Hurricane Financial Protection in Mexico
Prepare financially before the next named hurricane impacts your region. Benefits are based on the category of a qualifying hurricane entering your covered zone, not a traditional damage adjustment process.
A Different Type of Hurricane Preparedness
Hurricane season can affect far more than buildings. A major storm may interrupt business operations, delay construction projects, disrupt marina activity, affect vacation rental income, create unexpected expenses for homeowner associations, impact transportation routes, and place financial pressure on individuals and organizations throughout an entire region.
No Underwriting
Benefit options can extend up to $7,000,000 MXN without traditional underwriting requirements. Higher limits may be available with underwriting approval.
No Adjusters
The benefit is not based on a traditional property damage adjustment or claims inspection process.
Category Based Benefit
The payout structure is tied to the strength of the qualifying named hurricane entering the covered zone.
Special Client Benefit: West Coast Global Insurance Services is currently able to offer a 5% premium discount on qualifying Hurricane Financial Protection memberships.
How the Program Works
- Select your covered hurricane zone.
- Choose your benefit level.
- A qualifying named hurricane enters the covered zone.
- The hurricane category determines the benefit percentage.
- Funds may be used based on your financial needs following the event.
How the Hurricane Category Determines the Benefit
The payout structure is tied directly to the strength of the storm.
| Hurricane Category | Program Example Payout |
|---|---|
| Category 2 Hurricane | 10% |
| Category 3 Hurricane | 50% |
| Category 4 Hurricane | 75% |
| Category 5 Hurricane | 100% |
Available benefit options can extend up to $7,000,000 MXN without traditional underwriting requirements. Based on recent exchange rates, this represents approximately $380,000 to $400,000 USD of potential financial protection, depending on currency fluctuations.
Higher benefit limits may also be available subject to underwriting review and approval.
Who Can Consider This Protection?
This program may be appropriate for a wide range of individuals, businesses, and organizations that could be financially affected by a hurricane.
- Homeowners
- Condo owners
- Boat and yacht owners
- Marina operators
- Homeowner associations
- Property managers
- Vacation rental agencies
- Real estate agencies
- Real estate developers
- Hotels and hospitality businesses
- Restaurants and retail businesses
- Construction projects and contractors
- Farms and agricultural operations
- Transportation and logistics companies
- Schools and educational organizations
- Churches and religious organizations
- Nonprofit organizations
- Business owners in coastal regions
What Can the Funds Be Used For?
Property Related Costs
Funds may help with hurricane deductibles, emergency repairs, debris cleanup, property restoration, or temporary relocation expenses.
Business Interruption Concerns
Funds may help address income loss concerns, payroll obligations, project delays, operational interruptions, or unexpected business expenses.
Community and Organization Needs
Funds may help homeowner associations, schools, churches, nonprofits, and other organizations manage financial pressures after a qualifying hurricane event.
Available Hurricane Zones
Coverage may be available in designated coastal regions including Los Cabos, Puerto Vallarta, Riviera Nayarit, Acapulco, Puerto Escondido, Cancun, Cozumel, Playa del Carmen, Tulum, and Merida or Puerto Progreso.