You have a vehicle, you need car insurance – we can get you the best deal AND get the insurance YOU NEED at an affordable price. For all you parents of new drivers we CAN help you find the best type of car insurance coverage to protect them — we CAN’T, however give you any advice on how to deal with teenage angst — sorry, we KNOW our limitations!
We know how complicated auto insurance in Ontario can be. It seems that every time you turn around, they are changing the rules. Well that’s because, they are. Unfortunately, we can’t change that however, we can do our best to help you understand what coverage you need and why you need it. Want more explanation? Feel free to continue reading on however, if you are already loving us and are ready to check out our rates, click here and jump right into getting your auto quote now.
So the Ontario Government mandates that everyone who wants to drive a car must have 2 main things; A valid drivers license, and car insurance. A brief outline of the mandatory coverage is as follows:
Third Party Liability: This coverage protects you if someone is injured or killed or their property is damaged. It will pay for legitimate claims made against you up to the limit of your coverage, and will pay the costs of settling the claim.
Accident Benefits: Provides benefits if you are injured in an auto accident regardless of fault. These include, medical care, rehab and attendant care, replacement of your income to a certain limit, an allowance when a caregiver is injured and funeral expenses and death benefits when a person dies in an accident. These limits have changed with the new Auto Reform that the government has just recently put in to place, and are outlined in a more detailed way here if you want to read about these changes.
Uninsured Motorist: Protects you if you are injured by another driver that happens to not have insurance, or by a hit and run driver.
Direct Compensation/Property Damage: Pays for the damage to your car when another motorist is responsible for the accident.
That’s mandatory coverage, in a nutshell. There is of course more coverage that you can purchase if you wish to do so. If you want to read more about that, please do! However, if you are getting tired of reading, and just want a quote, click here and check out our rates.
Now comes the coverage that you are allowed to choose to suit your needs.
Collision: Pays for the damage or replacement of your automobile if you are involved in a collision with another vehicle or object, and “oops” it happens to be your fault.
Comprehensive: Pays for damage to your car for things like fire, theft, glass breakage. That even includes damage by falling or flying objects or missiles (seriously, even missiles! What? It could happen, better to be safe than sorry!)
There are also a bunch of things we insurance people like to call “Endorsements” which cover you for all sorts of things like, if you need to rent a car when you go on vacation, or if your car is un-driveable because of an accident and you need a replacement.
If you are tired of reading, one of our experienced Advisors will be more than happy to assist you in defining the right policy for your needs, they LOVE to chat about car insurance!
We’ve established that insurance is a necessity, so if we have to buy it, we want to ensure we are getting the best deal for our dollar. So what are you waiting for? Click here to get that quote and see what TSG has to offer you.