Insurance

Mexico Insurance, Why the Internet is BEST?

We asked one client what he thought of buying Mexican Car Insurance at one of the booths, gas stations, or roadside stands along the border.

This is what he said:

“I’ve driven in Mexico for years. Most vacationers plan their trip, drive to the border and then remember that they need to by car insurance …then they proceed to buy their policy at the closest roadside stand. It’s the same as buying meat and groceries at Mobil or a local mini-mart… your selection is limited, and you don’t have any way to search the insurers or the policies that sell at the border. It’s hit or miss… the coverage is not standardized, you wonder what you just bought, AND many times you are asked to pay whatever the market will bear Fees! It’s just smarter to buy it before you leave!”
San Diego, CA Resident

Also consider this: There is a LARGE difference between paper generated Mexico insurance policies and electronic Internet Mexican Insurance Policies.

Paper policies, are done in the old traditional way by agents throughout California, Texas, and Arizona in local insurance offices or at the border and mailed to Mexico, often through the regular postal US system.

Basically, an insurance salesman will manually fill out the paperwork, make a trip to the post office, and mail your policy to Mexico. To cut back expenses, it’s not unusual to see an agent delay posting policies until a dozen or so have been sold. This means that your policy could be waiting for a couple of days before it is mailed.

Next, it can take upwards to a week for the batched lot to get past customs and make it to Mexico City, where nearly all of the major insurers are located. Then your policy is entered into their computer information processing system manually.

Internet driven auto insurance is a far better method of quickly notifying your insurer and distributing policies to you quickly by internet site, E-mail or by fax so YOU BENEFIT.

The real question is what happens if you have an accident and the insurance company doesn’t have physical evidence of your policy within their system? What happens if you cause an accident on a weekend or at night? Most insurance brokers work 5 days a week?

Since you need to stay at the accident scene and report all accidents while in Mexico, and most auto accidents are adjudicated within hours, having physical possession of your Mexico Insurance certificate, which needs to be verified by each insurer, is important.