

When many people buy a house or condo in the Yucatan Peninsula and are ready to move, either full-time or part-time, to their new home in Mexico, they will bring their vehicle with them.
However, many are surprised to learn, or don’t realize until it is too late, that although their Canadian or U.S.A. auto insurance policy may be comprehensive, it will not fully cover you in Mexico.
This is because Mexican law stipulates that for auto insurance in Mexico to be legally recognized and accepted, it must be issued by an insurance company that is licensed in Mexico.
So, while your foreign policy may be very comprehensive, it cannot legally provide liability coverage in Mexico.
Essentially, in the case of an accident, while your policy may cover your own damage, your foreign insurance policy will not cover your liability to others while driving in Mexico.

Not only is this a serious concern that could end up costing you a great deal of money in restitution and legal fees, drivers involved in serious accidents in Mexico are usually arrested pending investigation if they are not able to produce proper, legal insurance.
There are numerous reputable car insurance agencies in Mérida, Yucatán, Cancún and Riviera Maya. Be sure to shop around to find one that is fully licensed and able to provide liability, legal counsel and bail-bond (in the off-chance that you should ever need it).
Having good car insurance in Mexico means one less thing to worry about, so you can get back to the business of enjoying the incredible Mexican lifestyle in your tropical dream home.
Source: http://tropicasa.com/
Comments
more recommended stories
Xcaret postpones the 14th edition of the Sacred Maya Journey
The return of the traditional Sacred.
A woman is crushed to death when a tree falls on top of her car on the Mérida-Valladolid highway
A strange accident happened on Thursday,.
With these local flowers, you help prevent the loss of bees in Yucatan
Every May 20, World Bee Day.
Face-to-face courses return to La Ibérica de Mérida; they will celebrate a big event on Sunday
On Sunday, May 22, the Centro.
Construction worker arrested for sexual abuse against a maid inside a hotel in Tulum, Quintana Roo
The municipal police of Tulum, in.
Yucatan is about to receive the first cloud of dust from the Sahara desert in 2022
A cloud of dust from the.
Yucatecans seek to sell one ton of Cochinita Pibil and 6 thousand panuchos in Mexico City
With the “Yucatán Expone” program, Yucatecan.
Mérida Municipal Police officer returns wallet to owner with more than 5 thousand pesos
The Mérida Municipal Police agent Roberto.
Man sentenced to 32 years in prison for homicide in Mérida, Yucatán
After being found criminally responsible for.
Yucatan registers over 60 infections by Covid in 24 hours
On May 19th, the administration of.
Leave a Comment