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Author: Subject: Bumpy Road for Mexican Auto Insurers
durrelllrobert
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[*] posted on 8-1-2014 at 11:01 AM


What is the current MINIMUM drivers license liability coverage required by law in Mexico? Some people say $300k but my broker is still selling $50k policies.



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Bichito
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[*] posted on 8-1-2014 at 11:42 AM


The new Mex Fed MINIMUM is the equivalent to $25k US.
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MexicoTed
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[*] posted on 8-1-2014 at 02:44 PM


If you want to talk about reasons people aren't going, among my friends and acquaintances almost all point to the border wait. Both not worth it for a day trip and certainly not worth it to them for a holiday weekend. Fix that and you will have hoards of vacationers.



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BajaGeoff
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[*] posted on 8-1-2014 at 02:45 PM


The minimum liability requirement in Mexico is 25K as Bichito stated. Most agencies sell 50K or higher.

A few years back Mexico increased the liability exposure by about 7 times if you are at fault in a fatality accident. For that reason, most agencies are now recommending getting a minimum of 300K. Again...the 300K is not required, but recommended.

Here is a chart that shows a state-by-state breakdown of the criminal and civil penalties as a result of a fatality accident in Mexico: http://www.bajabound.com/info/statelimitschart.php




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Bichito
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[*] posted on 8-1-2014 at 04:53 PM


Quote:
Originally posted by BajaGeoff
The minimum liability requirement in Mexico is 25K as Bichito stated. Most agencies sell 50K or higher.

A few years back Mexico increased the liability exposure by about 7 times if you are at fault in a fatality accident. For that reason, most agencies are now recommending getting a minimum of 300K. Again...the 300K is not required, but recommended.

Here is a chart that shows a state-by-state breakdown of the criminal and civil penalties as a result of a fatality accident in Mexico: http://www.bajabound.com/info/statelimitschart.php



...and this is why I'm nervous to leave BajaBound... The info and service at BB has always been top notch! Argg but the Costco>BW is quoting soo much cheaper. argh
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[*] posted on 8-1-2014 at 05:06 PM


Bichito: Let's do 7 Sisters this Winter. =)



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BajaGeoff
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[*] posted on 8-1-2014 at 05:09 PM


Can I join the caravan Ateo???



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[*] posted on 8-1-2014 at 05:13 PM


Quote:
Originally posted by BajaGeoff
Can I join the caravan Ateo???


Heck yeah Geoff. I'll keep you posted. Always good to have another vehicle.

And I'll be renewing my Tundra insurance next week.....just FYI.




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BajaGeoff
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[*] posted on 8-1-2014 at 05:13 PM


Quote:
Originally posted by MexicoTed
If you want to talk about reasons people aren't going, among my friends and acquaintances almost all point to the border wait. Both not worth it for a day trip and certainly not worth it to them for a holiday weekend. Fix that and you will have hoards of vacationers.


Ted...this thread started back in 2010....tourism has improved a lot since this article was first posted. We are as busy as we have ever been, but I agree...the border waits have been terrible and definitely a deterrent lately. SENTRI has even been long!




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Bichito
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[*] posted on 8-1-2014 at 05:15 PM


Ateo I'm in & I'm going to hold you to it!
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BajaGeoff
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[*] posted on 8-1-2014 at 05:15 PM


Sounds great Ateo!



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Ateo
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[*] posted on 8-1-2014 at 05:26 PM


Quote:
Originally posted by Bichito
Ateo I'm in & I'm going to hold you to it!


I promise this year I'm down. Give me a date and I'll make it happen. Need to try out that new vehicle you have.




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puzzled.gif posted on 8-1-2014 at 09:25 PM


Geoff -- I never thought to ask...let me know if there is a Nomad discount?? Annual policy w/ Sentri. PM or post. Thx :?:
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BajaGeoff
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[*] posted on 8-4-2014 at 09:21 AM


Hello Bichito,

No Nomad discount, but we do have a discounted policy for SENTRI card holders. Click on the link for info and to get a quote: http://www.bajabound.com/info/policies/sentrisaver.php




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[*] posted on 8-4-2014 at 10:02 AM


Quote:
Originally posted by soulpatch








The only thing that kept me out of baja more regularly when I lived in San Diego was the thought of being stuck northbound at the border for hours.... it completely blew our daytripping out of the water....







With you on that, came back yesterday, Sun. 11 am, SY, 3 1/2
hr., reg line, I actually thought 3 1/2 wasn't too bad. Noticed
the kiosk drive in Ins/Exchange place at the foot of the Outlet
Mall, has for their reg policies $500, 000 libility, probably
excessive, that border wait takes it out of me. There were TJ
cops walking thru the traffic coming back, looking for, I assume, Gringos
drinking in vehicles, they appeared to get a couple guys
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elgatoloco
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[*] posted on 8-5-2014 at 02:25 PM


Viva Baja Bound!
Viva Sentri!

Can someone post gps to 7 sisters. :saint:

Let me know when. See you there. :dudette:

We still day trip often.




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David K
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[*] posted on 8-5-2014 at 03:14 PM


Quote:
Originally posted by elgatoloco
Viva Baja Bound!
Viva Sentri!

Can someone post gps to 7 sisters. :saint:

Let me know when. See you there. :dudette:

We still day trip often.


No GPS! Woody wouldn't speak to me ever again... :lol:


However, non-Nomad sources make maps that point out what they call the Seven Sisters...









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[*] posted on 8-5-2014 at 06:40 PM


Quote:
Originally posted by BajaGeoff
Hello Bichito,

No Nomad discount, but we do have a discounted policy for SENTRI card holders. Click on the link for info and to get a quote: http://www.bajabound.com/info/policies/sentrisaver.php


Thank you. The real differentiator is the ability to repair your vehicle in the US.. Qualitas doesn't offer that (at least through Costco>BW)
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Ateo
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[*] posted on 8-5-2014 at 06:54 PM


Hey Geoff. I need to renew maņana or Thursday at the latest. What's the quickest way for a guy with a Bajabound account to get this Sentri discount? If walk thru a renewal online will it apply the savings?



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bajaguy
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[*] posted on 8-5-2014 at 06:57 PM


Quote:
Originally posted by Ateo
Hey Geoff. I need to renew maņana or Thursday at the latest. What's the quickest way for a guy with a Bajabound account to get this Sentri discount? If walk thru a renewal online will it apply the savings?





Yes. Just have your SENTRI card number when you renew on line......easy squeezy




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