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What is Cross Border Insurance?

Writer's picture: rimaq.insurancerimaq.insurance


Cross Border Insurance is a specialized coverage designed for Mexican trucking companies that operate within the United States. It provides the necessary protection for vehicles crossing the border, ensuring compliance with U.S. federal and state regulations while mitigating financial risks.

Our Cross Border Product

At RIMAQ Insurance Services, we offer access to the leading Cross Border markets, providing Mexican carriers with top-tier insurance solutions for operations in the U.S. Our coverage options include Auto Liability, Physical Damage, Motor Truck Cargo, and General Liability, among others, ensuring comprehensive protection for cross-border operations.

Get appointed with us today and gain access to these exclusive markets. We are currently accepting agency applications for a limited time—contact us now to secure your spot!

If you are an agent and are interested in accessing this market, write to us today at getappointed@rimaqinsurance.com. We are accepting applications for a limited time!

Understanding MC-Enterprise and MX Authorities

To operate legally in the U.S., Mexican carriers must obtain specific authorities:

  • MC-Enterprise Authority: Required for carriers seeking to operate beyond the commercial zones in the U.S.

  • MX Authority: For carriers that operate within the designated U.S. commercial zones near the border.

These authorities define the scope of a carrier’s permitted operations, influencing insurance requirements and underwriting considerations.

What Do We Need to Quote a Cross Border Risk?

To provide an accurate quote, we require the following information:

  1. Quick Quote:

    • Completed quotation form specifying requested coverages.

    • Vehicle weight and radius of operations from the border.

    • Vehicle and Driver Schedule in Excel format.

  2. Loss Runs Report: Issued within the last 30 days.

  3. MVR (Motor Vehicle Record) or Mexican Licenses for drivers and/or company owners.

    • If the company owners do not operate the units, an exclusion letter is required.

  4. Address in Mexico.

  5. Current Mexican Vehicle Registrations (tarjetas de circulación)

  6. IFTA Reports (if applicable).

The Cross Border Insurance Industry & Growth Potential

The cross-border trucking industry is a crucial link in North American trade, facilitating the movement of goods between Mexico and the United States. With increasing demand for reliable and compliant trucking solutions, the need for specialized insurance coverage continues to grow. Carriers that secure the right insurance gain a competitive edge, ensuring smooth operations and regulatory compliance.

This presents a significant opportunity for insurance agents looking to expand their portfolio. By partnering with RIMAQ, agents gain access to top-tier markets and comprehensive training to understand the intricacies of Cross Border Insurance.

Partner with RIMAQ Today!

If you are an agent looking to access this growing market, apply today to get appointed with RIMAQ Insurance Services. Gain access to exclusive insurance markets and receive specialized training to fully understand the opportunities within Cross Border Insurance.

Contact us today at getappointed@rimaqinsurance.com—applications are open for a limited time!


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