The cost of car insurance can be prohibitive for many people, and if you are a visitor to Mexico or any other Latin American country, you may wish to investigate the possibility of obtaining Mexican car insurance for Canadian tourists. Mexican insurance companies often offer insurance at much more affordable rates than in North America, and the quality of coverage offered can be very good as well. However, before you purchase your Mexican insurance, it is important to ensure that you follow some simple guidelines to make sure you purchase a policy from a reputable Mexican Insurance Store, rather than a fraudulent Canadian company.
Get Mexican Car Insurance
One of the first things you should do is make sure that you do not purchase coverage that is not offered by your Mexican Insurance Store. Many insurance companies in Mexico are simply ripping you off, but they do not have an official government license in your own country, so you may think that you are purchasing insurance from a recognized authority when in fact you are buying insurance from a rogue corporation. Also, if you purchase coverage from a Mexican company, you will need to ensure that the Mexican Insurance Store is also an authorized dealer in Canada. Not all companies will honor the transfer of your Canadian registration. If you cannot verify this, you may be wasting time and money on a product that will not work in your country.
Once you have found a reliable Mexican Insurance Store that has both recognition in Canada and Mexico, you should ask about the types of plans they offer. Many plans focus on providing temporary coverage during your trip, while others may offer coverage after your trip and in some cases, even longer. You should consider whether you require extra coverage, as well as the price of this coverage. There are many plans that can be very affordable, and you may wish to get a few different quotes to ensure that you are getting the best price possible.