Our pick: Baja Bound, the licensed broker SmartGringo links to.
Getting cheap Mexican car insurance online can be a great way to save money while protecting your vehicle while traveling in Mexico. However, it can be overwhelming to navigate the various options and policies available. Here are six tips to help you get affordable Mexican car insurance online.
- Compare quotes from multiple insurance providers One of the best ways to get a cheap Mexican car insurance policy is to shop around and compare quotes from multiple providers. Different insurance companies offer different policies and rates, so it is important to do your research and compare rates and coverage options.
- Purchase coverage online before you leave Purchasing coverage online can often be cheaper than purchasing it in person or over the phone. Online insurance providers may offer discounts or special rates that are not available through other channels. Buying online at home lets you read the policy terms before you commit, instead of deciding at the border.
- Compare liability limits Third-party liability is the part federal law requires on federal roads (Ley de Caminos, Puentes y Autotransporte Federal, art. 63 Bis). Baja Bound's FAQ says it offers a range of liability limits; compare the premium at each and pick the limit that protects what you own.
- Consider a higher deductible A higher deductible can also help you save money on your Mexican car insurance policy. A deductible is the amount you pay out of pocket before your insurance coverage kicks in. Baja Bound's quote offers two deductible levels (see our dated record on the price table); compare the premium at each, and make sure you can afford the deductible if you need to make a claim.
- Purchase insurance for a shorter period of time If you are only traveling in Mexico for a short period of time, consider purchasing insurance for a shorter period. This can help you save money on your policy, as you will only be paying for coverage while you are in the country.
- Look for discounts and promotions Finally, be sure to look for discounts and promotions that may be available through different insurance providers. Baja Bound's auto page lists a Baja & Sonora Saver, a SENTRI Saver and a Casa Saver; ask whether you qualify when you quote.
Taking your own car? See what your cover costs.