- BUSINESS INSURANCE
- PERSONAL INSURANCE
- I’M A BROKER
What is auto insurance and why is it important?
If you’re a daily commuter or you just go on occasional grocery shopping trips, you’ll need good auto insurance. Regardless of your province, by law, you are required to hold some level of auto coverage. Aside from the legal side of things, car insurance can also provide you with peace of mind, leaving you knowing that you’re covered against unexpected costs in a variety of circumstances.
Auto Insurance protects you from the worst-case scenario.
What to look out for in an Auto Insurance policy
Although Auto Insurance covers many situations, there are a few things to look out for before you commit to a policy
Determining the cost or coverage of the three factors above can determine the price of your policy. For example, a larger coverage limit commonly leads to a higher monthly cost for your insurance policy. Other factors that could affect the cost of your policy include:
- How long you have been driving for
- If you have previous accidents
- Where you park your car at night
- Your insurance history
Auto Insurance may seem like another cost you don’t want to pay for when fuel, maintenance fees are on the horizon. But having Auto Insurance protects you from the worst-case scenario. In reality, the best case is that you’ll never have to use the policy. But if you’re ever in an accident or your car is damaged or stolen Auto Insurance may save you from an enormous financial burden.