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Mexico Tourist Auto Policy
This coverage protects you in the event you cause injury or death to another person or damage to property of others. This is an important coverage to protect you when you are at-fault in an accident. Limits for this coverage start at USD $50,000, with higher limits available. Driving in Mexico without Third Party Liability auto insurance is a very risky proposition. Traffic accidents in Mexico are both a criminal and civil matter. By Mexican law, uninsured drivers may be incarcerated and their vehicle may be impounded. Usually, both happen because the police come to the scene of almost all accidents in Mexico. Several states in Mexico have enacted laws that hold at-fault drivers responsible for higher financial amounts than under federal law previously in force. Whereas minimum limits of liability insurance used to be sufficient, we recommend you consider purchasing liability limits above the basic limit of $50,000. If you like additional security, Click here to find out about the Deluxe Policy from Grupo Nacional Provincial (GNP), Plus Package from ABA/GMAC, the VIP Package from Quálitas, the Premier Package from HDI Seguros, or the Platinum Package offered by ACE Seguros (ACE). These broadened policies increase your basic limits of liability from $50,000 Combined to $150,000 from GNP and HDI Seguros, $170,000 from ABA Seguros, $200,000 from Quálitas Compañía de Seguros, or $100,000/$300,000 for Bodily Injury Liability and $100,000 for Property Damage Liability from ACE. This coverage includes damage to your vehicle that occurs in an accident, turnover, glass breakage, and other related coverage. It is subject to the deductible you selected. This is valuable coverage that you should not be without if your vehicle has resale value or if you have a car loan or your vehicle is leased. An explanation of how deductibles work is provided further below. This coverage includes Total Theft of the vehicle as well certain losses caused by forces of nature, such as lightning, windstorm, flood, fire, hail, earthquake, avalanche, etc. The deductible is 5% of your vehicle's value with a minimum of $1,000 for autos and $1,500 for all other vehicle types. Note that Partial Theft and Vandalism are not covered under the basic policy. Partial Theft is covered under the Extended or upgrade Packages, subject to a $1,000 deductible. NOTE: The ABS Seguros, Grupo Nacional Provincial, Quálitas, HDI Seguros, and ACE Extended Packages enhance this coverage. A complete copy of these enhancements is found at the bottom of this page. The standard deductible for vehicle damage or theft in Mexico is a combination of 1.) A deductible calculated as a percentage of the vehicle value, in conjunction with 2.) A minimum deductible amount. For private passenger automobiles, the “Collision” deductible is 2% of the vehicle value, subject to a minimum $500 and the theft deductible is 5% of the vehicle values, subject to a minimum $1,000 for Theft. For all other vehicles types (pickups, SUVs, RVs, motorcycles, trailers, etc.) the percentages remain the same at 2% and 5% but the minimums are $1,000 for Collision and $1,500 for Theft. Following are examples of how the percentage deductible works for two different car values in a “total loss”:
As you can see, the higher the vehicle value, the greater the dollar amount of deductible. Following is an example for a pickup, SUV, or Van valued at $25,000: Collision: 2% of vehicle value with minimum of $1,000: $25,000 x .02 = $500. Since $500 is less than the minimum, the deductible is $1,000 Total Theft: 5% of vehicle value with a minimum of $1,500: $25,000 x .05 = $1,250. Since $1,250 is less than the minimum, the deductible is $1,500. For an additional premium a simple “fixed” deductible option is offered, which replaces the “percentage” deductible, with the fixed amount being $500 for Collision and $1,000 for Theft, regardless of the value or type of the vehicle. This is especially valuable for vehicles over $25,000. The Extended Package offered by ABA/GMAC, Grupo Nacional Provincial, Quálitas, HID Seguros, and ACE automatically includes the “fixed” deductible of $500 for Collision and $1,000 for Theft. Some auto finance companies and leasing companies will not provide authorization to take a vehicle to Mexico unless you purchase the “fixed” the deductible option. Important Note: If you insure a towed unit (trailer, motorcycles, etc.) for Collision and Theft a deductible will apply separately to the towed units. As mentioned earlier, a liability accident in Mexico is a criminal as well as a civil matter. By comparison, except in serious situations, traffic accidents in Canada and the USA are matters of civil law. Legal Assistance coverage will place a Mexican attorney at your disposal in the event you need to deal with authorities following a covered accident. Unlike some Mexican companies, our companies actually provide and pay for professional legal assistance at the time you need it. Other companies are known to require their customer to pay these costs out-of-pocket and then seek reimbursement from their insurer once the matter is resolved. There is peace of mind knowing there will be knowledgeable legal support in Mexico to provide the legal assistance you may need, paid by your insurance company. Travel Assistance is a great help when you need it. Are you aware of the procedures if you lose your passport? Would you like the peace of mind of knowing that towing service for your vehicle or emergency medical assistance is only a phone call away? Travel assistance can help you during these situations. Our companies are there to assist travelers when they need help the most. They will also aid you with travel information, emergency flight/rental car reservations, and emergency roadside towing and assistance. You may never need these emergency services, but if you do, your company will be there to help. When you choose to purchase optional MexVisit Travel Assistance coverage in addition to the regular Tourist Auto policy, your coverage includes not only coverage for your vehicle from Mexico's finest insurers, but also an excellent travel assistance package. MexVisit includes Emergency Medical assistance including emergency air evacuation to your place of origin in the U.S. or Canada, Travel Assistance, and Roadside Assistance. Please scroll further down to read more about this important new coverage, MexVisit . The policy will pay medical expenses of the driver and occupants of the vehicle in Mexico for injuries sustained in a covered accident. Coverage is available for limits starting at $2,000 per person up to $10,000 for all occupants combined. Increased limits to $5,000 per person and $25,000 per accident are included in the special upgrade packages discussed further below on this page. Get a quote from 5 different insurance companies, and purchase your policy now!
When added to your Grupo Nacional Provincial Policy as indicated in the space provided on the face page of your policy, and upon payment of the corresponding premium, this coverage modifies and broadens coverage for damage caused by or to the Insured Vehicle, Third Party Liability, Medical Expenses for occupants of your vehicle, fixed deductibles when your vehicle is damaged or stolen: 1. Partial Theft – Total Theft coverage is broadened to include payment only for theft of parts and accessories that are permanently attached to the insured vehicle, excluding video and sound reproduction and recording equipment such as but limited to DVD players, AM/FM radios, Cassette and CD player/recorders, and CB, UHF, and VHF radios. Personal property or objects contained in the vehicle are expressly excluded. The deductible for partial theft is the same as the deductible amount for total theft as noted in item 2. below. 2. Deductibles – the deductible for Collision and Total Theft are fixed at $500 and $1,000 respectively. 3. Vandalism – Vandalism, meaning willful and malicious damage to or destruction of the insured vehicle, is covered by this broadening endorsement. 4. Increased Labor Cost of Repair – Clause 6. on Page 4 of the Terms and Conditions is modified as follows:
The insured vehicle will be considered a total loss at the option of the Company. The deductible applicable to repairs under this clause are the same as the deductible amount shown on the face page of your policy. 5. Section 3, Civil Liability for Property Damage and for Bodily Injury to Third Parties – The Combined Single Limit for Property Damage Liability/Bodily Injury Liability limit is increased to $300,000. 6. Section 6, Medical Expense for Occupants of the Insured Vehicle – The limit for Medical Expenses is increased to $25,000 per accident. Medical Payments coverage is excluded for motorcycles, thus this Clause does NOT apply to Motorcycles. 7. Deductible Waiver in Accidents with Third Parties at-Fault – In the event that your are not at fault in an accident, supported by the corresponding report issued by the corresponding Mexican Authorities, the Company will waive the deductible applicable to Collision, even if such Third Party does not have any insurance that would cover the accident. The Insured, however, must fully cooperate with the Company in order to retain the corresponding right of recovery against the Thrid Party responsible for the accident. Having an accident involving a Third Party at-fault will not hinder nor reduce, in any amount, the limit contracted for under this policy for Medical Expense for occupants of the insured vehicle.
When shown as covered on the face sheet of the policy, and upon payment of the corresponding premium, this endorsement modifies coverage and limits as follows: 1. Increased Limits
for Civil Liability for Property Damage and for Bodily Injury to Third
Parties 2. Increased Medical
Expenses for Occupants of the Insured Vehicle 3. Guaranteed Bond
and Legal Assistance 4. Increased Cost
of Repair Cars: US $50 Per/Hr 5. Fixed Deductibles 6. Partial Theft 7. Vandalism
1. Partial Theft - Total Theft coverage is broadened to include payment only for theft of parts and accessories that are permanently attached to the Insured Vehicle, excluding video and sound reproduction and recording equipment such as but not limited to DVD players, AM/FM radios, Cassette and CD players/recorders, CB, UHF, and VHF radios. Personal property or objects contained in the vehicle are expressly excluded. The deductible for Partial Theft is the same as noted in item 2. below 2. Deductibles - The Deductibles for collision and total theft are fixed at $500.00 for collision and $1000.00 for total theft. 3. Vandalism – Vandalism, meaning willful and malicious damage to or destruction of the Insured Vehicle is covered by this broadening endorsement. The deductible for Vandalism is the same as for Total Theft, noted in item 2. above 4. Increased Cost of Repair - Clause # 5a on page 19 of the Terms and Conditions is modified as follows: The repairing costs of the Insured Vehicle will be calculated based upon Mexican Labor rates. However, if the insured, with agreement of The Company, may proceed to repair his vehicle at any shop in Canada or the United States. The maximum hourly labor rates to be indemnified will be in according to amounts shown below. Currency is in U.S. dollars.
5. Deductible Waiver in Accidents with Third Parties at-Fault - In the event that you are not at fault in an accident, supported by the corresponding report issued by the corresponding Mexican Authorities, the Company will waive the deducible applicable to Collision, even if such Third Party does not have any insurance that would cover the accident. The Insured, however, must fully cooperate with the Company in order to retain the corresponding right of recovery against the Third Party responsible for the accident. Having an accident involving a Third Party at fault will not hinder nor reduce, in any amount, the limits contracted under this policy for Medical Expense for Occupants. 6. Increased Limits for Civil Liability for Property Damage and for Bodily Injury to Third Parties - The Combined Single Limit for Property Damage Liability/Bodily Injury Liability limit is increased to US $200,000.
HDI Seguros Premier Extended Coverage: The HDI Premier Package includes a special package of features that increase the amount that would be paid in a claim on your behalf or which improve upon the coverage provided in the Standard policy form. The additional coverage provided by the HDI Premier upgrade is as follows: Vandalism: This policy provides coverage for vandalism and is subject to the same deductible as the Theft coverage. Partial Theft: Theft of parts and accessories that are permanently attached to the insured vehicle, excluding video and sound reproducing equipment, personal property, or objects contained in the vehicle. This coverage is subject to the fixed deductible of $1,000 USD for Theft. Fixed Deductibles: The deductible for property damage to your vehicle is $500 USD and the deductible for Theft is $1,000 USD, regardless of the value of your vehicle. Repair Vehicle in U.S.: This is available on each policy and is subject to the scheduled rate of cost of repair. U.S. Labor Rate: Unlike traditional Mexico policies that only pay out according to the current Mexico labor rate, this policy will pay a much higher scheduled labor rate for cost of repair. Cost of Repair: This policy will pay out according to the current US labor rate. Civil Liability: This coverage protects in the event you cause bodily injury or property damage to third parties. Coverage is $150,000 USD Combined Single Limit for damage you cause to others. This does not provide coverage for passengers of the insured vehicle. Bond and Legal Assistance: This policy will pay up to $20,000 USD to assist you in the event you need to deal with authorities following a covered cause of loss. Medical Expense for Occupants: This policy will pay medical expenses at $5,000 USD per person / $25,000 USD per accident, of the driver and occupants of the vehicle in Mexico for injuries sustained in a covered accident. Medical Payments coverage is excluded for motorcycle policies.
When added to your ACE Tourist Auto Policy as indicated in the space provided on the face page of your policy, and upon payment of the corresponding premium, this endorsement modifies and broadens coverage for damage and repair to the Insured Vehicle, Third Party Liability, Medical Expense coverage, and injuries to occupants of your vehicle caused by an at-fault Uninsured Driver, to include the following Covered Losses and Limits of Coverage:
Get a quote from 5 different insurance companies, and purchase your policy now!
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© Mexico Insurance Intermediaries, Inc. (revised April 2010) |
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