Flagstaff, Arizona (PRWEB) November 01, 2011
Mexpro.com, a leading provider of insurance for Mexico, released today a list of tips and updates regarding driving to Mexico this winter season. Millions of Snowbirds and Hispanics drive to Mexico during the winter months to vacation and to visit family. Below is information for those driving to Mexico this winter.
New Vehicle Import Rules:
1. Mexico has implemented a new policy for the issuance of temporary vehicle permits. The fee for importation of a vehicle is $44.00 USD plus IVA; this fee is the same whether the permit is obtained at the border, through consulates or online. For more information visit: http://www.banjercito.com.mx/site/siteBanjer/Bicentenario/iitv/instruccionesIITV_ing.html and http://blog.mexpro.com/raechel-runnings-tips-on-crossing-the-border-and-traveling-in-mexico-care-free.
2. A guarantee deposit for the return of the vehicle to the U.S., regardless of the form of payment, will be applied to all vehicles. The amount of the guarantee will be determined by the year of the vehicle. The guarantee will be refunded upon cancellation of the permit at the Banjercito offices, as long as it is prior to the expiration date of the permit. The refund will be made in the same form as the deposit was made.
- 2007 - Newer $400 USD
- 2001 - 2006 $300 USD
- 2000 - Older $200 USD
3. If the vehicle is not returned to the U.S. prior to the expiration date on the permit, or the permit is not canceled upon exiting Mexico, the guarantee deposit will be forfeited.
Mexico Insurer Solvency & Financial Conditions:
There are less than 20 insurance companies in all of Mexico who offer Tourist Auto insurance coverage.
When buying Mexico insurance coverage, it is important that you check the specific A.M. Best rating for that insurer. Some large Mexico insurance providers have not been rated by A.M. Best Company. You should never buy your coverage from unrated insurers in the U.S., let alone Mexico.
For a complete listing of Mexican insurer's financial results, please visit http://www.Mexpro.com. Mexpro.com represents only carriers (or their parent companies) who maintain an A.M. Best A rating or better.
Gas Prices Less in Mexico!
Although U.S. gas prices have taken a dip, gas prices in Mexico continue to be far less. Since Mexico regulates gas through Pemex, their lone gasoline distributor, the gas is the same price whether you fill up in Cancun or Tijuana. For Snowbirds and others traveling to the interior of Mexico this winter, the savings can add up to hundreds of dollars! Gas prices in Mexico remain under $ 3 per gallon.
If you're crossing the border, keep in mind that you must carry auto insurance for your vehicle. Go to http://www.Mexpro.com for all your Mexico insurance needs.
International Insurance Group, Inc. (http://www.iigins.com) is one of the leading providers of Specialty Personal Lines insurance in the U.S., with niche products for Auto, Home and Watercraft insurance in Mexico, and Manufactured Home, RV, and Vacant and Rental Dwelling insurance in all 50 U.S. states.