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In Ontario, the Provincial Government requires that you
carry automobile insurance.
Third-Party Liability
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Provides coverage for the liability imposed by law for bodily injury or death arising out of the use or operation of the automobile. Minimum coverage as required by law is $200,000.
Higher limits are strongly recommended. |
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Accident Benefits
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Provides coverage for medical, rehabilitation and funeral expenses as well as death benefits and income replacement if you are injured in a car accident, regardless of fault. The following limits are included in the policy:
| Income Replacement |
$400/Week |
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| Medical & Rehabilitation Expenses |
$100,000 standard maximum
$1,000,000 maximum for catastrophic injuries |
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| Attendant Care |
$72,000 standard maximum
$1,000,000 maximum for catastrophic injuries |
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| Caregiver Benefits |
$250/week for one dependant
$50/wee for each additional dependant |
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| Death Benefits |
$25,000 Spouse
$10,000 each dependant |
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| Funeral Expenses |
$6,000 |
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Higher limits of coverage can be purchased.
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Uninsured Automobile Coverage
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Provides coverage where accidents are caused by uninsured motorists or motorists that are not identified. This coverage is automatically included in the policy. |
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Direct Compensation – Property Damage (DCPD)
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This coverage allows you to collect directly from your insurance company whether you are at fault, not at fault, or partially at fault. The standard deductible for this coverage is $0. Higher deductibles can be purchased to lower your premium. |
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Auto Insurance Resources
Steer clear of cell phones - How taking a call while driving could raise your rates
Accident
Countering Distracted Driving and Promoting Green Transportation
Government of Canada to Crack Down on Auto Theft
Credit Scoring for Determining Auto Insurance Rates
Commercial Auto Insurance - Material Changes in Risk
How to Save Money on Your Auto Insurance
Third Party Liability
Ontario Auto Policy
More resources....
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