Mexican vs. U.S. Boat Insurance: Key Differences

 If you are thinking of cruising your boat down to Mexico, you need to take care of insurance beforehand. While boat insurance is optional in many U.S. states, it is a legal requirement in Mexico. Continue reading to learn more about how boat insurance policies differ between the two countries.

U.S. coverage ends at the border.

Any good U.S. boat insurance will include protection against hull damage, liability claims, towing expenses, medical costs, and coverage for uninsured boaters. But once your boat is in Mexican waters, that coverage becomes invalid.

Mexican law requires all boaters to carry liability insurance from a company that is licensed in Mexico. Without valid Mexico boat insurance, you could face fines of several thousand pesos. You could also have your boat impounded, get turned away at Mexican marinas or ports, and get into serious legal trouble if there is an accident.

Don’t assume that you are fully covered.

Many U.S. boaters are used to insurance policies that cover just about everything. However, in Mexico, most plans are liability-only, so they only cover injuries or damage you might cause to others while operating your boat. If you want to protect your own boat from theft, damage, or other non-liability risks, you will need to add separate endorsements.

Make it easy on yourself.

Buying your Mexico insurance online through a U.S.-based agency like West Coast Global Insurance Services can give you a real advantage. You can customize your policy based on your boat type, duration of stay, and budget. 

Get your Mexico boat insurance quote today.

If you are heading south with your boat and want insurance that gives you the best protection, West Coast Global Insurance Services can help you. They are a US-based agency that works with top-rated insurance companies licensed in Mexico, and they can help you find a plan that is perfect for your needs and budget. You can request a free Mexico boat insurance quote by clicking this link or by visiting www.westcoastri.com.

 

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