Mexpro.com Mexico Insurance April 2012 Newsletter
Last month, we discussed the fact that we were hearing from many families who had not visited Mexico in years, but were planning to go again this year for Spring Break and Easter. It looks like folks are indeed starting to drive to Mexico again in large numbers. Our March sales were up nearly 20% from a year ago. Thanks for the business!!!
If you are one of the thousands of customers who visited Mexico in March, we would like to hear from you. Please let us know how your trip went. Where did you go? How much did you save on gasoline? Any great hotels, restaurants, or activities you would recommend? Did you experience any security issues? Please email your trip reports to us at email@example.com, and we will post your reports on our Blog. Some of you may be surprised to know that President Obama's 13-year-old daughter, Malia, also spent her Spring Break in Mexico as part of a school trip to Oaxaca...Malia, if you want to send us a trip report, please do so!
In other news, tens of thousands of American families will be visiting Mexico for Easter, to visit relatives and/or spend Easter vacationing in Mexico. We have included some great information on Easter and Semana Santa traditions in Mexico.
On March 20, there was a 7.4 magnitude Earthquake that struck Mexico, in the states of Guerrero and Oaxaca. Nearly 800 houses were destroyed, and the insured damages are estimated at $100 million. Our hearts go out to those families impacted by the quake, and this also serves as a reminder that many areas in Mexico are susceptible to Earthquake damage. MexPro's Homeowners and Condo Unit Owner Insurance policy is written just like a USA policy, and we offer Mexico Earthquake insurance in all parts of Mexico. To get a quote now, visit www.Mexpro.com. More on Mexico Homeowners Earthquake insurance coverage below.
In Mexico Auto Insurance News, the 2011 Mexico Tourist Auto Insurer Financial results were recently released by the Mexico Insurance Association. Some highlights of the report:
- Premiums decreased by 21% in 2011, due to fewer US and Canadian tourists driving to Mexico.
- Claims and loss ratios also decreased slightly.
These decreased premium sales results are not surprising given the perfect storm impacting the numbers of foreigners driving into Mexico over the past several years, including the US recession, passports becoming mandatory for land travel, and the fear of being impacted by cartel violence in Mexico. Surprising to many, however, will be the fact that while total premium sales decreased; loss and claims ratios did not increase. The lack of an increase in losses indicates to us that it is just as safe as it has historically been for American and Canadians to drive in Mexico, from a claims standpoint.
In 5-minutes you can quote, print and purchase your online policy...and be ready for your trip to Mexico.
www.Mexpro.com reminds purchasers of insurance for Mexico to research the insurance companies from whom they buy coverage. Mexpro.com only represents Mexican insurers who are AM Best rated, or who have parent companies, which carry an AM Best Rating.
If you need help, our professional staff is here to help you. Visit our site today at www.Mexpro.com or contact us by phone at 888-467-4639.