If you plan to take your yacht to Mexican waters, you must have yacht liability insurance issued by a Mexican-domiciled insurance provider to cover potential third-party damages. If you get involved in a boating accident in Mexican waters or ports, you must have proof of financial responsibility — just as you would if you were in a car accident in Mexico. You could face harsh consequences if you do not have adequate coverage, such as hefty fines, impoundment of your yacht, and even imprisonment. What Mexico Yacht Liability Insurance Covers Mexico yacht liability insurance protects you against legal liability resulting
November 16, 2021