One of the last steps we have to do is buy our car insurance policies for Mexico, Central America and South America. Turns out that this is an easy process. All the insurance can be bought online and the policies are emailed to you. Mexican insurance is instant; Central & South American insurance takes about 10 days. We will still have to buy individual policies at the borders of Belize, Colombia, Costa Rica and Nicaragua.
We are getting our insurance from Insurance Consultants International – ici
You can get Mexican insurance by the day, week, month or year but the cost is pretty much the same. Our vehicle is over 12 years old so we can only get liability. The policy covers roadside assistance and all the regular insurance things.
Our quotes are:
Month: $241
6 Months: $253
Year: $289
Central & South American insurance takes about 10 days because you need to complete a simple form and email it to the insurance broker. He sent us a quote within an hour. Once we picked the policy (6 months), the insurance broker sends it to be underwritten and that takes about a week. Again, we can only get liability.
Quote for Insurance ~~~~~~~~~~~~
Good morning Mark & Michele,
First it is a pleasure meeting you, secondly, thank you for allowing us to
assist you with your Int’l Insurance needs.
For a Liability Only Policy, which also includes $500,000 Combined Single
Limits coverage (that is the amount of $ available to you to pay for any
damages, or Bodily Injury you may have caused a 3rd Party)
It also includes $ 2,000 Medical Coverage for you or passengers of your
vehicle.
For 3 Months it is : $ 329.00
6 Months it is : $ 501.00
That includes the Policy Fee of $ 25
Mark & Michele, Coverage under this policy, excludes Mexico, Belize,
Colombia, Costa Rica and Nicaragua. Physical Damage would still apply, if
chosen, but 3rd Party Liability would have to be purchased at the Port of
Entry of the aforementioned country. This is common, because the countries
that have no coverage would not recognize the coverages of any other
insurance company not domiciled in their respective countries.
First it is a pleasure meeting you, secondly, thank you for allowing us to
assist you with your Int’l Insurance needs.
For a Liability Only Policy, which also includes $500,000 Combined Single
Limits coverage (that is the amount of $ available to you to pay for any
damages, or Bodily Injury you may have caused a 3rd Party)
It also includes $ 2,000 Medical Coverage for you or passengers of your
vehicle.
For 3 Months it is : $ 329.00
6 Months it is : $ 501.00
That includes the Policy Fee of $ 25
Mark & Michele, Coverage under this policy, excludes Mexico, Belize,
Colombia, Costa Rica and Nicaragua. Physical Damage would still apply, if
chosen, but 3rd Party Liability would have to be purchased at the Port of
Entry of the aforementioned country. This is common, because the countries
that have no coverage would not recognize the coverages of any other
insurance company not domiciled in their respective countries.
In respect to Mexico, if you go online to our site at www.mxici.com, you can
attain a quote for the Mexico coverage, which is mandatory if you wish to
purchase the Central America policy. You can choose the Liability Only
policy for Mexico by choosing the 0 Value: Liability Only option in the
Vehicle Value drop down field on the Quick Quote screen.
Thanks again, and please convey which length of term you wish to have for
the Central America, and feel free to call with any questions about both
these products.
Best regards,
Gary W. Dickey
I need insurance for my car in central america..i already have mexican auto ins