Mexican Auto Insurance is One of the Easiest and Most Profitable Products You Can Sell

 

Insurance agents: If your customers drive their cars to Mexico, don't tell them to purchase their Mexican auto insurance at the border!

Mexican auto insurance, sometimes called Mexico 'tourist' auto insurance, is not only a great product for earning some extra commissions. Mexican auto insurance can also be a wonderful tool for attracting new customers and for building customer loyalty with your existing clientele. With the help of the internet, writing Mexican auto insurance has never been easier. So if you have customers who drive to Mexico, your agency needs to get appointed to offer Mexican auto insurance.

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How to get appointed to sell Mexican auto insurance

There are a number of US based MGAs (managing general agents) who will appoint independent insurance agents to sell Mexican insurance. If you have a valid property casualty insurance license and a current Errors and Omissions insurance policy, most MGAs will gladly appoint you to sell their Mexico insurance products. The appointment paperwork is usually very simple, and the appointment procedure can usually be finalized in less than 24 hours. Some of the better MGAs who have their offices streamlined can have you signed up and ready to sell in less than an hour. Many MGAs have no production requirements, so agents should not feel any pressure to meet sales volume commitments.

How to write a Mexican insurance policy

Mexican auto insurance is one of the easiest products for insurance agents to write. Now that most of the decent MGAs have internet based agency websites, agents can issue Mexico insurance policies in less than 5 minutes. Most Mexico insurance agency websites will allow you to login to your online account using and agent code and password. Once logged in, agents can generate quotes or issue policies in real time. Most agents find that writing Mexican insurance through the internet is as easy as buying an airplane ticket online.

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