Planning a trip to Mexico? The country has a lot to offer tourists: beautiful beaches, delicious food and exciting sights. In addition, it is easily accessible by non-stop flights from many US hubs.
Once you’ve booked your ticket, you may wonder if you should buy travel insurance for your trip to Mexico. Here’s a look at whether you need travel insurance to Mexico, which credit cards offer travel coverage, and where else to purchase a policy if you need extra protection.
Do I need travel insurance for Mexico?
If you’re a frequent traveler, something will go wrong on your travels – it’s not a matter of when, it’s a matter of when. You may experience overnight delays, your bag may not make it to your destination, or your rental car may not be where you parked it.
Since travel is anything but perfect, you might want to consider buying travel insurance policy for a variety of reasons, including:
To protect upfront costs in the event of cancellation or delay.
To protect yourself from expensive bills in the event of a medical emergency.
Although travel insurance is not required for Mexico, many people choose to purchase it anyway. You’ll want to take a look at your total trip and expenses while you’re at it consider your options.
For example, are you renting a car for a self-drive adventure? You may want to consider a policy that includes rental accident coverage. Does the cruise you booked from Cozumel depart on the day of your arrival? You may want to have missed connection coverage. Will you be traveling to Cancun during hurricane season? Look for a plan that covers you bad weather.
What are the types of travel insurance in Mexico?
Travel insurance ranges from basic to advanced and limits vary. You will typically find the following types of insurance and coverage in a comprehensive travel insurance plan.
Baggage delay reimburses the cost of essential items paid for in the first few days after you have not received your checked baggage.
Loss of luggage reimburses the value of your suitcase and belongings if your checked bag is lost, stolen or damaged.
Emergency situation medical evacuation and repatriation the insurance covers transportation to the nearest medical facility or to your country (including transportation of remains).
Trip delay covers transportation, meals, and lodging if your common carrier is delayed or you are unable to return home due to quarantine.
Trip interruption will reimburse you for unused non-refundable expenses if the trip has to be stopped for good reason and you have to return home.
Which credit cards offer travel insurance?
Before you decide to buy independent travel insurance for Mexico, check if you already have coverage as a benefit of one of your travel credit cards. Most cards usually have lower coverage limits than a comprehensive plan, but it’s better than nothing.
The following cards provide cover for trip delay, baggage delay or loss, travel accidents and rental car collision damage:
If you have one of the cards above, or perhaps another credit card, check out our benefits guide. You may be pleasantly surprised to learn that several comprehensive travel insurance plan items are included when you pay for your trip with this credit card.
One of the most valuable bonuses is rental car collision insurance. However – and we can’t stress this enough – beware that rental car collision damage waiver included in the maps above does not cover liability insurance required by car rental companies in Mexico.
You may be surprised to find yourself at the rental car counter after reserving an inexpensive vehicle, only to find an astronomical fee added to your bill. Before you yell at the agent, know that the foreclosure is legal because such coverage is required by law. Either get the coverage you need before you arrive in Mexico or pay for a liability plan from the rental company.
Where can I purchase additional coverage?
Although the travel insurance that comes with credit cards with travel bonuses good to have, you may notice that some coverage limits are not very high. If you feel you need the best travel insurance for Mexico, consider investing in a comprehensive independent policy.
Travel insurance marketplaces like InsureMyTrip, Squaremouth, or TravelGuard can help you find travel coverage, compare quotes, and narrow down a plan that fits your needs and price. Travel insurance providers include AXA Assistance, Battleface, GoReady, IMG, Seven cornersTrawick International, Nationwide and more.
Depending on the plan, you can get coverage for trip cancellation and interruption, baggage delay or loss, rental car collision damage waivers, emergency medical coverage, and emergency medical evacuation. You can even get COVID-19 coverage with some plans, so read each plan’s terms and conditions carefully.
It’s worth noting that general travel insurance doesn’t cover extreme sports like scuba diving, so if you’re planning on diving in the cenotes of the Yucatan Peninsula or Land’s End in Cabo San Lucas, consider purchasing scuba diving insurance from DiveAssure, Divers Alert Network or World nomads.
If you want to buy travel insurance in Mexico
Travel insurance can help give you peace of mind in case something goes wrong during your trip. Although you don’t have to buy travel insurance in Mexico, you may want to think twice about the idea, as you never know what can happen abroad. Fortunately, many credit cards offer basic coverage, and if you need additional protection, you can always purchase a comprehensive plan that fits your needs.
How to maximize your rewards
You need a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2022including the best for: