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If you plan on sailing or cruising while in Mexico, you should also plan on purchasing boat insurance. This type of liability Insurance is called boat liability insurance, yacht liability insurance or watercraft liability insurance. By whichever name you know it, Mexico requires liability coverage for boats and yachts, from a Mexico-domiciled insurance company, just as it requires for autos.
Boat liability insurance protects you from legal liability from accidents which result from the maintenance, use, or ownership of your boat or yacht. This includes protection from legal liability for bodily injuries, damage to someone else's property, bail bond and legal defense in the event of such claims.
Our boat and yacht liability insurance policies provide coverage throughout Mexico. Novamar Insurance offers professional services, and our staff of English-speaking professionals can provide you with free quotes on our various policy options.
Policies are underwritten by ABA Seguros, Mexico. ABA Seguros is part of the ABA Group of Companies, a global insurance company established in 1985, with 15,000 employees in 53 countries around the world.
Annual premium for boat liability insurance in Mexico begins at about US $195.
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Boats registered outside of Mexico also need to apply for a temporary import permit. This is true for cars visiting Mexico as well, except for visits by car limited to the Baja California peninsula.
Our travel plans in Mexican waters may require you to obtain Mexican immigration paperwork.
With the proper boat liability insurance plan in Mexico, you can enjoy all the beautiful features Mexico has to offer. Sail on your boat or cruise on your yacht with peace of mind knowing you’re properly prepared for any sort of emergency or situation.