MexPro Condo Unit Insurance for Mexico

Mexpro.com offers a special Condo Unit Owners insurance policy, which includes coverage for contents and liability, and can also include some coverage for the condo dwelling itself. When insuring your condo, there are some factors that you need to review prior to determining your “condo dwelling” insurable value.

Each condo association in Mexico, similar to in the U.S., is supposed to keep an Association blanket policy that covers the Association property. Typically, the condo association is responsible for insuring the Condo building, common elements such as pools, other structures, and the interior walls, alterations, fixtures, etc.

Some condo association commercial policies, on the other hand, cover very little of the fixtures, walls, alterations, etc., leaving you to cover them on your condo unit owner’s policy along with your personal property and liability. The best place to find out what kind of coverage your condo association commercial policy provides, and therefore what kind of coverage you should purchase, is defined in the association bylaws.

Whether you only need to insure your contents and liability, or if you also need to purchase some limited condo dwelling coverage as we outline above, Mexpro.com has you covered.

If you need coverage for the contents only we offer a competitive program that offers All Risk Coverage on your contents, including theft, with the option of replacement cost. Coverage is also available for some of the hard to find perils such as hurricane and earthquake.

Do you rent out your condo? No problem! We cover rental liability and loss of rents up to the coverage limits or 12 months…most traditional Mexico Home insurers either exclude Renters Liability altogether, or charge an extra premium for it.

Liability Coverage: With MexPro Home, you can expect coverage for third party lawsuits brought against you for incidents that occur on your premises to be very similar to the coverage you enjoy in the USA or Canada. If you rent out your home or condo, we also include Renter’s Liability coverage at no additional charge. Traditional Mexico Homeowners policies either exclude Renters Liability coverage altogether or charge a substantial additional premium for it.