There are four basic coverages that are included in the standard auto policy: liability, collision, comprehensive and uninsured/underinsured motorist. Each of these coverages provides different types of protection for you and your vehicle.
Liability coverage helps to protect you if you are found responsible for injuries or damage to another person or their property. Collision coverage helps to repair or replace your car if it is damaged in a collision with another vehicle or object. car insurance St Catharines help you with Comprehensive coverage to repair or replace your car if it is damaged by something other than a collision, such as fire, theft or vandalism. And uninsured/underinsured motorist coverage protects you if you are injured by a driver who does not have enough insurance to pay for your damages.
When you are looking for auto insurance in Ontario, you will likely come across four basic coverages that are included in the standard auto policy: liability, collision, comprehensive and uninsured/underinsured motorist. Each of these coverages provides different types of protection for you and your vehicle.
Liability coverage is mandatory in Ontario and pays for damages that you may cause to another person or vehicle in a crash. It also covers legal expenses if you are sued as a result of the accident. Collision coverage pays for damages to your car if you hit another object, like a tree or another car, in an accident. Comprehensive coverage pays for damages to your car resulting from non-accident related incidents, like theft or vandalism. And uninsured/underinsured motorist coverage protects you if you are in an accident with a driver who does not have enough insurance to cover the damages.
Knowing what these coverages are and understanding what they provide can help you make an informed decision about auto insurance. Talk to an insurance broker to learn more about the coverages available to you and find the policy that fits your needs.
So what are the 4 basic coverages of the standard auto policy? They are liability, collision, comprehensive and uninsured/underinsured motorist coverage. Each one provides different types of protection for you and your vehicle. Talk to an insurance broker to learn more about the coverages available to you and find the policy that fits your needs.