Todo Riesgo - Agencia de Seguros y Fianzas | Vehicle Insurance

Guatemala

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Verified:
4 months ago
Altitude:
0.0 masl
Contributor:
Nomadizens

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Office for 3rd party-liability-only coverage for C-4 countries + Costa Rica. Coverages for low price, additional insurance needed for Nicaragua? and Costa Rica. See comments.

For 15 days-coverage cost was 229.32Q, 2 months 458 Q, 3 months 611 Q.

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No one has updated these pins in a while, yet the question about vehicle insurance south of Mexico comes up at least once a week on Facebook, so I figured I would go back and update this pin with our experience and knowledge at this point. 

Though it is not required by law or at traffic stops in Guatemala, we bought 3rd party liability for our US plated truck from the Todo Riesgo office in Flores in April of 2023. Other travellers have bought it at the office in Guatemala City or by email from one of these two people: [email protected] [email protected] 

Todo Riesgo says their coverage is valid for the C-4 countries + Costa Rica. You will however be required to buy separate in-country vehicle insurance in order to enter Costa Rica. For Nicaragua, stories vary on whether or not  the Guatemalan Todo Riesgo insurance is accepted at traffic stops. We preferred to avoid any excess hastle from Nicaraguan authorities, to we bought the $12 in-country insurance at the border there. You may find this helpful in determining what length of time to buy Todo Riesgo insurance for. 

As the comments below indicate, this is 3rd party liability that covers the other person in case of an accident. Coverages are relatively low compared to US/European standards. However, if you are in an accident with major damage or injury, and you are unable to resolve the damages with the cash you carry with you, you are likely to be detained and your car impounded until damages are assigned and paid in full. This insurance and the local contacts it comes with hopefully will assist in resolving that unpleasant situation more quickly, and for that we found the peace of mind worth the cost. 

Finally, many people apparently make it to southern Mexico without realizing that comprehensive/collision/theft insurance for the vehicle is very difficult to obtain and very expensive for Central and South America. The vast majority of vehicle travellers go without this type of insurance heading south. Don’t take anything south of the border you can't afford to walk away from!  

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Unfortunately haven't found a better alternative yet, the seem to be some US based insurances for Central America (e.g. https://www.mxici.com/CSAVI/), but only for US or Canadian cars and not older than 20 years...

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This insurance is basically worthless if you read the details. It says 130.000Q total sum, but it's actually only 20.000Q (about 2500 USD) per accident. I asked the lady in the office about it and she confirmed that this is indeed the case, but this is the only one they would offer for cars with foreign plates.

So the only reason to get this insurance is to say that you have insurance (e.g. Nicaragua) or if you bumped into someone slightly. In real accidents you're still f*cked.

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Still a good place to go. 612Q for 90 days third party insurance for whole of Central America. Max amount is 130.000Q.

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prices, type of insurance and opening hours as mentioned below. very straight forward. all you need is passport, TIP and cash (payment by card is not possible).

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Assurance qui couvre Guatemala honduras salvador et Nicaragua.

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Opens Monday to Friday at 8am.
Really straight forward : just need your passport and guatemalan TIP.
229Q for 15 days, for a third party insurance

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This place closes at 5pm and bank BAM next door had a long queue. The lady here wouldn't accept US dollars but changed her mind later.

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We got insurance for 30 days for 305q. Only covers liability (not your vehicle) up to 130,000q. Also good for El Salvador and Honduras. Took about 15 minutes.

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Quoted same prices as listed below. However...take note: this does NOT protect your vehicle! It is only to protect yourself against third parties...i.e. it will only pay for damage or injury you caused to third party!!! Up to 130,000Q. We were told it is good through Costa Rica, but he said they may not accept it at Costa Rica border...even though the insurance company will cover it.

Was told in Nicaragua that it wasn’t good...but this was from an insurance company at the entrance ...not the aduana. It definitely was not accepted in Costa Rica.

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Place is now called "todo riesgo". Prices have not changed, still paid Q.305 for a month. Super easy, friendly and quick.

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closed on saturday and sunday.
luckily it isn't mandatory

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Price as mentioned by others, no change.
Very straightforward.
They made it clear it works in Guatemala, Honduras and Salvador, but not Nicaragua and Costa Rica. My understanding is that those countries have their own mandatory liability policies so the commercial one from Guatemala would not be enough to satisfy the border officials.

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Nous nous sommes rendus sur place, ils n’assurent pas de véhicules, juste les personnes (assurance civile).

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Update: Although the policy says that it covers Costa Rica, the insurance was not accepted by Costa Rican Aduana.
We signed 2 months of insurance in Guatemala assuming it would cover Costa Rica as well. We now had to buy another 3 months (minimum period) for USD 41.

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Says G&T on outside.
229 quetzal for 15 days
305 for 30
458 for 60
611 for 90

In Nicaragua it seems like $12 one month insurance is mandatory and that police require their insurance if that factors in to how long you want to buy here.

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We were controlled in Nicaragua, and police said that this insurance were good ;)

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Easy process. Price hasn’t changed. Accident only (no towing, etc). Claims it works in all countries. We will see.

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Got our car insurance for Guatemala here. The first day we arrived the system was down and we had to return the following working day! On our return it worked without any problems. 229Q for 15days

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Liability car insurance can be bought here. We tool one that covers Guatemala, El Salvador, Honduras and Nicoragua. 611 Q for 3 months. Very friendly and efficient.

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Friendl. quick. Rates as described. Does not work for other countries even the insurance guy states that it does!

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Helpful staff. Outside sign shows G&T instead of Todo Riesgo. 611q for liability for 90 days. Staff says good for Costa Rica as well.

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costa rica does not accept this insurance, had tp buy a new one at zhe boarder. all other countries were fine except costa riva

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Attention: The insurance seems to be valid in Guatemala and El Salvador. But the police did not accept it in Nicaragua and Costa Rica. We had to buy their mandatory insurances at the border.

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Easy to find. Buying insurance didn't take long either. Same price as below for 15 days, 306Q for 30 days and if I'm not mistaken 460Q - 60 days and 611Q - 90 days. Insurance also valid in other Central American countries expect Panama.

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Insurance agency. Can purchase optional auto insurance here. For 15 days coverage cost was 229.32Q, including all taxes and fees.

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