Mexican Auto Insurance

Mexican Auto Insurance Coverage - Peace of Mind while Traveling!Have you ever wondered why you should purchase insurance for your automobile in Mexico? It would be a good idea to do so as US issued policies are not legally useful in Mexico. To help make sure that you are in the clear and covered in the event of an accident, you must have an admitted and recognized insurance policy issued by a genuine Mexican insurance company.If you're driving in, you can buy your car insurance online. Both ACE and ING offer some pretty affordable Mexican insurance policies. Many of these policies include the necessary facets of car insurance, like medical payments and roadside service. Some even provide rental cars for those who get into accidents in Mexico!Many times during the winter months, Canadians or other northern visitors decide to spend at least part of the cold weather in Mexico. Without knowing that the insurance policy they have is not legal in Mexico, they could face some serious consequences should they become involved in a vehicle accident.Full coverage Mexico insurance is important as well. It covers total theft, fire, lightening, and other weather related catastrophes like hurricanes and earthquakes. You may want to buy specific endorsements for additional coverages when available, but most exposures Mexican insurers are willing to provide are covered by this broader form of Mexican insurance.Victims of car accidents in Mexico MUST report the incident to the appropriate authorities before returning home. If you fail to notify your insurer and submit an adjusters report, you run a serious risk of a denied claim as your insurance company is not required to pay the claim.You should also know that auto accidents in Mexico are viewed as a felony. Mexican authorities have the right to impound your car and keep you in custody for as long as they desire. Therefore, driving in Mexico with legal assistance and bond coverage is highly recommended. With ACE Seguros and ING Seguros, a lawyer is hired through your insurance company to assist in any negotiations associated with your release from custody. They will also work to have your car released as well.There are numerous insurance salesmen offering policies online for trips to Mexico. Most travelers find buyinf from the internet the easiest approach, as buying insurance at the border is often expensive and frustratingas its easy to become confused.Often, you do not receive what you believe you are purchasing and the worst moment to learn about the fine print and lost details is after a car accident has taken place. If you plan to rent a car with US plates for your trip, don't forget Mexican insurance is available for car rentals too for less than the rental company will charge. Always inform the rental company that you intend on traveling to Mexico.If you have an older car you may wish buy liability insurance, similar to that purchased in the US. Anybody over 21 years of age with a valid license can use the policy. Driver's license policies are an optoion as well because the coverage applies to multiple vehicles.Mexican insurance customs and laws are different than generally accepted practices that Americans and Canadians follow. Your freedom and the possession of your vehicle is based upon payment of whatever damages they feel you have caused others or until you are considered innocent. For example, if you are part of a vehicle collision, you are held in custody until you pay the total cost of damages. Purchase from specialist providers like mexicaninsurancestore.com Auto accidents in Mexico are considered your fault until a judge is able to rule otherwise.