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MEXICO BOUND BOATERS GET HELP JUMPING THROUGH HOOPS Mexico's auto and boat insurance requirements can make a south-of-the-border cruising or trailering adventure intimidating. But with the help of a new partnership between BoatU.S. and a Mexican insurance specialist, recreational boaters can fish the Baja or cruise the Mexican Gulf with less worries. Boaters bound for Mexico have three types of insurance needs. The first is hull coverage issued by an American insurer. While not mandated in Mexico, hull coverage reimburses the owner for damages or theft of the vessel. Most U.S. boat insurers require that you call to secure an "extension" that includes Mexican waters - except for BoatU.S. Bass Boat policies, which include this automatically. Vessel liability coverage, which must be issued by a Mexican insurance provider, covers personal injuries and property damage. Lastly, automobiles and trailers also require liability insurance issued by a Mexican insurer, as well as extensions from your U.S. insurance company. In the event of an accident in Mexico, local law requires proof of financial responsibility, which is done by showing authorities your Mexican insurance policy. Without proof, or if you don't have a Mexican policy, your boat and vehicle can be impounded until it is proven you were not at fault. "The biggest challenge to south-of-the-border trailer boaters has been finding a trustworthy insurance provider," said Jim Nolan, vice president, BoatU.S. Marine Insurance. "Now anyone can get this coverage easily by going to http://www.BoatUS.com/insurance and clicking on 'Policy Info.' We've done all the homework to ensure that you'll get a highly rated and competitive policy from a local insurer that will make your Mexico trailerboating worry free," said Nolan. The Boat Owners Association of The United States is the nation's leading advocate for recreational boaters and provides its 540,000 members with a wide array of consumer services including a group-rate marine insurance program that provides over $7 billion in hull coverage; the largest fleet of more than 400 towing assistance vessels; discounts on fuel, slips, and repairs at over 700 marinas; boat financing; and a subscription to BoatU.S. Magazine, the most widely read boating publication in the U.S. For membership information visit http://www.BoatUS.com or call 800-395-2628. |