Frequently Asked Questions About Auto Insurance
Auto Insurance FAQs
Q: What is mandatory auto insurance coverage in Canada? A: Liability coverage is mandatory in all provinces and territories. It protects you from financial loss if you cause an accident that injures someone or damages their property.
Q: What is the difference between liability and collision coverage? A: Liability coverage protects you from claims made against you, while collision coverage pays for damages to your vehicle in an accident.
Q: What is comprehensive coverage? A: Comprehensive coverage protects your vehicle from damages caused by non-collision events, such as theft, vandalism, or natural disasters.
Q: How can I lower my auto insurance premiums? A: You can potentially lower your premiums by maintaining a good driving record, increasing your deductible, taking defensive driving courses, and comparing quotes from different insurers.
Q: What happens if I get into an accident? A: Contact your insurance provider immediately to report the accident and follow their claims process. Gather information from the other driver and any witnesses.
