Do You Know About The Necessity For Mexican Car Insurance While You Are Journing To Mexico.

Hi Im an insurance agent and have been for approximately 15 years now. As an insurance agent I can see a lot of accidents after the fact, and I could share some extremely unusual stories with you. I have sold every type of insurance : auto, home, business, life, health, disability, etcetera, and I are at present selling Mexican car insurance.

Insurance in Mexico is a touch different animal than it is in the U. S. , as there are some coverage restrictions that somebody from the U. S. wouldn’t expect to encounter. Below I have listed just one or two of these differences, and please dont confuse this with a total list of all the differences, as there are too many to list.

• • Need combined single limit policy – no split limits
• • Exclusions for vandalism and partial theft
• • Travel Assistance

Now I want to scribble a bit about what exactly is combined single limit insurance. This alludes to the responsibility policy limit only. It does not affect the actual damage coverage for you auto. Now, I know that I just lost some people, because they didnt understand what I just claimed. Liability alludes to damage that you cause people and their property and therefore are legally obliged to pay, and the limit of responsibility on the policy is simply the maximum amount that the insurance company will pay with no regard for the quantity of damages.

combined single limit coverage is terribly helpful in Mexico due to the restricted amount of bodily injury claims. You are not legally liable for pain and suffering in Mexico. The sole bodily injury claims that are paid are for hospital bills and other direct reimbursement payments, and that implies that the amount of insurance that you need to purchase for bodily injury accidents is considerably reduced. A lot of the limit should be available for property damage claims. The spilt limit that is utilised in the U. S. severely boundaries the quantity of coverage available for property damage claims and is therefore inappropriate for use in Mexico.

A holiday will last from 1 or 2 days to a few weeks, but the memories will last a whole life. I really hope that you like your vacation, and you purchase Mexican car insurance before your trip.