You would be surprised that many new home & condo buyers in Mexico neglect to insure their investment the day they take possession of their most valuable asset in Mexico. When purchasing a home or condo in Mexico Insuring your investment is just as important in Mexico as it is in the United States or Canada. The same exposures and more exist in Mexico as they do in any other part of the world. Insuring your property in Mexico should be part of your budget when planning to invest in Mexico. Securing the insurance for your home or condo in
Comprehensive Global Medical Insurance Protection & What You Need to Know When Living in Mexico!
Many individuals and families move to our neighbor to the south for many reasons, including great weather, beautiful beaches, a relaxed lifestyle, lower living costs, and — of course — more affordable healthcare. Unfortunately, many expatriates in Mexico have learned that, while healthcare is relatively less expensive in Mexico, a catastrophic event can nonetheless cripple your financial condition if you are not covered properly while traveling or living in Mexico. The Healthcare System in Mexico: An Overview The Instituto Mexicano del Seguro Social (IMSS) is Mexico’s federal government healthcare program — and it is pretty similar to Medicare and Medicaid.
Does My Mexico Home Insurance include Coverage for Natural Disasters?
If you own a property in Mexico, a Mexico homeowners Insurance policy is critical to safeguard against threats such as the potential damages caused by natural disasters. But which natural disasters are/are not covered by a Mexican homeowners’ insurance policy? If you have a Mexican Home Insurance policy, you have coverage to safeguard your home against damage caused by covered events known as “insurance perils.” However, there are limitations to that coverage that may necessitate add-on or separate coverage. Also, Mexican homeowners’ insurance will NOT cover damage to your vehicle caused by a natural disaster even if it is parked
Do You Need Homeowners Insurance in Mexico?
Owning a home is one of the most important investments a person will make. Ask yourself? What do we do for things that are important to us? We take care of them and protect them. With potential hazards that may arise unexpectedly, a Mexico homeowners Insurance policy provides protection to secure your most valuable assets, which will of course include your property in Mexico. Once you have 100% ownership of your home, securing the insurance becomes even more crucial for your financial protection. Your home is the first line of defense against various threats. So, buying a Mexico home