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Showing posts from May, 2021

Do You Need Homeowners Insurance in Mexico?

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  Owning a home is one of the most important investments a person will make. Ask yourself? What do we do for things that are important to us? We take care of them and protect them. With potential hazards that may arise unexpectedly, a Mexico homeowners Insurance policy provides protection to secure your most valuable assets, which will of course include your property in Mexico. Once you have 100% ownership of your home, securing the insurance becomes even more crucial for your financial protection. Your home is the first line of defense against various threats. So, buying a Mexico home or condominium insurance policy is extremely important to protect against threats such as the potential damages caused by natural disasters like earthquakes, catastrophic coastal storms like hurricanes, as well as various other risks, including fire, theft, accidents, vandalism that can cause property damage. Without a doubt, breathtaking views and comfortable living spaces make life worth living in ...

Is Liability Insurance Included with Rental Cars in Mexico?

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  The insurance laws in Mexico work a little differently than what we may be used to in the United States or Canada. The straightforward answer to whether or not Mexican liability insurance is included when renting a car in Mexico is YES! Rental cars are already insured by the Rental car agencies you rent the vehicle from. You simply cannot rent and drive a car in Mexico without paying for Mexican liability insurance. So, when you check out Mexico car rental quotes online, you might find ridiculously cheaper rates at a glance. The prices you see online exclude the Mexico insurance charges and other fees that are charged upfront. When you check out and receive the final bill to pay, most are unpleasantly surprised at the massive increase in daily rate. By Mexican law, liability coverage is always included in the standard rental price. These standard Mexican liability policies do not provide coverage for fender-benders. The standard or basic coverage may be inadequate and leave you a...