Do You Really Need Mexican Boat Liability Coverage?
Do you need Mexican boat insurance coverage if you plan to bring your boat to Mexico? The short answer is Yes. Mexican boat liability insurance is mandatory for any boat, yacht, or wave runner operating in Mexican territorial waters or entering Mexican ports. Your boat insurance coverage in the U.S. or Canada is not valid in Mexico. You must have boat liability insurance in Mexico, just as you must have Mexican auto insurance—even if you only plan on taking a weekend trip. Say you are involved in a boating accident in Mexican waters and end up damaging other vessels, docks, or marinas or injuring a third-party individual. In that case, you must either take full financial responsibility for the damages or injuries or get covered by a valid insurance policy. Failure to meet this legal requirement could result in the impoundment of your boat as well as incarceration under Mexican law. Fortunately, online Mexican insurance is reasonably priced. The premiums are a mere por...