Compulsory insurance on federal highways won’t be enforced until 2014
- Details
- Published on Friday, 27 September 2013 12:19
- Written by GR Staff
Changes to federal law that require all automobiles being driven on federal highways in Mexico to carry third party liability insurance came into effect on October 1, six months after they were approved by Congress.
However, the Finance Ministry has yet to issue the rules governing this legislation, so the law is unlikely to be implemented this year, industry sources confirm. These regulations will specify the compulsory minimum amount of coverage for all motor vehicles. In addition, the Transport and Communications Ministry (SCT) will issue its own rules and guidelines regarding the law.
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