We will be making the jump to Mexico
in a few weeks and have carried insurance
on our boat since we bought her two plus years ago. I've checked with my carrier(BoatUS) and they want a big amount of money
to insure us in Mexico
. About $115 every two weeks(as a rider to the price
I am already paying which is not cheap) for the duration we will be there plus upping my deductible to 2% from 1%. Plus. they will only cover me till February of 2010. I've checked with other companies and have received quotes of from $1991 to $3500 for a years worth of insurance
from other companies here in the US.
I have carried insurance since most marinas
require proof of it to even get a slip all the way down the coast. I know I am required to have "Mexican" insurance to cruise
in Mexico and the prices I have found ar less than a third of what BoatUS has quoted me. I would have no problem with having it since it is so reasonable.
Is there a problem dropping my BoatUS insurance once I'm out of the US and just having "Mexican" insurance? Do I need to have proof of insurance once I get to other countries as I cruise