Mexico Insurance Coverage Comparisons
When it comes to insurance there two important factors: coverage and cost. Mexican Auto Insurance is no different. Mexpro offers a number of policy options to ensure you can find a policy that fits your needs.
Mexpro represents several insurers and each offers two types of policies: liability only and full coverage. The full coverage policy offers the best level of coverage available on the market, while the liability only policy provides the minimum required by law in Mexico. Below find the breakdown of coverage options and limits offered by each company.
|Full Coverage||Liability Only|
|Company||ABA Seguros||El Aguila||GNP||ABA Seguros||El Aguila||GNP|
|A.M. BEST Ranking||A+||A-||A-||A+||A-||A-|
|Parent Company||Chubb Group||Great American Insurance Company||Grupo Bal||Chubb Group||Great American Insurance Company||Grupo Bal|
|Collision, Turnover, Glass Breakage
|Up to the value appearing on the declarations page, not to exceed Market Value*
(Subject to $500 deductible, $2000 for ATV/UTV).
|Third Party Liability Coverage||$500,000||Choose between $50,000, $100,000, $300,00 or $500,000|
|Medical Payments**||$15,000 / $75,000||$15,000 / $75,000||$30,000||N/A|
|Medical Payments** when damaged by Uninsured Motorist||$15,000 / $75,000||$15,000 / $75,000||$30,000||$10,000 / $50,000||$10,000 / $50,000||$5,000 / $25,000|
|Legal Assistance/Bail Bond||$500,000||$500,000||$50,000||Up to the Liability Limit ($50,000, $100,000, $300,00 or $500,000)||Up to the Liability Limit ($50,000, $100,000, $300,00 or $500,000)||$30,000|
|Travel/Roadside Assistance||MexVisit® Travel Assistance|
|Theft (Section II includes Fire, Natural Phenomena)||$1000 Deductible, $2000 ATV/UTV||$1000 Deductible, $2000 ATV/UTV||$500 Deductible, $2000 ATV/UTV||N/A|
|Partial Theft/Vandalism||$500 Deductible, $2000 ATV/UTV||N/A|
|Increased U.S. Labor Rates (for U.S. Repair)||$100 for all Vehicles||$100 for all Vehicles||Car, Van, Moto - $50
SUV, Pickups - $55
RV - $70
All others - $50
|GAP Coverage||Up to 15% above Actual Cash Value||N/A|
|Extension of Liability to Towed Units||YES||N/A|
|Physical Damage for Registered Off-Road Vehicles||YES||N/A|
|Collision Deductible Waiver When third party at fault||YES||N/A|
* Market Value is equal to the Private Party Value as determined by Kelly Blue Book.
** Motorcycle insurance policies DO NOT include medical payments for any drivers or passengers.