Five Reasons Why Mexico Watercraft Liability Insurance is Important in Mexico
If you’re planning to drive your boat or yacht while you’re in Mexico, then it’s only wise to obtain Mexico watercraft liability insurance. You never know when something could go wrong and the last thing you want to have to worry about after an accident is paying out of your own pocket for the damage caused. With Mexico boat insurance, you can avoid this problem. Having Mexican yacht insurance comes with a lot of great benefits. Here are a couple of reasons why you should obtain Mexican boat insurance before navigating your watercraft south of the Border.
Your American Boat Insurance Won’t Cover You
One of the top reasons why you should get boat insurance in Mexico is to ensure that you are covered in the event that damage is caused or someone gets injured. If you have U.S. watercraft insurance, this won’t be of much use to you while you’re in Mexico, because most policies won’t cover you outside of the United States. You can find Mexican Yacht insurance that will give you the benefits needed to financially secure you in case of an emergency.
It’s required by Mexican Law
Just as you’re expected to have automobile insurance in America and Mexico, the same goes for Mexico boat insurance Riding your boat in a Marina without liability insurance in Mexico is against the law. Not only could you be fined, but you could be thrown in jail as well, especially if you caused injury or damage with your boat. Make sure to obtain this before you bring your boat to Mexico, just in case.
Your Boat Could Get Impounded
Without liability insurance in Mexico, your boat could end up getting impounded after an accident. The fees for this could be more than you’d like to pay. You can avoid this altogether by insuring your boat with Mexican insurance.
You Won’t Have to Pay Out of Your Pocket
When you don’t have Mexican boat insurance, you could end up having to pay for damages or injuries caused out of your own pocket. In most scenarios, you will be arrested and won’t be released until a financial agreement has been made between both parties. This is a headache that you don’t have to go through. Not to mention, corrupt police officers may try to bribe you out of the situation. Overall, the damage to your bank account could be avoided.
Save You from Non-Insured Boaters
If an uninsured boater collides into your boat and causes damage and injuries, you can be sure that your boat will be repaired when you have the right Mexico boat insurance. You can find plans for full coverage in this matter, rather than just liability boaters insurance. If you don’t have insurance and neither does the boater, you could end up paying for the damage out of your own pocket.
We are always here to help YOU secure the proper coverage for your boat and provide the peace of mind you deserve.