- Insurance from a Mexican company is required by Mexican law in the event of an accident, even if you are not at fault.
- A Mexican Insurance policy greatly reduces the chances that you will face jail time, and limits the financial burden you might come by after an accident.
- A Mexican Insurance policy provides coverage for damage to your vehicle or its total loss.
cover your liability for potential accidents, nor does it fulfill the basic requirement for insurance according to Mexican law.
Will my U.S. or Canadian insurance cover me in Mexico?
Policies from U.S. and all other non-Mexican insurance companies are not considered "proof of financial responsibility" under Mexican law. While a few major U.S. insurance companies cover damages to your own vehicle in Mexico up to a small distance south of the border (usually no more than 25 miles), they do not cover damages to other parties. This is why any U.S. policy must be accompanied by at least a liability-only policy from a Mexican insurance company.