Insurance
 

Comparison of Mexico Home Insurers Coverage

MexPro Mexico Homeowners Insurance Comparison

Coverage Mexpro Home Insurance Other Mexico Home
Insurance Policies
Insurer ACE Seguros, Member of Multinational ACE Group, rated A+ Vary from rated to unrated
Agent of Record Buy direct, or we will work with your U.S. or Canadian agent Must work directly with local agent in Mexico
Agent Licensing Licensed in every U.S. state Agents typically not licensed in U.S.
Policy Form Broad, Easy to read U.S. style Coverage Forms (HO-3, HO-5) Limited, Inferior Coverage Forms/Difficult to Understand
Dwelling & Contents All Risks/Open Perils coverage available Named Perils customary
Deductible Options Low FIXED deductibles available High, confusing PERCENTAGE deductibles customary
Loss Settlement Replacement Cost available for both Dwelling & Contents Actual Cash Value customary
Hurricane & Earthquake Coverage Available with fixed deductibles and lower co-payments Not always available/high deductibles and co-payments
Electronic Equipment Included in Personal Property Limits Limited Coverage and Special Exclusions for Electronic Equipment
Liability Coverage Easy to Read U.S. Style Coverage forms up to $1 million Inferior Coverage Forms/Difficult to Understand
Renters Liability Included Only by expensive endorsement
Loss of Rental Income 20% of Dwelling Value up to 12 Months Not included or limited to 4-6 months
Homeowners Defense Unlimited 50% of the Liability Limit
Increased Limits on Special Property Available Not Available or subject to many exclusions

By covering your property with the MexPro Home Insurance policy, you will tremendously increase the coverage you currently have from local insurers in Mexico!

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