Category : Insurance

The Six more common types of Car Insurance and what they cover.

There are six more common types of auto insurance coverage available in Ontario. In addition to the auto insurance coverage that is mandatory in the province, these six additional types of auto insurance can provide you with important protection in the event of an accident.

1) Collision Coverage: This type of auto insurance coverage helps to pay for damages to your car that occur as a result of a collision with another vehicle or object.

2) Comprehensive Coverage: Comprehensive auto insurance coverage helps to pay for damages to your car that are not caused by a collision, such as damage from hail, fire or theft.

3) Bodily Injury Liability Coverage: This type of car insurance St Catharines coverage helps to protect you financially if you injure or kill someone while driving your car.

4) Property Damage Liability Coverage: This type of auto insurance coverage helps to protect you financially if you damage someone else’s property with your car.

5) Uninsured/Underinsured Motorist Coverage: This type of auto insurance coverage helps to protect you financially if you are in an accident with a driver who does not have auto insurance or does not have enough auto insurance.

6) Personal Injury Protection (PIP): PIP auto insurance coverage helps to pay for medical expenses and lost income resulting from an accident, regardless of who is at fault. It is mandatory in Ontario.

As you can see, there are a variety of different auto insurance coverage options available in Ontario. It is important to understand what each of these coverages includes so that you can make an informed decision about which type of auto insurance is right for you.

In Ontario, there are six additional types of auto insurance coverage available in addition to the auto insurance coverage that is mandatory in the province. These six additional types of auto insurance can provide you with important protection in the event of an accident.