What is Mexico Watercraft Liability Coverage?

If you are a boat owner planning to take your vessel across the border into Mexico, you will want to make sure you have Mexico Watercraft Liability coverage in place. This coverage provides financial protection should your vessel cause property damage or personal injury while your boat is in Mexican waters. Let's go over what this coverage entails and what happens if you do not have it.

What is Mexico Watercraft Liability Coverage?

Mexico Watercraft Liability coverage is a type of Mexican boat insurance specifically designed for individuals operating boats or other watercraft within Mexican waters.

This type of coverage protects you from third-party liability claims and other financial losses that may arise if you are found responsible for bodily harm caused to another person while your boat is in Mexican waters. This coverage will typically cover the medical expenses, rehabilitation costs, and lost wages of the injured person—as well as legal defense costs, court judgments, and settlements resulting from a lawsuit. This coverage can also provide you with coverage for damage you may have caused to another boat or other property.

Ultimately, Mexico Watercraft Liability coverage is an important form of protection for all boat owners who plan to cruise in Mexican waters. It can help you avoid financial hardship if you are ever held liable for damage or injuries caused by your boat while on the water.

What Happens If I Don't Have Mexico Watercraft Liability Coverage?

You could face some serious financial consequences if you don't have Mexico Watercraft Liability coverage.

For one, Mexican law requires proof of financial responsibility in the event of a boating accident—this is typically done by showing authorities your Mexican insurance policy. Without proof of coverage, you could be fined, have your boat impounded, and even spend time in jail until you prove you were not at fault.

Not having Mexico Watercraft Liability coverage can also lead to expensive damages if you are involved in an accident. Without liability coverage, you will be held liable for property damage or personal injury resulting from your actions. This could potentially leave you with large medical bills or costly repairs to your boat and other property that may have been damaged.

Finally, without Mexico Watercraft Liability coverage, you will not have access to legal aid if an accident should occur while you are in Mexican waters. If you are found at fault, you will have to handle all of the legal proceedings on your own, which can be a stressful and expensive endeavor.

By investing in Mexico Watercraft Liability coverage, you can avoid these financial risks and ensure that you are well-protected while enjoying the waters of Mexico.

Final Thoughts

When planning a boat trip to Mexico, it is vital to consider purchasing Mexican Insurance online. It is important to understand that Mexican watercraft liability insurance provides zero coverage for your own hull and is only a 3rd party liability policy. A Mexico watercraft liability policy excludes Hull protection for your boat or yacht.

With this protection in place, you can enjoy your time on the Sea of Cortez knowing that you are protected by a policy written by a Mexican carrier.

West Coast Global Insurance Services has made it easy to protect yourself against the unexpected with their quote & apply to buy now online system. Visit our website here to learn more about our options and to get a quote for the best online Mexican insurance policy you can buy!

West Coast Global Insurance Services is dedicated to continuously researching our industry for the most comprehensive, best-priced insurance policies available in Mexico.