Who Needs Auto Insurance?

In order to drive a vehicle in Ontario, it is mandatory by law at carry at minimum: liability, accident benefits, direct compensation and uninsured motorist coverages.

Car Insurance factors

There are many factors that go into rating for your auto policy. While elements such as age, year, make and model, and driving experience are still used, insurance providers have also incorporated more specific factors. Things like distance to work, annual distance, years with prior insurance company, and whether the vehicle was purchased new or used are just a few of the many considerations made when calculating your rate.

Your Auto Coverage: A protective shield

Think of your Auto Insurance as a shield. This shield protects you and your vehicle in case of loss, bodily injury or property damage.

  • Liability – when you are legally responsible for bodily injury or property damage
  • Collision – covers your vehicle for both at fault losses or hit and runs
  • Comprehensive – covers your car for damages other than collision

Other protection includes:

  • Medical Payments: if you have to pay out an injury for yourself or a passenger
  • Uninsured Motorist Protection: Just because the law says auto insurance is mandatory, doesn’t mean that everyone will have it.

Other optional coverage you can purchase include:

  • Replacement vehicle: when your car is being fixed due to an insured claim
  • Replacement cost on vehicles that qualify when written off due to an insured claim
  • Roadside assistance

Reid &¬†Bradley’s Commercial Insurance: Your Ottawa Auto Insurance Experts

At¬†Reid & Bradley’s Insurance we know that insurance can be complicated. We will take the time to ensure that you don’t just have the best possible coverage for your needs, but that you also understand your policy and coverage.