Under Mexican law, motorists are required to have insurance, or “proof of financial responsibility”, in the event of an accident, even if you did not cause it. As a foreigner traveling in Mexico, the only way of demonstrating this financial responsibility is to have sufficient real currency to cover damages, or an insurance policy from a Mexican company. U.S. or any other non-Mexican insurance does not cover your liability for potential accidents, nor does it fulfill the basic requirement for insurance according to Mexican law.
Will my U.S. or Canadian insurance cover me in Mexico?
Policies from U.S. and all other non-Mexican insurance companies are not considered “proof of financial responsibility” under Mexican law. While a few major U.S. insurance companies cover damages to your own vehicle in Mexico up to a small distance south of the border (usually no more than 25 miles), they do not cover damages to other parties. This is why any U.S. policy must be accompanied by at least a liability-only policy from a Mexican insurance company.
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