Why Purchase Mexico Hurricane Coverage Now?
It’s best to purchase Mexico hurricane coverage well before storms start to brew.
This year's Atlantic and Pacific hurricane seasons are already under way. In the first week of August we saw the category 1 hurricane, Earl, bring serious rainfall to eastern Mexico causing landslides, resulting in numerous fatalities.
Meteorologists are anticipating the 2016 Atlantic hurricane season could end up being one of the most powerful in years, with a possibility of up to 7 more hurricanes before the season ends. Several storms are expected to reach category 3 status or worse.
Based on what may be in store this year, now is the time to start making preparations to protect your property in Mexico. Keep in mind that common practice for Mexico home insurance companies is to require mandatory waiting periods for hydrometeorological coverage. The waiting periods, which are typically around two weeks, prevent securing hurricane coverage at the last minute, when a storm is about to make landfall.
If you already have Mexico homeowner’s insurance, but for some reason decided not to purchase hydrometeorological coverage, you may still have the option to add the coverage to your policy. You'll want to contact your agent to see if you qualify, and you’ll still have to undergo the full mandatory waiting period, starting at day one.
If your home or condo in Mexico is currently uninsured; it really doesn’t make sense to put off purchasing a policy till later. You can easily get an online quote through Mexpro and obtain coverage now.
If you have questions about covering your Mexico home or condo, or if you'd like assistance setting up a policy, please contact our team of licensed, knowledgeable, helpful agents. You may also call us toll free at 888-723-4617.