Get Insurance Quotes Canada
4AutoInsuranceQuote.com is an American car insurance quote provider. Every now and then, however, our friends north of the border happen to stumble upon our site. If you are a Canadian customer, fear not. We haven’t forgotten about you! Although we cater mainly to our American clientele, please continue reading below for information about how you, as a Canadian, can find low cost auto insurance.
All About Canadian Auto Insurance
Driving a vehicle comes with a risk. Everyone has a chance of causing a car accident, and these collisions can result in serious injuries and extreme damage to property. In Canada, the person who causes these crashes is the one who will need to pay any medical bills that the injured receive. They will also need to replace or repair any property that they damage.
Government-Run and Private Car Insurance Companies
Most people are not prepared to meet all of the expenses they will be required to pay, so they will want to take advantage of car insurance in Canada. Every province has private insurance companies that can accommodate this need, but the government also runs car insurance companies where people in British Columbia, Saskatchewan and Manitoba may purchase their insurance if they so desire. For car insurance quotes in Ontario, residents will want to shop around for insurance because there are no Government-Run companies.
All drivers are required by law to purchase car insurance because it may not be possible for at-fault drivers to be able to afford to pay everyone’s bills. The first part of mandatory coverage that people need is called liability. The liability coverage is what will be used to pay for all third-party injuries and damages to property. Third parties may be the at-fault driver’s passengers, drivers in other cars and their passengers and pedestrians. Drivers in every province and territory will need to purchase liability coverage.
Accident Benefits/Bodily Injury
Liability coverage is limited to the damages caused to the third parties. This means that the at-fault drivers will not have any help if they experience bodily injuries and their property is damaged. For this purpose, the provinces and the territories also require that their drivers purchase car insurance in Canada that can cover these medical expenses.
The type of coverage that pays an at-fault driver’s medical bills is called Accident Benefits/Bodily Injury (AB/BI). This part of an insurance policy pays the medical bills as well as for the salary that people lose when they are unable to return to work due to their injuries, and it doesn’t matter who caused the collision. AB/BI is also known by the name of Section B.