What is a zero deductible in car insurance in Mexico, and when does it apply?

Benefits of "deducible cero" (zero deductible) in car insurance

A "deducible cero" (zero deductible) in car insurance in Mexico means that, in certain cases, you will not have to pay a deductible after an accident or claim. This option is available in some policies, primarily for material damage or total theft.

When does it apply?

1. Identified third-party responsible:

   • If the responsible party admits fault and has insurance.

   • If the responsible party admits fault and pays for the damages.

   • If a complaint or report is filed with the relevant authorities, and they determine the third party is at fault.

2. By purchasing deductible exemption coverage:

   • When your policy includes this coverage, you can waive the deductible payment in the event of a total loss due to material damage or total theft of the vehicle.

Practical example:

If your car is insured for $300,000 and is declared a total loss due to an accident, and you have a "deducible cero" (zero deductible), the insurer will pay the full value of the vehicle without subtracting any deductible, as long as the contracted conditions are met.

Benefits:

• Lower costs in the event of a claim.

• Greater peace of mind knowing you won’t have to cover the deductible.

Conditions:

The deductible exemption coverage only applies when it is included in your policy.

Recommendation:

It is important to verify with your insurance company the scope of the "deducible cero" (zero deductible) coverage, as it may vary between insurers or be referred to by different names.

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