Auto Insurance

Auto insurance allows you to share the risk of having an accident, as this means facing unexpected expense, particularly when there are bodily or property damages to third parties.

This type of insurance is available in three coverage plans to protect you or your automobile:

FULL COVERAGE

Covers damage to your automobile as a result of collision, overturning, total theft, breaking of windows, hail, flooding, and others, as well as medical expenses for occupants; it provides bond, legal counsel, and travel assistance; it covers the total theft of your automobile, basic mechanical services, and guaranteed restitution for damage done to other automobiles, property, or persons, should you be found responsible for the accident.

LIMITED COVERAGE

In this package your vehicle is covered against total theft, and against damage caused by fire, hail, flooding, and others. It also includes medical expenses, bond and legal counsel, basic mechanical work, and guaranteed restitution for damage done to other automobiles, property, or persons, should you be found responsible for the accident. Not covered: Accident damage to your automobile.

LIABILITY COVERAGE

Provides coverage for third-party bodily injury, and automobile or property damage for which you are found responsible; also provided are bond and legal counsel, medical expenses, and more.
Each insurance company has different options for expanding your insurance with additional coverage such as:

  • Increase of up to 10% in amount insured, both for property damage and total loss.
  • No deductible in case of total loss due to property damage.
  • Special Equipment.
  • Modifications and Conversions.
  • Liability for Cargo, Modifications and Conversions, Special Equipment and Occupants.
  • Temporary Replacement Automobile.
  • Liability Extension.
  • Driver Automobile Accident.
  • Assistance for Total Loss.

 

Auto Insurance Classification

Residentes

Son vehículos nacionales o importados por armadoras destinados al transporte de personas o carga. La antigüedad máxima para su aseguramiento, debido a su vida útil en condiciones normales es de 15 años.

Descontinuados

Vehículos cuya antigüedad es superior a 15 años, que siguen en circulación y su estado les permite seguirlos considerando asegurables.

Antiguos y Clásicos

Vehículos de antigüedad superior a los 15 años que al paso del tiempo han mantenido la originalidad de sus partes y accesorios; su buen cuidado los lleva a ser considerados como piezas de colección.

Importados

Vehículos debidamente importados y legalizados por el asegurado para su uso en nuestro país.

Fronterizos

Vehículos de fabricación extranjera, que cuentan con permiso y placas que les permite circular únicamente en las franjas fronterizas del país.

Blindados

Unidades que como medidas de protección para los ocupantes han sido modificadas en partes y accesorios que refuerzan la estructura del vehículo y modifican las especificaciones originales de fabricación.

Legalizados

Autos, Pick–Up´s y Vagonetas de procedencia extranjera cuyos modelos sean comprendidos entre 1970 y 1993 y que fueron legalizados vía decreto.