Mexican Auto Insurance: Is Electronic Or Paper The Better Kind?

Author: Linden Gray..
Source: articledashboard.com

There is a HUGE difference regarding Mexican Auto Insurance policies and the kinds of electronic policies found across the World Wide Web.

Paper policies, on the one hand, are done in the traditional way by agents in small insurance offices and mailed to Mexican through the regular postal system.

This means the agent prepares the policy by hand and makes a trip to the post office to mail your policy to Mexico. Often, agents will wait until there are several policies that need to be mailed before they go to the post office with them. Though this saves the agents time and money, it means that your policy will take a bit longer to get to Mexico.

On top of this, it may take up to 10 days for the batch to get past customs & reach Mexico City, where most of the major insurers are located. Then it must be processed and entered into their master computer database manually one at a time.

What will happen if you have an accident during a weekend trip when nearly all insurance agents are unavailable and the ONLY establishment that will react is your insurance company?

In the United States, there is a law called the English Common Law. However, in Mexico, they follow a law founded on the principles of the Napoleonic Code.

In general this means that in Mexico you are considered guilty unless proven innocent. Technically a traffic accident is a felony and the authorities will hold you until you produce a valid Mexican insurance policy or pay for the damages that you have deemed to have caused with payment due from you on the spot.

Don’t count on your car insurance from home to protect you, it is worthless in Mexico. Because the police will keep you in jail until you can verify you have or can get the funds to pay the damages they say you caused, it is vital that your insurance coverage can be confirmed by the insurer quickly.

An electronically created policy is made available to the personnel working in the insurance claims department 24 hours a day and are downloadable for their verification systems within minutes. This process permits a speedy response and verification while you are enjoying a vacation.