When Insurance Becomes Law: Benefits and Risks

They emphasize that mandatory civil liability insurance for vehicles can deliver significant social benefits: protecting victims, covering medical and legal costs, and ensuring financial solvency. However, they warn that for this regime to work, Mexico must address structural hurdles such as low insurance penetration in some regions, weak enforcement mechanisms, and the need for guarantee funds for uninsured vehicles or insolvent insurers. Their proposal is to foster an ecosystem in which mandatory insurance is affordable, enforceable and truly inclusive.

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