Auto Insurance
What is Auto Insurance?
Auto insurance is more than just a legal requirement in Ontario, it is your financial shield on the road. As a licensed RIBO insurance broker, I work directly with you to navigate Ontario's mandatory coverages and optional benefits, ensuring your policy is custom-tailored to protect your vehicle, your family, and your savings from the unexpected.
Types of Coverage
1. Third Party Coverage
2. All Perils Coverage
Popular Add-Ons
1. Rental Car Coverage
Covers the cost of renting a car up to a determined limit while your vehicle is being repaired after a covered incident.
2. Waiver of Depreciation
Removers the insurers right to deduct depreciation from the value of your vehicle when settling a claim for loss or damage by an insured peril
3. Increased Accident Benefit Coverages
While the compulsory coverage is included in your policy, there are also enhanced options which should be considered depending on your unique circumstances.
Tips for Saving on Auto Insurance
- Bundle Your Policies:
Combine your auto insurance with other policies like home insurance for potential discounts.
- Equip Winter Tires:
Purchasing and equipping winter tires during the winter months can save you up to 10% on your auto policies.
- Maintain a Good Driving Record:
Avoid accidents and traffic violations to keep your rates lower.
- Drive a Safe Vehicle:
Choose a car with high safety ratings and security features, which can reduce your premium.
- Partner with a RIBO Broker:
Don't waste hours shopping around. Working with an independent broker like myself gives you direct access to 60+ of Canada's top insurance companies. I shop the entire market simultaneously to lock in the absolute lowest premiums for your specific driving profile.
Understanding Auto Insurance Terms
- Premium:
The amount you pay for your insurance coverage, typically on a monthly or annual basis.
- Deductible:
The amount you pay out-of-pocket before your insurance coverage kicks in for a claim.
- Coverage Limits:
The maximum amount your insurance will pay for a claim, which can vary by policy and coverage type.
Looking for Auto Insurance?
I'm dedicated to helping you find the right auto insurance coverage tailored to your needs. We'll work together to access your driving record and determine the best coverage for your needs at the lowest premium possible!
For more information or to get a personalized quote, contact me today!