Mexico City Congress Approves Reform Mandating Parking Lot Insurance Disclosure

Mexico City's Congress has passed a reform requiring public parking lots to clearly inform customers about their insurance coverage for vehicle theft or damage. The amendment to the Law of Commercial Establishments and the local Penal Code mandates that parking facilities must display signs detailing their liability insurance or valid bond.

This legislative change, initiated by PT Deputy Jannete Elizabeth Guerrero Maya, targets the frequent abuses and lack of accountability by parking operators. Many establishments have historically posted notices disclaiming responsibility for partial or total theft, loss, or damage to vehicles, despite charging for their services.

"If we haven't lived this in person, I am sure that at least all of us have heard the story of a relative or friend who, with great confidence and security, leaves their car in a public parking lot, but upon returning finds a piece stolen, has a dent, or in the worst case, their vehicle has been stolen," said Guerrero Maya. The reform ensures that parking lots will be obligated to hold insurance to cover theft of auto parts and damages, protecting vehicle owners.

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If we haven't lived this in person, I am sure that at least all of us have heard the story of a relative or friend who, with great confidence and security, leaves their car in a public parking lot, but upon returning finds a piece stolen, has a dent, or in the worst case, their vehicle has been stolen.