Mexican law states that the liability portion of your insurance must be from an authorized Mexican underwriter. This means that although US companies say they cover you in Mexico it is only for phsyical damage to your own vehile (theft, vandalism, collision) and may only be for a limited time.
Finding a respected Mexican insurance company to handle this may sound difficult, the key is that they have underwriters who will be similar to US companies when it comes to paying out a claim.
Grupo Nacional Provincial, ABA Seguros (owned by GMAC) and Genworth (owned by General Electric) are some of the highest rated companies in Mexico. They all boast at least an A- rating from AM Best. AM Best also rates companies in the US (A rated companies in the US include State Farm, Allstate and Progressive, etc).
Yes, many places by the border can sell you Mexican auto insurance, you can also call your agent and he should be able to sell it to you or refer you to someone you can.
Auto collision insurance weiver of deductable
Collision coverage, also known as auto collision insurance, is the part of your auto insurance that most always pays for damages to your vehicle in the case of an accident.
Collision coverage in regards to Mexican Auto Insurance means if the vehicle hits a rock or a tree or is hit by another vehicle your vehicle is covered. In Mexico this generally means "Full Coverage", which also includes theft.
The forthcoming insurance companies offer collision insurances: Insurance4CarHire, Auto Rental Collision Damage Waiver, Rental Cars and the Collision Damage Waiver, etc.
It's called Collision coverage and is usually purchased along with Comprehensive coverage when you buy your auto insurance. If you purchased the collision coverage option when you bought your auto insurance policy it will be covered.AnswerThird party car insurance.
No. Your homeowners Insurance Policy does not cover Auto Collision. You will need to file on your Auto Insurance under your Vehicle Comprehensive and Collision Coverage.
yes
I don't think you can legally. If your car is still being paid for the lien holder requires the collision insurance.
Your auto insurance covers the trailer as well so there is no need for travel trailer insurance.
Assuming that the at-fault driver maintained it at the time of the collision, his/her auto liability coverage would be triggered.
All of them.
Oasis Insurance offers a variety of insurance coverages. These include: Renter, Boat, Mexico Travel, Health, Dental, Vision, Commercial, Auto, and Motorcycle Insurance Coverages.