Basics Of No-Fault Car Insurance In Ontario

Imagine this scenario: While sitting at a traffic light, waiting for the right of way, another motorist rear-ends your vehicle. Clearly, she is at fault. Yet the police officer who arrives on the scene deems that “nobody is at fault.” How is this possible? What does the officer mean? And more importantly, how can you seek compensation for damage to your vehicle and costs related to your injuries?

The answers to these and other questions about no-fault car insurance will become clearer below. Many consumers are understandably confused about this form of insurance, and how it affects their coverage. Further confusing the matter, each province handles it differently. For example, Saskatchewan allows drivers to choose between a full tort system and a no-fault system. Manitoba, on the other hand, maintains a tort-free system (i.e. you cannot sue for compensation). The following discussion will focus exclusively on the no-fault system used in Ontario.

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Cheap Auto Insurance Quotes in Your Area

One of the easiest ways to save money today in the crumbling fiscal state of the global market is by obtaining cheap auto insurance quotes. Regardless of whether you already have insurance, or you are considering purchasing a new vehicle that will need coverage, it is important to check for the best deal before blindly purchasing a policy. Doing so not only saves you money, it also guarantees that you will be working with the most reliable people in the industry.

Seeking out the cheap auto insurance quotes you desire is never an easy process, but it is very rewarding in the end if you succeed. Companies are willing to be flexible and negotiate a little when it comes to your policy. It will ultimately assist them by gaining more business. However, just because they are willing to negotiate with you does not mean that you should blindly accept their offers without first checking at a variety of other insurance agencies online and in your local area. Shopping around for the best deals is the best way to save money on any product or service, and getting insurance policies is no different.

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Car Insurance Policy Basics

Shopping for car insurance can be a daunting task. Before purchasing a policy, it’s a good idea to learn about different coverage types and what each one really means.

Before shopping for auto insurance, you should understand the different components of coverage: liability, collision and comprehensive. Each of these components accounts for a part of the car insurance premium you pay. While it may be tempting to simply find cheap car insurance, it’s a smarter choice to make sure you and your car are adequately protected.

Three Basic Types of Coverage

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