FAQ - Mexico Insurance
Frequently Asked Questions About Mexico Insurance
Does my Mexico Insurance policy cover contents?
No it does not.
How much does Mexico Insurance cost?
The average cost for a liability only policy for 25 days - 6 months is $160.00. The average cost for a full coverage policy for 25 days - 6 months is approximately one percent of the value of your vehicle.
What is the average cost difference in the hourly repair rates in Mexico and the U.S.?
In Mexico a Car is $38.00 per hour and a RV is $50.00 per hour. In the U.S. a Car is $50.00 per hour and a RV is $70.00 per hour. The extended policy guarantees the payment of average U.S. labor rates listed here.
What is the difference between standard coverage and extended coverage?
The standard coverage is akin to basic coverage, while the extended coverage is the same as a broadened policy in the U.S. The extended option covers vandalism, partial theft and increased repair rates and increased medical and liability.
Do I need Mexico auto insurance?
The law in Mexico does not require you to have insurance to drive in Mexico - until you get into an accident. Without the minimum liability coverage, you will be taken to jail where the authorities will ascertain your innocence or guilt. It’s a major hassle that can be avoided if you purchase Mexico Insurance.
