Tips on Securing Your Vacation Home in Mexico

 Now that you have bought the Mexican vacation home of your dreams, it is time to look for a Mexican home insurance policy to secure your investment. Unforeseen losses may occur anytime due to burglary, vandalism, fire, flooding, or a natural disaster. Vacation homes are more likely to suffer losses because many property owners prefer to stay in Mexico for a couple of months and leave the house vacant for the rest of the year.

Condos account for a significant fraction of the properties owned by foreigners in Mexico — in this instance, the condo association should have a blanket insurance policy to cover the entire property complex, communal areas, fixtures, and amenities. It is critical to review your Mexico Condominium Insurance policy outlined in the condo rules and evaluate the coverages included to protect your condominium.

In addition to buying Mexico Property Insurance, here are a few other helpful tips for keeping your Mexican property safe while you are away.

  • Check with your Mexican Home Insurance provider first to see the requirements or restrictions for keeping a home empty for an extended period.
  • Hire a reliable property manager.
  • Put up your unit for rent — condo owners can use the rental pools or hire a professional property manager to look after their house while they are gone. Make sure to inquire about Mexico Renters Insurance or Short term vacation rental liability insurance.
  • Inform the security guard of your absence if your condo is in a gated community.
  • Make sure the house is well-kept and does not look deserted.
  • Switch off the gas and water supply.
  • Install deadlocks on all windows and doors.
  • Set up light timers to give the impression that someone is at home.
  • To avoid power surge damage, unplug valuable devices such as televisions and PCs.
  • During the hurricane season, which runs from May/June to October each year, have someone drop by to ensure no water damage and run the air conditioning unit and air out the home since mold can grow in such a humid atmosphere.
  • Fumigate before you leave to prevent termites, ants, and roaches from infiltrating your home while you are away.

You and your Mexico property deserve the most comprehensive protection to cover all the what-ifs. When you are unsure how much coverage you need, consult with a reputable insurance agency like West Coast Global Insurance. Fill out their Mexico Home & Condo Insurance Online Application to get a quote for the best Mexico home insurance policy for your needs.

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