Ten types of car insurance Canada for you choose

1.1. Liability insurance

This insurance is required by law across Canada. It includes the costs related to the damage caused to another person or vehicle in an accident, including medical bills, lost income, rehabilitation, legal fees and other expenses up to the limit of the policy. As a matter of fact, customers will want to have enough insurance to make a decision against them in a major accident so that the personal property is not threatened.

1.2. Emergency road service

ERS insurance provides customers with roadside assistance in the event of an accident or risk while you are driving. It also includes the cost of getting your car back on the road. These costs may include light mechanical labor, oil or gas distribution, new batteries, booster, tire replacement, locksmith service, or even a tow. With help on the go, ERS is under pressure from the incident.

1.3. Comprehensive insurance

This type of auto insurance covers damage caused by an unrelated accident to a car accident or a car crash. Comprehensive coverage usually includes hazards such as extreme weather, vandalism, falling objects, fire, theft, and floods.

1.4. Collision insurance

Collision insurance covers damage to the vehicle in the event of a vehicle being a rollover or collided with a vehicle or other object. If your car is added, collision insurance will pay for the replacement cost.

1.5. Uninsured motorist coverage

Include costs related to the injury or death after an accident caused by another driver or uninsured or unidentified, as in the case of a crash. Keep in mind that this insurance only pays for damage to the vehicle if the uninsured motorist is also identified.

1.6. Direct compensation property damage 

Only available in New Brunswick, Ontario, Nova Scotia, and Quebec, DCPD insures the vehicle of customers for losses and damages after an accident that you are not fully responsible for. But other drivers must be identified, covered, and found at least partially due to a fault.

1.7. All-perils insurance

Provide protection against all types of danger except for specific exclusions from your policy.

1.8 Accidents benefit coverage

Provide customers with health care services and income replacement benefits if customers are injured in a car accident.

1.9. No-fault insurance

Deal with the own insurance company regardless of who has the fault in the accident. With no-fault insurance, customers do not have to pursue the insurance provider of another driver for compensation. The insurance company will pay the benefits, so the medical bills are covered and you can go back on the road.

1.10. Specified perils

This type of car insurance covers only the hazards that are named in your policy, and it usually includes common hazards such as hail, fire, theft, and windstorms. Specific risks are often purchased as a cheaper alternative to comprehensive insurance.

2. Why people need car insurance Canada?

People must have car insurance if owning a car or other vehicle. Car insurance may protect people from:

• Repair the vehicle or other means if it is damaged or in an accident
• Everyone is responsible for an accident that damages the car or the injury of another person to another person

Insurance companies can refer to car insurance as property insurance and casualties. Asset and casualty insurance also includes home insurance, business insurance, and disaster insurance.