Ally Finance customers are required to have certain paperwork in order to drive to Mexico:
You must obtain Mexico Auto Insurance from an authorized insurer in Mexico by purchasing a policy that meets Ally's requirements for Liability, and Theft or Damage to the vehicle.
Your Ally finance account must be paid up to-date.
When both of these conditions are met, Ally Finance will then provide you a permission letter authorizing you to take the vehicle to Mexico.
Following are the requirements for obtaining a Letter of Permission to enter Mexico with a Ally financed vehicle:
Customer must provide Mexico Insurance Verification which includes the following:
Ally listed as lienholder/loss payee
Customer and/or cobuyer listed as the insured
Policy must meet the following deductible criteria:
Total Theft Deductible 5% of the vehicle value (subject to policy minimums) OR a fixed deductible of no more than $1000.
Minimum Liability Coverage $100,000 combined single limit (CSL).
Policy dates must cover the dates of travel. Customers MUST obtain adequate physical damage coverage to cover Collision and Theft coverage for the Actual Cash Values (current market value) of the vehicle. If a loss occurs while in Mexico, the customer will be held responsible for any charges not covered by the loss settlement.
Once you purchase your Mexico Auto Insurance via this link, your policy information is automatically uploaded to Ally Finance. After purchasing your policy via this link or our insurance call center at 866-575-2877, please call Ally Finance at 800-200-4622 and you can coordinate the delivery of the permission letter via fax.
TO PURCHASE MEXICO INSURANCE CLICK HERE TO OBTAIN YOUR PERMISSION LETTER FROM ALLY FINANCE PLEASE CALL 800-200-4622 AFTER PURCHASING THE MEXICO INSURANCE.
If you are a licensed insurance agent, or broker and would like to receive authorization to sell these policies to Ally Finance customers please Click Here.
