The cost of your auto insurance is based on a number of factors. First, we use our historical data and experience, together with the information you share with us, to decide how likely it is that you will have an accident or face a loss associated with your vehicle.
Types of auto insurance
Car insurance is mandatory for driving in Canada. No matter what kind of vehicle you are insuring, there are different levels of coverage you can choose from:
- Coverages to protect you from costs to repair damage to your vehicle caused by an impact with another vehicle or an object (such as a guardrail).
- Coverages to protect you from costs to repair damage to your vehicle from unexpected situations such as fire, theft, vandalism or some natural disasters.
- Protection that covers you for both scenarios above.
- Specific coverage which protects your vehicle only against specific dangers, such as theft or attempted theft, some natural disasters, riots, etc.
Beyond that, whether you’re driving an automobile, motorcycle, RV or even off-road toys, your broker can provide you with options to consider for your ideal coverage.
