… if you let someone drive your car who causes an accident, your insurance company will have to pay for the resultant injuries and damage and the accident will go against your policy?

… if your car is parked and is hit by a “hit and run” driver who is unknown, you may claim under your collision insurance, usually without it being charged against your record, provided you report it to the police right away? You have to pay the deductible. If you don’t have collision coverage, you can’t make a claim.

… if your car is driven by an unlicensed or unqualified driver, or a driver who is impaired or drunk, under certain circumstances your company may not pay all of your claim and you may have to pay back money they have had to pay for damage or injury caused by that driver?

… that special rates can be earned when all drivers of the car have been licensed and accident free for the past six (6) years and no driver had more than two minor traffic violations (other than parking) in the past six years? In most cases, once you have this special rating, one accident will not cause you to lose all of your safe driving discount.

… that your insurance policy will be called upon to pay the majority of damages and injury resulting from an accident in which you are involved? These claims will only affect your rating when you are “at fault”. It also means that prices should not be the sole criteria when buying coverage; service, convenience, support and claims expertise are also prime considerations.

… that young drivers who take “approved” driver training courses can qualify for a premium discount? This can amount to a substantial amount, particularly for single males under twenty-five. More important is that new drivers who graduate from these courses have substantially lower fatality rates than those who don’t take part in such courses. Aren’t our kids’ lives worth it?

… that in Ontario it’s compulsory to carry third party liability insurance? It is an offence to drive a vehicle that is not insured to a minimum of $200,000 public liability and property damage. We recommend a minimum of $2 million coverage. The vehicle must also be insured to provide Ontario Accident Benefits and other Mandatory coverages.

To read more information on how to understand your car insurance click here for our guide.

To obtain an online quote for car insurance click here.