West Coast Global Insurance Services

 If you plan to take your yacht to Mexican waters, you must have yacht liability insurance issued by a Mexican-domiciled insurance provider to cover potential third-party damages. If you get involved in a boating accident in Mexican waters or ports, you must have proof of financial responsibility — just as you would if you were in a car accident in Mexico. You could face harsh consequences if you do not have adequate coverage, such as hefty fines, impoundment of your yacht, and even imprisonment. What Mexico Yacht Liability Insurance Covers Mexico yacht liability insurance  protects you against legal liability resulting from accidents caused by your yacht’s maintenance, use, or ownership. This includes legal liability protection for personal injuries and property damage, as well as bail bonds and legal defence in the event of such claims. What Mexico Yacht liability Insurance Doesn’t Cover Most yacht liability insurance policies do not cover damage to or theft...

  Let's face it: Mexican boat liability insurance isn't as widely talked about as Mexican car insurance. That is why we are here to answer any questions you may have about buying Mexican boat liability insurance. Q1. Do I need to buy Mexican boat liability insurance? Yes. Liability insurance is legally required for any watercraft cruising or sailing in the Mexican waters. Liability coverage protects you from any lawsuits and out-of-pocket expenses if your boat causes damage to other watercraft, docks, marinas, or people. And, because your U.S. insurance will not be valid in Mexico, you must have Mexican boat liability insurance underwritten by Mexican insurance providers. Q2. What is covered by Mexican boat liability insurance? Mexican boat liability insurance is similar to Mexican car insurance in many ways. There are two types of policies available: Liability-Only and Hull & Liability Coverage or Full Coverage. Mexican liability insurance covers the losses and c...

  Many people aspire to own Mexican real estate. The beautiful weather, laid-back culture, and excellent food make it the favored destination for Americans and Canadians to buy a second home or retire. A key element of becoming a happy homeowner in Mexico is ensuring that your investment is fully protected from any uncertainties. The best preventative approach is to buy proper property insurance in Mexico . Property insurance in Mexico may differ from your home country, and some features that you may assume are standard may not be covered under a Mexican policy. Furthermore, the policy wording will differ, though many insurance agency, such as West Coast Global Insurance, who has been providing insurance policies catered to the U.S. and Canadian Nationals in Mexico since 2004. Don’t worry! The Mexico Insurance Policies they provide are written under the provision of the Mexican law. Which Structures are Covered? Because many homes in Mexico are made up of multiple structures, such...

  Liability coverage for all types of insurance in Mexico has become significantly more crucial due to recent changes in Mexican law. Plan to explore the waters of our neighbour to the south this year with your boat or watercraft? You must buy Mexican boat liability insurance — it is often necessary at marinas in Mexico before you can moor or launch a boat. What Does a Mexican Boat Liability Insurance Cover? Your liability exposure in Mexican territorial waters is not covered by the boat insurance policy you purchased in the U.S. or Canada. If you plan to navigate your boat in Mexican waterways, ports, or marinas, you must carry boat liability insurance underwritten by a Mexican insurance company. Mexican boat liability insurance covers civil liability for third-party property damage and/or physical injury — i.e., damage to other vessels, docks, or marinas as well as injuries to other people caused by your boat. A comprehensive Boat Insurance policy will also cover your boat ...