Mexico Homeowners Insurance for

Yes, absolutely. Many international insurers and specialized Mexican companies offer comprehensive homeowners insurance specifically designed for American expats. Coverage is available whether you own property directly (inland areas) or through a fideicomiso trust (coastal areas).

Mexican homeowners insurance typically costs 50-70% less than comparable US coverage. Annual premiums range from $300-1,200 depending on location, property value, and coverage selected. Coastal properties pay 30-100% more than inland properties due to hurricane exposure.

Yes, coastal properties owned through fideicomiso (bank trust) require specialized insurance structuring. The trust must be named as the beneficiary, and the trust bank must authorize policy changes. Standard individual policies may not provide adequate protection for trust-held properties.

Common exclusions include: lack of maintenance and construction deficiencies, gradual damage and normal wear-and-tear, damage during ongoing construction/renovation, pest infestations and environmental contamination, equipment beyond its useful life, and intentional acts or criminal activity.

With expat-focused insurance providers like Novamar, yes. These companies provide complete English-language claims support including bilingual adjusters, translated documentation, and English-speaking customer service throughout the claims process.

Earthquake coverage is typically included in comprehensive Mexican homeowners insurance but comes with a 2% deductible of the insured amount plus 20% coinsurance. This coverage is especially important in central and southern Mexico where seismic activity is more common.