Are you traveling to Mexico on vacation sometime soon? Unfortunately, your existing car insurance doesn’t cover you once you cross the border. Thankfully, you have a secondary option–a special kind of insurance designed specifically for international travel. Here are three tips from our AFI Insurance in Denver, CO team for purchasing Mexican specialty insurance.
Tip #1: Read Your Coverage Options Carefully
The insurance process in a foreign country like Mexico is much different than the one you are probably used to. That’s why it is so important to read your coverage options carefully. Make sure you select a high enough limit to cover you in the event of a serious incident and know whether your policy covers theft and vandalism, as not all do. Also, recognize that Mexican insurance deductibles are often listed as a percentage of the vehicle’s value instead of a set amount.
Tip #2: Consider Purchasing Legal Aid and Travel Assistance Coverage
Similar to purchasing car insurance in the United States, there are multiple different add-ons to consider buying. The two most important are legal aid and travel assistance coverage. Legal aid helps pay for any defense costs if you are arrested or detained while in Mexico. Travel assistance helps you continue the trip or return home if your vehicle is unrepairable or stolen.
Tip #3: Remember to Report Accidents Before Leaving Mexico
If you’ve encountered a situation that warrants using your policy, make sure you file a claim before leaving Mexico. An adjuster must see the damage before you return to the United States or it might void the policy.
Ready to learn more about Mexican specialty insurance or other types of coverage? Contact our AFI Insurance team today to schedule your appointment. We proudly serve the Denver, CO area.