscar Padilla Mexican Insurance is your go-to provider of full-coverage policies for trips to Mexico. Our extensive experience and dedication are evident in the satisfaction of our clients. We have been ensuring that our American clients stay safe during their travels since 1951.
Policies at the border are more expensive and potentially unreliable. With us, you can take your pick from a wide range of policies that can cover everything from medical expenses to car repairs and third-party liability. If you happen to have any questions or concerns, our friendly and knowledgeable staff is happy to assist you.
With us on your side, you can relax and enjoy your vacation. Drive anywhere from The Metropolitan Cathedral to the faraway villages while our policy keeps you and your vehicle safe. Reach out to us today to get started!