Halloween is just around the corner signaling it is almost time to point the bow south to sunny Mexico for the winter cruising season. With the tightening of the yacht insurance industry over the last few years it is important to have your yacht insurance in place before crossing the border into Mexican waters. Some insurers do not offer any coverage in Mexican waters, and a couple of other insurers only allow short trips of 30-90 days. The name of the game is to get your Mexico yacht insurance policy in place sooner rather than later. What to do:
Novamar Insurance Group has specialized in marine insurance in the USA since 1987 and is licensed in all 50 states. Novamar Insurance Mexico is our sister company founded in 2009 licensed in the Republic of Mexico with 16 bilingual staff in the Puerto Vallarta office ready to assist our clients. Between the U.S. and European insurers and the Mexican domiciled and licensed insurance companies Novamar works with, we can usually come up with a coverage solution while cruising in the USA, Mexico or beyond. Have a great trip south!