What is auto insurance for tourists in Mexico? It is an auto insurance policy separate from your current domestic policy of your home country, which helps protect U.S. and Canadian drivers in Mexico. Commonly referred to as a Tourist Auto Policy.
Every day there are more expats with properties in Mexico and one of their main concerns is to have the proper coverage to keep their investments protected. Whether you have a single vertical condominium or a stand-alone front beach residence, the following information will be helpful to understand your policy in more detail.
Currently many people buy properties with the main objective of putting them up for rent or rent them when they are not using them. Airbnb is the preferred online booking platform, which offers insurance coverage to both its Hosts and Guests through its AirCover program.
Many people buy Mexican auto insurance at agent offices in the United States or on their websites, trusting that the insurance company in Mexico will provide the local services needed. These agents, for the most part, do not hold insurance licenses in Mexico nor do they have service staff in their own offices in Mexico. This leaves their clients to fend for themselves with insurance companies and the authorities in another country at claim time.
Mexican Health Insurance: Advantages of having your policy with an insurance company registered in Mexico.
Condominium property. Main points of protection to discuss with your administrator and the HOA Mexican insurance.