Why You Need To Know About Mexican Car Insurance

I just wanted to tell everybody about the need for Mexican car insurance and why it is that you need to do some homework. Let me tell you a true story.

Some years ago I sold a motorcycle insurance policy to a man named Bob. He wanted to buy full coverage insurance for his Harley, so I wrote a policy that included comprehensive and collision coverages.

About nine months after the purchase of the insurance Bob had an accident. He laid his bike down in front of and oncoming pickup truck. Bob walked away from the accident with minor injuries, but his girlfriend, on the back of the bike, suffered serious injuries that required many months of hospitalization, and many surgeries. The oncoming truck was uninsured at the time of the accident.

Bob came to me after the accident wanting all of her medical payments to be covered by his insurance. I informed him that his medical payment coverage would pay up to the policy limit of five thousand dollars, and that he had an additional twenty-five thousand dollars in coverage available to her under his uninsured motorist coverage. Unfortunately, her injuries far exceeded her available coverages. Bob was upset that not all of her expenses would be covered.

I asked Bob: Up to what limit he expected the insurance to pay for her medical expenses? His answer was: Whatever is billed, into the millions of dollars. My answer to him was that he needed a health insurance policy not a property insurance policy in order to cover those type of expenses.

Now, what in the world does Bob have to do with Mexican car insurance? Well, Bob had no idea what full coverage insurance was, and most people that buy Mexican car insurance don’t have any idea what they are buying either. You don’t have to be like everybody else in this world. You should find out what it is that you are covered for and don’t end up like Bob.