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New company page on LinkedIn.

DriveMex Mexican Auto Insurance

 

DriveMex.com - News Release


DriveMex.com have setup a new company page on LinkedIn. The page is intended to help provide a central reference for people about our site and our services.

DriveMex.com is one of the oldest sites on the internet selling Mexican Insurance.

Not only does it sell Mexican Auto Insurance but it also sells Mexican Homeowners Insurance and Mexican Watercraft Liability Insurance.

We have setup a special deal with our Mexican Homeowners Insurance company. Customers who buy Mexican Homeowners Insurance from this Mexican homeowners insurance company qualify a discount on Mexican Auto Insurance.

Yet another example of how DriveMex is working to hep you save money and get quality insurance at the same time.

To see our LinkedIn page follow the following link DriveMex

 

 

Also worth noting:

Mexico City's try to improve road safety.

Mexico City is now will require people to pass a test before issuing a drivers license. Up until now anyone could get a driver’s license if they supplied an official ID, proof of residence and a small fee.

The new law adopted on July 14th, requires new drivers to pass tests a vision test, a driving skill test and a test of the rules of the road. Drivers who are renewing their current licenses will not be required to take these tests.

The purpose of the new law is to restore the value of the driver’s license as an indicator that drivers have the rudimentary skills and ability to drive safely on the roads.

This new law is part of a comprehensive transport program signed into effect by Mexico City's Mayor Miguel Angel Mancera, and is expected to come into force in November or December.

 

July 1, 2014
Higher Mexican liability limits required
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News Release to All prospective clients of DriveMex.com


 

Increased 3rd party liability for accidents deaths benefits in Mexico

The Official Journal of the Federation, published on November 30, outlined amendments to Article 502 of the Federal Labour Act by increasing the amount of compensation payable in the event of being found liable for the death of a third party.

There has been an increase in the number of days used to calculate the amount from 730 days to 5,000 days.

By applying the current minimum wage, this results in a increase in the compensatory amounts for liability arising deaths from 590,068 pesos to 3.7 million pesos.

The article applies to all people, with or without insurance, if they cause someone's death, so it is important that you make sure that you have adequate third party liability limits on any policy you buy. This would include: Mexican Auto Insurance, Mexican Watercraft Insurance and Mexican Homeowners Insurance.

It has been suggested that this could cost Mexicans buying auto insurance in Mexico could be 200 and 500 pesos per year, representing a small increase in premiums. It has yet to be seen if this will have any impact on Mexican tourist auto insurance.


Based on US$ / MX Pesos Conversion rate of 12.50
 
Compensatory Calculations MX Pesso US$
Old 590,068 47,205
New 3,700,000 296,000

Based on this change, we strongly advise against buying liability limit on any Mexican Insurance policy you buy of less than $300,000 and due to the potential that more than 1 more person is killed in in an accident, we strongly suggest considering buying $500,000 limits.

 

 

What can happen if you don't get a Mexican Temporary Vehicle Import Permit (TVIP)!

Here is a sad, frustrating and confusing situation in which a fellow drove his motorcycle into Mexico without getting a Temporary Vehicle Import Permit.

Everything went fine for 5 months while there were not problems. Then he had an accident! Everything went downhill from there!

Not only was his bike damaged but he was hospitalized. Hope he had travel health insurance. Hope he had Mexican Auto Insurance in case there are any liabilities arising from his accident. On top of all that, the police have impounded his bike so he can't see his bike. He can't repair his bike etc until he gets an import permit!

Click this link to see his post.

 

 

November 1, 2013
Mexico Insurance - Expanded Mexican Insurance Information - Resources
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News Release to All current and former clients of DriveMex.com

 

With the approaching holiday season, we are pleased to announce that we have added a great deal of information to our website. Our goal is to:

  • Enable you to be as fully informed and you would hope to be.
  • Consolidated and re-organized all relevant  information so it is consistently presented and easier to find.
  • Link relevant support information to each product so you can find the right information when you need it.
  • Provide clear comparison tables to help you decide which product best fits your needs:
    • To compare and contrast the differences between insurance companies policies at the same product level: Standard and Deluxe.
    • To compare and contrast coverage differences between Standard and Deluxe.
    • To highlight in more detail what is covered by the mexVisit optional add-on cover.
  • Provide clear sample comparison pricing tables to enable you to decide on the level of coverage you plan to buy even before you obtain your tailor made quote based on your specific details.
    • Compare Standard and Deluxe pricing by insurer.
    • Compare pricing based on the level of Liability Limits available.  Limits available are from $50,000 to $500,000.
    • Compare the cost for adding the MexVisit optional add-on.
    • Compare the impact of percentage deductible and fixed deductibles based on vehicle value.

And there is so much more. Please visit our site and consider DriveMex.com when it comes time to buy / renew your Mexican Insurance policy.


Please also Google+ while you are on our site.

Brought to you by the Sales Manager at DriveMex.com

Sales@drivemex.com

Issued by: Peter Bassel

January 1, 2014
New List of Mexico Insurance Mobile Print Locations
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News Release to All current and former clients of DriveMex.com


 

DriveMex is please to announce the initial mobile enabled maps to help its clients to find DriveMex Policy Pickup Locations.

Our initial map is temporary and will be replaced by a permanent map directly on our site. In the meantime Mobile customers are asked to visit our Google+ page and clicking DriveMex Policy Pickup Locations. This map is mobile ready and has locations listed in California, Arizona and Texas.

Unfortunately, this map does not list individual location fax numbers but it can be confirmed when clients call ahead to confirm location and business hours.

Clients are responsible for printing their own policies. This is very easy to do at home or work where you have a printer connected to your computer but for obvious reasons, its impossible if you are buying your policy with your mobile while already on your way to Mexico. So we developed the DriveMex Policy Pickup Locations. The idea is simple, while you are buying your policy, you can enter a location to fax your policy. SO fax your policy to a location on the road ahead of you on your way to Mexico. Then pick it up and proceed on your trip to Mexico. Nothing could be easier.

Pickup locations are likely to charge a small printing fee for this service but they may waive it if you buy something else while you are in their store.; As mentioned above, it is always best to call in advance to have the correct address, fax number and that they will be open when you get their.

Have a great trip to Mexico.

 

Also worth noting:

 

News New Mexican Insurance Discounts

DriveMex's goal has always been to provide our client with comprehensive information and quality products at a reasonable price. To that end we have:


  • Added MexVisit, an optional extra cover which adds and / or extends travel assistance to that already offered on your Mexican Insurance policy by your Mexican Insurer. The pricing varies, as shows on our sample pricing page but in all cases the added cost of this option is incredibly small.
  • Added an optional 7.5% discount off of your ACE Mexican Auto Insurance pricing if you have bought an ACE Mexican Homeowners Insurance policy.
  • Added a new "Manager Your Account" menu link you directly with the policy administration system. You can now:
    • Go directly to a previously obtained quote to complete the application process and buy a policy.

    • Renew your policy for another year.

    • Cancel a policy in the even of a change in plans, prior to entering Mexico. Return to site to proceed with quote you previously obtained to complete the process and buy your policy.

  • We are also in the process or developing and adding a mobile ready map of suggested DriveMex Policy Pickup Locations. Our initial  temporary map can be accessed through our Google+ page and clicking DriveMex Policy Pickup Locations. This map is mobile ready and has locations listed in California, Arizona and Texas.

And there is so much more.

Please visit our site and consider DriveMex.com when it comes time to buy / renew your Mexican Insurance policy.

Also please friend us on Facebook and g+ so you can find us more easily when you go to buy a Mexican Insurance Policy.

Issued by: Peter Bassel