How to compare car insurance with Condusef’s simulator

Buying car insurance involves more than comparing prices. Mexico’s National Commission for the Protection and Defense of Financial Services Users, known as Condusef, offers a free simulator to help drivers compare policies and coverage.

Condusef identifies three main types of coverage. Liability insurance covers accidental damage caused to other people or their property. It may also include medical expenses for occupants, legal assistance and roadside assistance, but it does not cover damage to the policyholder’s own vehicle.

Limited insurance includes liability coverage and adds total-theft protection. If the vehicle is stolen, the insurer pays the amount specified in the policy, but this option does not cover stolen auto parts. Comprehensive insurance includes the limited plan and adds material-damage protection for the insured vehicle after an accident.

Condusef recommends considering the risks a vehicle faces before selecting a policy. Drivers should review the insured amount, which is the maximum the insurer will pay for each coverage, and the deductible, which is the amount or percentage the policyholder must pay before compensation begins. They should also check whether the policy uses commercial value, which reflects depreciation at the time of a claim, or an agreed value set when the policy is purchased.

The simulator asks for the vehicle’s model, brand, sub-brand and version, as well as the driver’s sex, age and postal code. Users can access it at https://webappsos.condusef.gob.mx/SimuladorSeguroAutomovil/entradas-tabs.jsp, select “Continue” and compare the three coverage types and different insurers. Condusef’s guidance is clear: the cheapest option is not necessarily the most suitable. Drivers should check what each policy protects and the maximum amount it will pay.