If you plan on driving your own vehicle into Mexico you are required to have Mexican domiciled Auto Insurance. This is a serious matter.  If you don’t have the insurance your automobile can be seized and you can be put in prison.  Not a fun way to spend a trip.

There are on line insurance sites that allow you to obtain a Mexico insurance policy in just minutes before hitting the road.

There are approximately twenty insurance companies in Mexico that offer auto insurance coverage for tourists. Be careful though.  When you buy coverage from Mexico Insurers, be sure to check the specific A.M. Best rating for that particular insurer.  Even some large Insurance Providers in Mexico have not been rated by A.M. Best Company. You shouldn’t buy coverage from unrated insurers in the US, let alone in Mexico.

Besides checking on line for Mexican auto insurance you may want to check with your own current insurer to see if they can offer special coverage for your trip.  If you are working with a travel agent, get their advice, but be sure to do some comparison shopping to make sure you are getting the most reasonable price.

Taking a trip to Mexico can be fun, but be sure you are prepared so you don’t get any nasty surprises with your Mexico auto insurance.

Technorati Tags: International Auto Insurance, mexico auto insurance

In today’s global market, it is very common for business people to travel and work internationally. International business travel can range from a few days to a few years depending on the situation. The longer stays sometimes require extensive living arrangements, and along with that, the purchase of international auto insurance. Even short visits may require new or additional insurance coverage. When your current insurance company either won’t cover you while abroad, won’t offer international auto insurance or will only offer you limited insurance, it’s important to obtain proper insurance coverage, such as international auto insurance.

Whether you’re renting a car, purchasing a vehicle or shipping your own car to your destination country, you’ll need to have sufficient auto insurance coverage based on the local driving laws and insurance regulations.

What you need to know about International Auto Insurance:

1) You can easily purchase quality international auto insurance even though coverage requirements and laws differ from country to country.

2) You can buy additional auto insurance within your destination country. Although international auto insurance  typically provides enough coverage abroad, some countries require that you purchase specific insurance within the country itself.

3) Rental car companies usually require that you buy insurance through their agencies, but that coverage may not be enough or cover what you’d expect it to (comparable to your current auto insurance). Obtain extra coverage when renting internationally.

4) When traveling as a passenger in a vehicle get additional international auto insurance. In some countries a ride in a taxi can cost you much more than just the cab fare plus tip.  Many countries do not require cab companies (or anyone else) to cover you as a passenger in the event of an accident. If you are in an accident and you are injured, drivers don’t have to pay for your medical costs, so in these cases you need additional auto insurance when traveling as a passenger.

Check out our other posts for more information on international auto insurance.

Technorati Tags: American Auto Insurance, International Auto Insurance