Buying Tips for Online Mexican Auto Insurance

There are many companies in Mexico for general insurance as well as auto insurance and other goods. The policies are high yielding, secure and reliable. The returns are high. The premium is also low.

The Mexicans live peaceful lives after insuring themselves and their goods, for example houses, cars, home appliances and the like. The coverage ranges from daily to annual. Even driving licenses may be insured.

The business growth of the insurance companies has been astounding. Almost all started their business in small capacity, but over the years, those have turned into giants having branch offices throughout the length and breadth of Mexico.

The Insurance Companies collect personal information such as the name of the Internet service provider and the Internet Protocol (IP) address through which you access the Internet. The Companies are committed to protecting the security of your personal information.

They use a variety of security technologies and procedures to help protect your personal information from unauthorized access, use, or disclosure. For example, they store the personal information you provide on computer servers with limited access that are located in controlled facilities.

Additionally, when they transmit sensitive personal information (such as a credit card number) over the Internet, the companies protect it with encryption, such as the Secure Socket Layer (SSL) protocol.

All credit card transactions that take place with Insurance companies are provided by special net security, which has its own private policy. The measure has been chosen to secure all the customer’s transactions due to the number of years that they have been providing this first class service. They provide the SAFE gateway to thousands of companies and have implemented security measures that cannot be duplicated by other sites.

The insurance companies may occasionally update the privacy statement. When they do, they will also revise the “Updated” date at the top of the privacy statement. The companies encourage customers to periodically review the privacy statement to stay informed about how the companies are helping to protect the personal information.

All said and done, it is always advisable that the people purchase insurance from a financially stronger insurer. There are over fifty insurance companies in Mexico, of which some are good and some are bad.

According to the 1997 report of the Mexican insurance Commission, only two Mexican Insurance companies write over $400 million US in non-life premium (life insurance excluded). These companies are Grupo Nacional Provincial and Seguros Commercial America.

The next three largest companies write between $100 million US and $200 million US in premium. Each of the remaining insurers writes less than$70 million in premium (with quite a few writing less than $10 million) including some companies quite familiar to purchasers of Mexico Insurance.

Mexico law mandates that only insurance companies, which are licensed and admitted in Mexico, can provide ‘civil liberty’ coverage that is recognized by the judicial system of Mexico.

Todd Smith writes regularly for mexinsure.us, a website offering Mexico Insurancefor visitors and tourists visiting Mexico and tips about driving in Mexico.

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