Forum Discussion
Canadian_Rainbi
May 05, 2014Explorer
moisheh wrote:
Silversand: There are no policies for tourists in Mexico that are even close to what you mentioned. Certainly no replacement value policies.
Moisheh
And to add: If the vehicle is not recovered, the Mexican Authorities consider it SOLD and you have to pay import duty on the vehicle's value, about 30%, IF you want to get your temporary import permit cancelled so you can get a TIP in the future for another vehicle.
As for insurance: Our vehicle was taken February 18th. We were told by Qualitas that they should be able to send the cheque LAST WEEK. No word on that yet. The value was acceptable.
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