Mexico Home Insurance Application

In order to enjoy the freedom that comes with owning a vacation home, you need to be sure you protect your investments in case of accidents or break-ins. Lewis and Lewis Insurance Agency offers our clients comprehensive Mexico home insurance for:

• Houses
• Condo
• Other structures built for habitation

Or, print the the pdf form, complete it, and fax or mail to:

Lewis and Lewis is always here to ensure your investments are covered. When you purchase Mexico home insurance from us, you won’t be disappointed!

Important Terms

SECTION I. PROPERTY

Covers the replacement cost of the main structure and additional structures such as fences, swimming pools, exterior patios, stairs, independent retaining walls, guest houses within the same premises/lot/land. Maximum limit: $5,000,000 USD (combined with Contents section).

SECTION III. CONSEQUENTIAL LOSSES

a) Debris Removal: Covers the expenses to remove debris from the affected properties cause as a consequence of a risk covered. (Maximum limit: 5% of the limit of building and contents).

b) Extraordinary Expenses: Covers the expenses incurred by the Insured (like: house or apartment rental, moving expenses, emergency storage, etc- in case the affected property cannot be occupied after a covered loss. (Maximum limit: 5% of the limit of building and contents. Maximum period: 4 months)

c) Loss of Rent: Covers the income that the Insured will had obtain if the property had been occupied by tenants under a lease agreement and is vacant due to covered loss.(Maximum limit: $50,000 USD Maximum period: 4 months)

EARTHQUAKE AND *HMP ARE EXCLUDED FOR LOSS OF RENT COVERAGE.

Coverages for section I, II and III:

All Risk-Mexican Form, plus Earthquake (Optional) and *HMP/FHM (Optional)

Deductibles:

Only for Earthquake and *HMP/FHM. Apply over the limit of Building + Contents.

Co-Pay:

Only for Earthquake and *HMP/FHM. Apply over the amount of the loss.

Special Clauses:

Replacement cost for all coverage and First Risk Insurance except for the Earthquake coverage. HMP/FHM: (Hydro-Meteorological Phenomenon includes the following perils, Mudslide, hail, frost, hurricane, flood, flood by rain, wave wash/tidal wave)

SECTION IV. CIVIL GENERAL LIABILITY

Maximum limit:

$3,000,000 USD

Coverage:

Homeowners Liability for damages to third parties. Mexican jurisdiction only.

*Worldwide coverage (this coverage can only be offered if the Insured permanently resides in Mexico)

Major Exclusions:

Punitive Damages, exemplary damages or vindictive damages, suits outside Mexico (if worldwide coverage is not covered).

SECTION V. BURGLARY

Maximum limit for Item I (General household contents):

80% of Contents limit.

Maximum limit for Item II (Art and Jewelry):

50% of the limit in Section I (Only applicable to permanent residents in Mexico)

Coverage:

Theft of contents within premises with violence and/or assault

Major Exclusion:

Mysterious Disappearance.

SECTION VI. MONEY AND SECURITIES

Maximum limit:

$2,000 USD

FONT-VARIANT>

Major Exclusion:

Mysterious Disappearance.

Major Exclusion:

Mysterious Disappearance.

SECTION VII. ACCIDENTAL GLASS BREAKAGE

Maximum limit:

$50,000 USD

Coverage:

Accidental glass breakage.

SECTION VIII. ELECTRICAL HOUSEHOLD APPLIANCES

Maximum limit:

FONT-VARIANT

$1,000,000 USD

Coverage:

Inexperience, Carelessness, Direct action of electrical energy.

Major Exclusions:

Gradual wear or deterioration, Esthetic defects.

SECTION IX. PERSONAL ARTICLES FLOATER (Portable items of personal use outside the covered premises).

Maximum limit:

$750 USD

Coverage:

Portable articles or property of the Insured while in use and temporarily outside the covered premises.

Major Exclusions:

Mysterious Disappearance.

SECTION X. FAMILY ASSISTANCE

Coverage:

Home assistance, Travel assistance, Extension of assistance, MEDITEL, Final Expenses, Legal Assistance

This is only a summary of the main terms & conditions. It does not represent the full extent of the Mexican policy terms & conditions.
For further detail, please request or download the general conditions of the policy.