I'll be staying in Puerto Morelos for a week, thus I need to rent a car. I've been doing my research, and discovered the pile of spaghetti surrounding insurance. I see some great rates, < $10 a day, but obviously that doesn't include the insurance. Every time I've rented a car, I buy some extra insurance from my car insurance company at home, and its been no problem in any country.
I've read that Mexico does not honor insurance policies from outside Mexico. I've also read that they will do a pre-auth on your credit card for up to $3000. I rented a car for two days while staying at the Gran Bahia Pincipe last year and I don't remember any of this. I think I paid ~ 20 a day, and that was it, I don't remember any of the other BS.
What has your experience been? Anyone from British Columbia had any issue using their ICBC Roadstar coverage in Mexico? Any suggestions on car rental companies that are easier to deal with? I'm on a bit of a budget for this, so definitely looking to safe as much as possible without undue risk.