Provincial governments mandate that y'all deport for sure types as well as amounts of insurance coverage. These vary from say to province. Contact your insurance example for detailed data nigh the minimum coverages that y'all must have.
Generally speaking, at that topographic point are ii types of mandatory machine insurance coverage: Accident Benefits as well as Third-Party Liability.
Accident Benefits coverage pays for medical treatment, income replacement as well as other benefits to assist y'all heal if y'all are injured inwards a collision. Accident benefits are every bit good called “no-fault benefits,” which agency they are paid to y'all past times your ain insurer regardless of who caused the collision. Accident Benefits coverage is mandatory inwards every say except Newfoundland as well as Labrador.
The other mandatory coverage is Third-Party Liability. In most provinces, the individual who did non campaign the collision has the correct to sue the at-fault driver for additional costs as well as damages non covered past times Accident Benefits. Third-Party Liability covers y'all for the legal costs of existence sued if y'all are the at-fault driver.
Three provinces – Manitoba, Saskatchewan as well as Quebec (all alongside government-run machine insurers) – convey pure no-fault systems, which agency at that topographic point is no correct to sue. Ontario has a hybrid (mixed) system, alongside a generous ready of accident benefits plus the correct to sue for additional compensation for economical loss, if your injuries are recognized every bit permanent as well as serious.
