Definition - What does Mexico Insurance mean?
Mexico insurance refers to auto insurance coverage for people who drive their vehicles into the country of Mexico. Since many standard auto policies only provide coverage within the United States, this coverage is recommended for anyone who regularly drives across the border into Mexico or who plans to do so for a vacation.
Insuranceopedia explains Mexico Insurance
Different insurance companies offer different types of Mexico insurance coverage. For example, in addition to standard automobiles, some auto insurers may also offer coverage for RV's and motorcycles.
Rates can be affected by various factors, including how long the policyholder will be in Mexico and whether or not they need coverage for theft and vandalism.
Some insurers will only offer coverage for areas that are within a certain amount of distance from the U.S. border (for example, 50 miles).