Auto Insurance Information

If you own and operate an automobile in Ontario you are required by law to purchase certain coverages outlined as follows:

Liability: 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. The minimum amount of coverage you must carry in Ontario is $200,000, however most insurance companies will quote you with a minimum limit of $1,000,000.
Accident Benefits: Provides benefits if you are injured in an auto accident regardless of fault. These benefits include, Supplementary medical care, rehab and attendant care, income replacement benefit up to a specified weekly limit, an allowance to those who have no income from employment, an allowance when a caregiver is injured and funeral expenses and death benefits when a person dies in an accident.
Uninsured Motorist: Protects you if you are injured by an uninsured motorist or by a hit and run driver. Direct Compensation/Property Damage: Under certain conditions, covers you for damage to your car and to property it is carrying when another motorist is responsible for the accident.