Congratulations – You are starting an exciting trip to Mexico. You have your vehicle adjustments and all the equipment, now it's time to buy your Mexican travel car insurance. Your Mexican auto insurance coverage decision may be the most important decision you make, but unfortunately this is often one of the most hasty and least research decisions made by many Mexican travelers. Don't be fooled into thinking that all Mexican insurance is the same, because the difference in coverage and benefits may vary greatly between Mexican insurance companies. Although research coverage is not very exciting for most people, this article will show you that if you actually need to use Mexican insurance, 5 to 10 minutes of Internet research can save you thousands of dollars and many people. Depressed time. Pay a loss.
Using Internet Quotation and Buying Mexican Travel Auto Insurance
The vast majority of Mexican auto insurance is now purchased directly from the Internet. There are many websites that sell Mexican insurance, and buying insurance from the Internet makes sense to customers. Would you rather wait until the last minute to buy insurance at the border, or would you like to purchase insurance from your own computer before departing for Mexico? Most customers prefer to take care of their insurance in advance.
The best website to buy Mexican insurance is to provide insurance for several Mexican insurance companies. This allows you to compare purchases through one website instead of filling out multiple quotations on multiple websites. A good Mexican insurance website and a comparative insurance evaluator will save you a lot of time and confusion.
Which websites can be trusted?
Before you get your insurance quote, be sure to find a valid insurance license and contact information. In addition, you may wish to find the "Remaining Line Broker" license number. The Surplus Broker is an insurance broker who has direct contracts with Mexican insurance companies and is licensed to sell foreign insurance in the United States. A surplus broker license is a good sign that the site is operated by a company that specializes in Mexican insurance. If the insurance license is not a surplus line broker license, this means that the website is likely to be operated by an insurance agent sold through a surplus line broker. This does not mean that the products on the site are invalid, but you may not be able to obtain the same level of customer service as a surplus broker that is fully focused on Mexican insurance. You may also want to find a better business listing and some kind of Internet security approval, such as Hacker Safe or McAfee Secure, to ensure that your information is secure in your online transactions.
Looking for Mexican insurance  Once you have chosen the website that sells Mexican travel auto insurance, you will fill out the fast insurance quotation form. Within a minute, you should be able to get a definitive quote and start the benefits of the insurance products offered by the institute. Keep in mind that if you use a website that offers multiple competing insurers under a quotation system (comparative quotation evaluators), this will be a much faster and streamlined process.
Looking for a chart below or above the insurance price, clearly explaining exactly what the insurance limit in Mexico is and what it actually covers. In this chart, you will need to view the following categories:
Deductible: The best Mexican insurance policy will provide a fixed deductible, which means that regardless of the value of your vehicle, the deductible will be Locked in the set amount is. Some of the cheaper policies will deduct the deductible based on a certain percentage of the vehicle's value. If the value of the vehicle is less than $20,000, the percentage-based deductible may be good, but when the vehicle value rises in the range of $30,000 or higher, the percentage-based deductible may be very high. If the site does not explicitly list the deductible, you should not use the site!
US hourly labor rate for US or Canadian maintenance: In the past, most Mexican auto insurance companies tried to get customers to repair their vehicles in Mexico. For Mexican insurance companies, repairs in Mexico, not the United States, are usually much cheaper, and many customers are reluctant to park their cars in Mexico, so the company has not paid for these claims. Today, many better Mexican insurance plans allow you to repair your vehicle in the US or Canada if you wish. The problem is that some of the cheaper Mexican insurance plans pay only a limited hour of labor to repair the US (some as low as $20 an hour). This means that the customer must pay the difference in hourly wages from the pocket. The best Mexican insurance plan will pay a very high US labor rate, such as $70 per hour, or that they will pay the current US hourly labor rate. If a claim occurs, these policies can greatly reduce your out-of-pocket expenses. If the Mexican insurance website does not state whether it is allowed to be repaired in the United States or the labor rate per hour, please do not use this website to purchase Mexican insurance!
Intentional vandalism and partial theft insurance: Intentional vandalism and partial theft (meaning that only some cars are stolen, such as tires, door panels, etc.) are generally not covered by standard Mexican auto insurance. In the past few years, higher quality Mexican insurance plans have begun to offer this type of insurance in their enhanced coverage plans. If you want to protect yourself from as much damage as possible, you should look for this insurance.
Limitation of Liability: This is part of a Mexican policy to cover your losses to third parties. This insurance is essential when traveling in Mexico. Most people in the industry believe that liability insurance worth $50,000 may be the minimum you should consider. Some of the best Mexican insurance plans will reach a single limit of $300,000 (one-time property damage or personal injury compensation), but it will also increase insurance premiums. Some customers want to use these higher limits with their US umbrella liability policy. You may want to ask your US insurance company whether your insurance coverage will recognize your Mexican auto insurance as the primary coverage.
Medical Payment: This is the portion of the Mexican insurance policy that pays for your medical expenses. Your passenger (the person inside your car). At $2,000 per person, a total of $10,000 per incident is the minimum you should consider, but many policies will provide even higher limits. If you are hit by a secured uninsured driver, some better policies will increase this amount. You may need to consult your US or Canadian health insurance provider to ensure they are able to pay for the medical expenses incurred during your trip to Mexico. If not, you may also want to study an international health insurance plan – but this is a different topic.
Legal Services: Make sure your Mexican insurance includes legal services or legal aid. This insurance will cover any court fees, attorneys' fees or bail payments caused by a traffic accident in Mexico. The service will also send a legal representative to hold hands through any legal process. This kind of insurance is absolutely necessary, so don't buy any Mexican auto insurance that doesn't include this insurance!
Road Assistance: Most of the better Mexican insurance companies will include a certain degree of road assistance, including trailer fees, flat tires, locksmiths and other services. This is a good report, so make sure this is included in your Mexican insurance policy.
Medical evacuation: As the Mexican insurance market becomes more competitive, many Mexican operators are now bundled with additional special insurance to make their products stand out. This is incredible value and convenience when your Mexican auto insurance automatically includes medical evacuations. In the event of a “severe illness or injury,” this insurance will coordinate and pay for air or land ambulance services. This means a life-threatening or very serious illness or injury. Buying a medical evacuation plan yourself usually costs hundreds of dollars a year, and there are usually many restrictions. A premium Mexican auto insurance plan bundled with medical evacuation insurance will automatically cover multiple people in your tour group and can accommodate up to four or more people. Make sure to find the number of people covered by medical evacuation. If the number of people covered is not listed in the insurance quote details, it can be assumed that the medical evacuation may only cover the driver. Other sites do have sites that specifically cover 4 or more people in the tour group, so it's highly recommended that you look for sites that offer a wider range of medical evacuation services.
Airfare Ticket Home: Many other great benefits. A better Mexican insurance website offers tickets that go home if your car is stolen or unable to drive. This can save you thousands of dollars and alleviate the need to coordinate the nightmare of returning home from Mexico. If you offer this offer, be sure to check the number of people who will provide the airline ticket for this policy. If the ticket to go home is not listed, or if the site does not specify the number of people covered, you should check other sites. Some websites do offer insurance for four or more people for your tour.
If you have any questions, please call the website customer service phone for assistance
A reputable Mexican insurance website will encourage you to call its customer service department if you have questions about Mexican insurance. If no one answers the call, or if you don't call back within a few minutes (normal business hours), you may not want to buy insurance from the site! Most Mexican insurance websites are like ATM machines. If you want to write your own policy, the website is for your convenience, but you are also welcome to call the website customer service insurance agent and ask the agent to write a policy for you by phone.
If you check each of these insurance and website features to purchase Mexican auto insurance on the Internet, be sure to purchase the best insurance for your situation. If you need to file a Mexican insurance claim, a five to ten minute study can save you thousands of dollars and hours (if not weeks) of headaches. Be safe and have fun in Mexico!
Source by Jeff Nordahl