| th all insurance car insurance is a necessity and | | | | another person. This is referred to as third party |
| you should try to get as much as you can afford. | | | | liability. The insurance will protect you if you are |
| Canadian car insurance varies from one province | | | | injured in an accident. If a driver is not insured or |
| to another but whatever the cost one should | | | | you are a victim of a hit and run there is |
| never drive without insurance. That may be a | | | | coverage provided should you be injured or die. |
| very costly mistake. | | | | Also available as optional is coverage including all |
| Canadian law requires all drivers purchase | | | | perils, comprehensive and specified perils, and |
| automobile insurance. The insurance companies | | | | collision. All of these options or a combination are |
| assess each application against many variables. | | | | available for protection should you lose or damage |
| The various rates are based on these | | | | your car due to fire, collision, theft and other risks. |
| assessments. | | | | You evaluate your options and then find out the |
| There is a minimum amount of insurance | | | | cost. You may feel that some are more |
| coverage required by Canadian law. Except in | | | | important to you than others. |
| Quebec, the coverage is up to $200,000 for | | | | There is also coverage for your classic car. This |
| injury and personal damage to others. Should the | | | | has many stipulations and the cost is rather high. |
| claim be higher then you will have to be liable for | | | | However, after the amount you have paid or the |
| the balance except for $10,000 in property | | | | work you have put into this vehicle you may |
| damage. Quebec has a requirement of one | | | | think it is very wise to have the special classic |
| quarter of that amount because the government | | | | automobile insurance. |
| covers injuries to individuals. | | | | Generally you buy insurance through licensed |
| A strategy you may want to consider in buying | | | | brokers who are really intermediaries between |
| your coverage is to buy the minimum. Afterward | | | | you and the actual insurance company. They |
| you evaluate assets and needs in order to buy | | | | usually deal with different companies and try to |
| additional insurance. This, as any other insurance, is | | | | find the best coverage for you. They are |
| a protection against some unforeseen disaster in | | | | independent, offer advice and support, and are |
| the future. | | | | very respectful of your needs. You may want to |
| Your insurance company will want to know the | | | | deal directly with one specific insurance company |
| details about your car, how old you are, the | | | | who will assess your requirements and offer you |
| number of times that you have had an accident | | | | the service. Today, you can also buy automobile |
| or received tickets for road infractions, your | | | | insurance online. |
| gender, and where you live. They will assess your | | | | Protect yourself and your family. Try to purchase |
| risk factor with this information. From this | | | | the best insurance that you can possibly afford. In |
| assessment they will set the rate you pay. | | | | spending it now you may save yourself some |
| Typically in Canada the basic policy will protect | | | | outstanding costs later. |
| you if you are liable and there is damage to | | | | |