Originally posted by Pescador
I must be the only retired insurance guy on the board, but I get a big kick out of all the postings that tell how nice someone is or how easy it is to
get a policy online, but the real test of the policy is to compare your coverages. I do a comparison chart when I shop policies to see who has the
best coverage for liability limits, who covers legal and what amount, what is the cost for extra coverages like trailers or boats, and etc. It is very
easy to see at a glance who provides the best coverage for the money. Then it gets a little more complicated because some of the companies pay much
better than the others. You can look at AM BEST ratings for each of the companies but this only gives you a general idea of their financial ability
to pay. Over the years there has been a lot of discussion on this board about which companies pay the best and you may get really educated if you
choose to look at the search engine.
All of the Mexican Insurance sold by United States Agents is sold as a Surplus Lines Brokerage which means they are not controlled by the Department
of Insurance in their home state. So if two policies are anywhere close in price and you get a better feel for one of the companies marketing the
Mexican Insurance, for sure go with that. |