Insurance Planning - Boat Insurance

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Nadya Belkin Support Manager

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Boat Insurance

As a boat-owner, it’s important to be fully covered in case of an emergency. We offer the best policies for Americans and Canadians living in Mexico.

There are 2 types of boats that are insured: boats that are up to 26 feet L.O.A. (Length OverAll), and boats that are 27 feel L.O.A. Those are referred to as yachts. The main difference is that in these two instances, the vessels are ‘boats’ and not ‘ships’.

As a boat-owner, it’s important to be fully covered in case of an emergency. We offer the best policies for Americans and Canadians living in Mexico.

There are 2 types of boats that are insured: boats that are up to 26 feet L.O.A. (Length OverAll), and boats that are 27 feel L.O.A. Those are referred to as yachts. The main difference is that in these two instances, the vessels are ‘boats’ and not ‘ships’.

Boat Insurance

Types of Insurance

Boat Liability
Boats are required to have liability insurance in Mexico, just like cars are. Our coverage is provided through ABA Seguros. The courts and authorities of Mexico only accept liability coverage that is from Mexican insurers. It acts proof of civil financial responsibility. For example, if your yacht or boat insurance is written outside of Mexico, our coverage picks up in Mexican waters where your liability drops off.

Marine Insurance
This type of insurance is used for recreational boaters shipping their vessels over land. The coverage is provided for overland trucking risk.

Mexican Registered Boat & Yachts
Our insurance coverage, underwritten by AXA Seguros, is available for any vessel, located anywhere in Mexico.

Coverage Features:

  • Removal of debris
  • Risks of overland trucking
  • Personal damage or loss of property
  • Disability and medical due to accident
  • Legal expenses and costs
  • Medical coverage per passenger
  • Full coverage of collision damage
  • Expenses to repatriate crew
  • Quarantine expenses (excludes crew salaries)
  • Property damaged by third parties
  • Non-employee guest third party liability
  • Towed water sports protection and indemnification
  • Net losses created by medical emergency course deviation

Mexico travel during covid

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Is it possible to stay social distancing at Tolantongo while staying safe? In this article, we explore the history of this resort. We also discover what it’s like to travel through Mexico during covid-19 era. Traveling through Mexico during covid can be scary, but Tolantongo can keep you safe. Click here to learn more!

Regarding PA Group Leaving the Insurance Market

We have been getting a lot of questions from people—many of whom are not our clients—about one of our insurers: PA Group. We have decided to release a public blog post about what we know in order to help answer everyone at once.  In Short:   We have officially received notice last week that PA [...]

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Whether or not you have ever tried eating grasshoppers, you should probably ask yourself, “What are chapulines, and should we all be eating them?” Eating chapulines could be a sustainable food for the future. In this article, you’ll learn both sides of the argument. Click here to learn more!

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