Many (but not all) personal policies cover vehicles rented by the policyholder or a resident family member. (thebalance.com)
To receive a permit, visitors must present the following at the point of entry: travel documents and identification, proof of ownership (vehicle registration), proof of insurance (available from any of the companies at the borders rental documents for vehicles rented in Mexico or Guatemala). (grandcariberealty.com)
Examples are vehicles you rent from a rental agency and autos owned by employees or partners. (thebalance.com)