Types of auto insurance coverage
Getting the best auto insurance policy isn’t just about the lowest price. It’s also about finding the right coverage, so you’ll be financially protected if you get into an accident.
Here are the categories of coverage available in Canada:
This insurance is required by law throughout Canada. It covers the costs associated with damages caused to another person or vehicle in an accident, including medical bills, rehabilitation, lost earnings, legal fees, and other expenses up to the limit of your policy. As a practical matter, you’ll want enough insurance to cover a judgment against you in a major accident so that your personal assets won’t be put at risk.
ERS insurance provides you with roadside assistance in the event of a breakdown or mishap while you’re out driving. It also covers the cost of getting your car back on the road. Those costs may include light mechanical labour, an oil or gas delivery, new batteries, a boost, tire changes, locksmith services, or even a tow. With help on the way, ERS takes the stress out of a breakdown.
This type of auto insurance covers damages resulting from incidents that aren’t related to car accidents or collisions. Comprehensive coverage often includes hazards like extreme weather, vandalism, falling objects, fire, theft, and flooding.
Collision insurance covers damage to your car in the event of a vehicle rollover or a collision with another vehicle or object. If your car is totalled, collision insurance will pay the cost of replacing it.
Covers costs related to your injury or death after an accident caused by another driver who’s either uninsured or unidentified, as in the case of a hit-and-run driver. Keep in mind that this coverage only pays for damage to your vehicleif the uninsured driver is also identified.
Available only in New Brunswick, Nova Scotia, Ontario, and Quebec, DCPD covers your car for losses and damages after an accident that you weren’t entirely responsible for. But the other driver has to be identified, insured, and found to be at least partially at fault.
Provides protection for you against all types of perils except those specifically excluded from your policy.
Provides you with medical care and income replacement benefits if you’re injured in a car accident.
Deal with your own insurer regardless of who’s at fault in an accident. With no-fault insurance, you don’t have to pursue the other driver’s insurance provider to get compensation. Your insurer will pay for your benefits, so your medical bills get covered and you can get back on the road.
This type of auto insurance only covers the perils named in your policy, and it generally includes commonly occurring hazards such as fire, theft, hail, and windstorms. Specified perils is often purchased as a cheaper alternative to comprehensive insurance.
Is auto insurance different from province to province?
Yes, auto insurance systems, coverage, and rates vary greatly depending on where your vehicle is registered.
Some provinces, like Saskatchewan, Manitoba, and British Columbia, have government administered auto insurance programs. Quebec uses a hybrid system – the government provides personal injury coverage while property damage coverage is set by private insurers.
Alberta, Ontario, Nova Scotia, New Brunswick, Newfoundland, Prince Edward Island, and all the territories have private insurance markets where private insurers offer coverage.
Whether you’ve just bought a new car, are looking to change insurance carriers or are simply shopping around, getting an online car insurance quote from Liberty Mutual is secure, quick and easy.
Rates.ca Car Insurance
Welcome to Canada’s premier destination for the best Ontario and Alberta car insurance rates! Whether you’re a brand new driver looking to get auto insurance for the very first time, an existing driver with a policy up for renewal or a curious shopper simply interested in knowing whether you’re getting a good deal on your existing policy, Rates.ca is the service for you.
Our comparison service makes it possible for you to obtain quick car insurance rates in a matter of minutes. Avoid having to shop around with several insurance companies and instead use Rates.ca to access all the best car insurance rates all in one spot!
Using Rates.ca is as simple as 1-2-3! To get accurate car insurance rates and start saving on your policy you will need to:
- Provide your vehicle information
- Provide your driving history
- Connect with the insurance provider whose car insurance rates you’re interested in
Car insurance is there to provide you with financial protection against traffic accidents and the resulting liability arising from damage to the vehicle, property, as well as injury/death. Car insurance can also provide coverage for theft or damage to your vehicle not necessarily caused by a traffic accident (i.e. fire). There are many types of coverages so having a general understanding of the various options at your disposal can be very beneficial. A licenced insurance broker/agent can also provide the needed guidance and help you choose the appropriate insurance coverage for you.
All the details pertaining to your automobile insurance can be found in the certificate of insurance policy. This document provides all the pertinent information such as the term of your policy and all the included coverages and respective limits.
Whether you’re looking to buy a car, lease one or already have a vehicle, auto insurance is something that you should keep in mind. So do you have to insure your vehicle? It’s a definitive yes! In order to drive a vehicle in Canada the law requires you to have valid auto insurance coverage. The risk of operating a vehicle without auto insurance is quite severe. If caught the party could face hefty fines, driver licence suspension, difficulty obtaining auto insurance in the future and vehicle impounding.
Auto insurance can be purchased from a variety of sources outlined:
- Insurance Brokers — licenced individuals who sell several insurance companies’ products.
- Insurance Agents — licenced individual who generally sell only one company’s insurance products.
- Insurance Companies — certain insurance companies are able to sell directly to the consumer.
There are many factors that are taken into account by insurance companies when providing you with an insurance price quote.
The type of vehicle you drive impacts the premiums you pay. Think of it this way. If you bought a sports car, are you more likely to speed? If so, does this increase the probability of you being involved in an accident? How much you drive will also affect your premiums which is why you are always asked to provide your approximate vehicle usage when filling out a form to obtain a car insurance rate. The more you drive the higher the chance that you could be involved in a motor vehicle accident.
Individuals with a clean driving record would generally pay lower premiums relative to individuals with tickets and/or accidents on their record. Other factors such as the length of your driving history also matter.
Where you live matters when calculating insurance premiums. Areas with higher occurrences of theft and collisions would result in higher premiums. Your age also has an effect on your coverage to the extent that if you are 25 years old or older you will generally pay much less to insure your vehicle. This is based on the notion that young new drivers are not as experienced and are therefore more likely to be involved in a traffic collision.
The larger the scope of the coverage and the higher the coverage limits you choose, the higher the premiums you will pay. The deductible, the portion that you must pay out of pocket as a result of a claim, is also important in the calculation of your insurance cost. The higher the deductible you choose the lower your automobile insurance premiums will be.
Some insurance companies will provide you with discounts if you meet certain criteria. Discounts can range from winter tire discounts to multi-vehicle discounts. Every insurance company treats discounts differently, so make sure to inquire in order to take advantage of reduced premiums.
It is also important to note that you are likely to pay different premiums for the exact same policy offered by different insurance companies. This is because premiums vary across companies. Insurance companies have unique factors and risk profiles affecting how they determine the cost of the coverages they provide. This is why using Rates.ca to shop around for car insurance online is so important! Our site allows you to compare car insurance quotes and choose not only cheap insurance but also one that is best suited for your needs. Get insurance quotes today for your vehicle by clicking here.
What Are Some Tips For Shopping For A Cheap Car Insurance Quote In Ontario?
Working with the top insurance companies, we can get car insurance coverage for any Ontario driver. We understand that you are busy and don’t have hours upon hours to shop around for cheap auto insurance quotes. Let us do the shopping for you and help you get the lowest rates.
1. Shopping Around For Car Insurance Quotes Pays Off
Insurance rates for the same car and driver can vary widely between insurance providers. So when you shop around, you’ll get different rates for the exact same car and driver. That’s where a broker comes it. It’s a broker’s job to find and compare car insurance quotes based on you as a driver, your vehicle and the coverage you need.
2. Save Time – Let A Broker Compare Quotes For You
Licensed brokers have such a wealth of knowledge and a network of providers. A broker will use their knowledge to source insurance that meets your budget and needs.
3. Benefit From A Car Insurance Broker’s Expertise And Experience
As licensed professionals, insurance brokers continually update their education and knowledge. They provide unbiased advice based on your situation and their experience.
What’s Your Unique Driving Situation And Car Insurance Needs?
Speak to us. We’ll compare auto insurance quotes and make sure you get the best rates possible. Even though Ontario insurance rates are the highest rates in Canada, you can have peace of mind that our licensed car insurance brokers will get the cheapest rates and the best insurance coverage.
What Determines The Cost Of Auto Insurance Rates?
Many considerations determine car insurance rates across Ontario. Where you live, the car you drive and your driving experience are only some of the factors that impact your auto insurance rates.
Here are some of the key factors car insurance companies consider when determining the cost of a car insurance policy :
- Your Driving Experience : How long have you been driving? What level of graduated license do you have? Your rates lower the longer you’ve been insured.
- Your Age : Insurers see older drivers as lower risk – as you get older, you are more likely to be a more careful driver and you will qualify for additional car insurance discounts.
- Your Gender : Studies show that women are less likely to be in accidents.
- Your Driving Record : How is your driving record? Do you have recent tickets or claims? They can increase car insurance rates.
- Your Car : What car do you drive – SUV or a sedan? How old is your car? How often does the car get stolen? How safe is the vehicle? Learn more about car related factors that impact car insurance costs what are the cheapest cars to insure.
- Car Usage : Do you use your car to drive to work? How many kilometers do you drive annually? Do you use your car for business?
- Where You Live : Insurers take where you live into consideration. If your neighbourhood has higher statistics for car theft and accidents, your insurance premiums will reflect the higher risk.
- Your Car Insurance Coverage And Deductible Amount : The type of coverage you select will also impact your rates. Choosing comprehensive insurance coverage over basic coverage. Adjusting your deductible amount for collision insurance or comprehensive insurance will impact the cost of car insurance premium.
Auto Insurance for Nova Scotia, Newfoundland, New Brunswick and PEI
We all know that car insurance is mandatory, however there are still lots of people who feel that it isn’t necessary. Unfortunately, those people are in reality missing the benefits of having reliable auto insurance and end up kicking themselves when they need it most. Automobile insurance protects far more than just your car, it can help protect your livelihood and financial well being. Having auto insurance can even protect you against those people that choose to break the law and drive without insurance.
Paying a Little to Save a Lot
Every year there are millions of accidents, which makes the chance of being in an accident during your lifetime likely. It’s hard to believe that people take the risk without having proper car insurance coverage. Your vehicle is an important piece of your life, and every time you take it on the road you are taking a risk. Having peace of mind due to your insurance policy can definitely help you sleep better at night.
An automobile accident is more than simply an inconvenience. After all, the average cost of property damage costs for a car accident is in the thousands of dollars. That does not even include the cost of accidents that involve disabling injuries, which can cost tens times as much.
Having an automobile insurance policy helps protect you against the costs associated with an accident. Most importantly it offers protection against liability lawsuits that could also devastate your financial standings.
Having an insurance policy that carry’s higher liability limits on your insurance policy as well as , collision and comprehensive coverage for your vehicle and accident benefits can essentially save you significant money if you are involved in an accident.
Here at Fairway Insurance Services Inc, we can ensure that you have the best protection for both your vehicle and your personal well being when it comes to auto insurance. Our knowledge and expertise can help save you significant time and hassle, before, during and even after a claim.
We work with you throughout the entire claims process, working with your insurance company to answer any questions you may have. Our insurance companies can even recommend repair shops to have you back on the road in no time.
Having an insurance broker on which you can rely means that your claims will be settled in a fast and fair manner. In cases where you happen to hit that proverbial bump in the road, such as being in an accident with a driver that does not have insurance, you will have the help that you deserve. The costs will be recovered under the uninsured motorist coverage in your own car insurance policy. Being in an accident is stressful enough without having to deal with the aftermath on your own.
Valuable Peace of Mind
There is more than a fair share of bad drivers on the road. Auto insurance from Fairway Insurance Services Inc. is the best way to obtain financial protections for the mistakes that other drivers out there make.
Perhaps you are a revered specialist of traffic regulation. Perhaps your hand eye coordination is stellar. Perhaps you have never even been involved in a car accident. You may even be the world’s best driver. That means that everyone else on the road is a worse driver than you. Since there are a lot of drivers out there, you should be very concerned.
Automobile insurance will protect you from the driver texting at the red light, the one recklessly pulling out of their driveway, the one applying makeup in the fast lane and the road rager at the end of their rope. Drivers can be quite unpredictable and you never know when an unavoidable collision will occur. The reason that insurance exists is to protect you from just such a scenario.
It Is the Law
Everyone who gets behind the wheel is required by law to have minimal insurance. This means that you can be penalized for driving without an automobile insurance policy. You could have some pretty hefty fines to pay, you could even lose your privilege to drive. Unless you have a desire to get that old bicycle out of the basement and start peddling to work every day, you need to give Fairway Insurance Services Inc. a call.
Considering all that a good auto insurance policy has to offer, there is no need to wait any longer to explore the available coverage options. Fairway Insurance Services Inc. makes it easy. All you have to do is click on the quote request button now to be connected with an expert.
Accidents Are Unavoidable
If you have heard the shrieks of crashing metal, the screech of brakes or experienced the injury or fatality of anyone you know due to an auto accident, you know it is grim. When you’re unprotected, uncertain and alone, it is even worse.
If you or your family are not properly protected your life as you know it could disappear. Should you have any questions about what an appropriate level of automobile coverage is for you, we have many excellent programs available through our many reputable and recognized insurers.
Get the protection you need before an accident by calling Bridge Financial Insurance Ltd..
A Protective Shield
Think of your auto insurance policy as a shield for you assets and your future. The shield protects you and your assets in case of loss, injury or damage. It consists of the following coverages:
- Liability — in case you are found at fault
- Collision — in the event your car is damaged by a collision
- Comprehensive — if your car is damaged by anything other than collision
- Bodily Injury — to yourself or others, whether it is caused by you or not
- Property Damage — to another parties property
Additional coverage may include:
- Medical Payments — if you have to pay for medical services due to an injury for yourself or a passenger
- Emergency Road Service — if you are stranded in your vehicle
- Uninsured Motorist Protection — just because provincial law says auto insurance is mandatory, doesn’t mean that everyone will have it.
- Rental Coverage — if your vehicle has to get repaired and substitute transportation is required
- Glass Coverage — if your windshield or other windows are damaged
- Towing and Labour — if your vehicle suffers mechanical breakdown
We can educate you on all the coverage options, recommend appropriate limits and make sure you are receiving all of the discounts you are entitled to by bundling your insurance products.
Auto Insurance Experience and Expertise
At Bridge Financial Insurance Ltd. our locations and employees have protected the residents of Edmonton and Alberta for over 30 years. We know the area, we know the people and we understand the risks. Bridge Financial Insurance Ltd. has partnered with multiple insurance carriers each offering multiple products allowing us to provide a customizable, comprehensive and affordable suite of auto insurance products.
Be prepared for life’s misfortunes as accidents are unavoidable. Protecting your personal belongings, assets, and your health is always a concern for any family. We are all one mishap away from devastating personal and financial loss. Thinking about protection is meaningless after a loss occurs.
Lindsay Auto Insurance
Automobile accidents are very common. In fact, millions of accidents occur on roadways each year, from minor fender benders to major highway pileups. The cost of your legal defense for an accident that is found to be your fault can send you into financial hardship quickly.
In August 2015, one driver was critically injured in a three-car pileup that had four lanes blocked on a major roadway. The same day in another area, a car hit a utility pole and cut off power to the entire area. Another car hit a different utility pole in a different location on the same day. It took emergency crews almost an hour to remove the man from his vehicle before he was transported to a local hospital with serious injuries.
All of these incidents took place in a single day. Therefore, it is vital when you get behind the wheel to be prepared with the right insurance coverage. Without proper insurance, the cost to recover following an accident could be enough to send you into bankruptcy.
Car Insurance Coverage Basics
When considering your insurance needs, it is important to understand the types of coverage that are available. There is a wide variety of coverage options available to include in your insurance policy, such as:
- Collision — covers costs to repair damage to your vehicle resulting from an accident with another vehicle or object, such as a building, fence, mailbox or tree.
- Comprehensive — covers costs to repair damages to your vehicle that are not included in collision coverage, such as fire, theft and vandalism.
- Accident benefits — provides medical coverage and other benefits, such as income replacement if you are injured in an auto accident.
- Liability — provides coverage and protection when you are responsible for causing bodily injury or property damage.
There also a number of additional coverage options that you may want to include in your automobile insurance policy, such as replacement transportation and accident forgiveness. Take the time to discuss your specific risk exposures and coverage needs with your broker to determine which coverage options are best for you. The cost of an automobile accident can add up quickly, so it is important to make certain that you are properly covered in order to avoid paying out of pocket.
Auto Insurance for Young Drivers
Finding the best automobile insurance for young drivers is not about finding the cheapest policy, but instead about finding the most complete coverage. For young drivers, the cost of car insurance can vary depending on several factors, such as:
- the type of vehicle they drive
- their previous driving record
- where they live
- the amount of desired coverage
While the cost of insurance premiums is generally higher for younger drivers with less experience, it is possible to obtain affordable coverage. It all begins with the right vehicle. When you are young, consider a vehicle with safety features like airbags, traction control, anti-lock brakes and automatic seatbelts. A car with these options will be much more affordable to insure than a sports car or other high performance automobile.
Auto Insurance for Mature Drivers
When you have been driving for longer, you are less dangerous on the road and not as high of a risk for an insurance provider to consider. Thus, your insurance rates will be lower.
From the time you reach 25 until you turn 65, the cost of your automobile insurance premium is going to decrease gradually. That is as long as you continue to maintain a satisfactory driving record.
Just like with a younger driver, your insurance premium will depend on a few factors, including:
- type of vehicle
- area of residence
- the number of miles driven
At Stewart Morrison Insurance of Lindsay, we are auto specialists and we know that there is much more to an insurance policy than price. We emphasize value based coverage with professional advice on key areas, such as optional accident benefits, to ensure you are properly protected in the event of a claim.
Our brokers are here to assist you by addressing all of your car insurance questions and concerns. We can help you determine the amount of coverage that is right for you and help you choose a manageable deductible.
Your chances of being involved in an automobile accident the very next time you get behind the wheel are great. Therefore, you cannot afford to wait one more minute without knowing that you have the right insurance coverage. The peace of mind that you are well protected will drastically reduce the level of stress that you feel when you are out on the road.
Complete the form now for a no obligation quote. Find out how we can provide you with both the right coverage and cost options to meet your insurance needs.
Finding the best and cheap free car insurance quote online can be challenging but that might not be the case if you have an expert to assist you during your effort. We make things much easier for buyers by enabling them to qualify for various discounts. So if you are looking to get a cheap auto insurance quotes online policy, apply online now and acquire a chance to get free auto insurance quote online.
LET US HELP YOU GET FREE AUTO INSURANCE QUOTES ONLINE REGARDLESS OF CAR YOU DRIVE
At FreeCarInsuranceQuote, we may help you to get the best free online quotes for car insurance within minutes of your applying. Take advantage of our cost-free expert guidance on free auto insurance quotes online to get your car adequately covered, regardless of its type, model and size, for any eventuality.
We can even enable you to get additional auto insurance quote free that coverage for increased liabilities, physical damages caused to another person’s property as well as other accident benefits. Benefit with round the clock claims services support which will be helpful to you if need for filing claims arises.
For filing a claim post collision or accident, all you need to do is just intimate us by giving us a notice online. On receipt of your request for help to file claim in the correct manner, our expert will guide you during your effort.
FIND THE MOST AFFORDABLE & CHEAP FREE ONLINE CAR INSURANCE QUOTE WITHIN MINUTES
Drive your car with total piece of mind by buying sufficient car coverage at most affordable premium rate. Work with a highly trusted company that enjoys a great market reputation. If you are assured guaranteed coverage, savings and support, there is little need to worry about the turn of events.
FreeCarInsuranceQuote will help you in locating a low cost free instant auto insurance quote that best fits your needs and requirements. Apart from the level of coverage stipulated by your state’s rules and regulations, we might also enable you to get add-on features like roadside assistance and rental car reimbursements.
More About Auto Insurance and Car Insurance!
Auto insurance sounds like a pretty straightforward product right? But it gets a little more
complicated when you start to add a spouse, partner or children to a policy. Surprisingly,
insurance industry experts estimate that over 40% of the drivers on Alberta’s roads are
That’s scary! And unfortunately, most don’t find that out until it’s too late.
BlueCircle Insurance works hard to save you money. But we know that coverage is the
most important factor when it comes to auto insurance.
Because we want to cover our clients whether they’re parked, or out on the open road, no
matter what they drive.
Because car insurance can be different for every driver, coverage is important. We have the
ability to ensure a wide variety of vehicles, in spite of driving records. We always have options,
even including our own in house 6 Degrees Finance company.
Online Insurance Quotes Edmonton
To get started on free online insurance quotes for Edmonton and surrounding areas, please choose from the following five options:
- Auto Insurance Quotes: Shopping for auto insurance quotes in Edmonton? Our online estimator will give you an idea of how much your monthly insurance costs will be based on the vehicle you drive, your driving history, and the area you live in. You can also call or come into the closest Drayden office to speak to one of our knowledgeable professionals about your local insurance needs. Find local Edmonton car insurance quotes.
- Homeowner Insurance Quotes: Since your home is likely the biggest investment you make, it’s important to protect it. Homeowner’s insurance quotes include coverage like water, wind, hail, and fire damage as well as other perils.
- Condo Insurance Quotes
- Tenant Insurance Quotes (also known as Renters Insurance)
- Motorcycle Insurance Quotes: Thinking of purchasing a Motorcycle and looking to find out the insurance rates, the online estimator can give you an idea of the monthly costs.
For Business, Farm or Life Insurance quotes, please call or drop into your nearest Drayden Office to speak with one of our knowledgeable staff members.