Auto Insurance Brampton & Guelph ON
As an auto Insurance Advisor in Ontario, Paul Taneja will help you choose the best comprehensive, collision, or liability auto insurance coverage for your dollar. With different monthly premiums and deductibles, Paul Taneja will make sure you fully understand your options. Paul deals with almost all major insurance companies and will help you save time and money. Paul has some exclusive plans for professionals under group rates.
To learn more about the best types of insurance for your requirements, reach out to Paul Taneja - Ontario’s leading insurance Advisor
Car insurance in North America is required by law. If you own a vehicle you should have Car insurance, which is important if you get involved in an unfortunate accident or event. It helps to ensure that you, your vehicle and passengers are protected. In Ontario we have No Fault rules, which means you have to go through your own insurance company regardless of who is at fault in accident or incident. As it is required by law so you should have proof of insurance in your vehicle in case you got pulled over by the Police.
Ontario is the Province where we pay one of the highest premiums for auto insurance. After British Columbia Ontarians pay the highest for Auto insurance.
There are two major reasons why Ontario auto insurance is very high-one is Frauds and Second is the cost of settling the claims is very high. Auto insurance Fraud must be rooted out. There are different Forms of Fraud Auto claim-from Stage collisions to Overcharge by health practitioners for treatment. One third of the cost of benefits claims paid to Lawyer’s Fee. These 2 things need to be resolved to reduce the cost of Auto Insurance premium.
There are three types of coverage in Ontario for auto insurance.
- Mandatory (Basic/ Liability) Coverage:
This is a bare minimum coverage you have to be a legally insured driver. It covers if you injure someone or damage their property. Payment will be made on your behalf. In this coverage, your vehicle does not have any physical damage coverage and you are responsible for all damages related to your vehicle.
- Comprehensive Coverage:
This will protect your vehicle if your vehicle got stolen or damaged by natural disasters.
- Collision Coverage:
This will provide coverage for repairs to your vehicle if you met an accident or event regardless of who is at fault. It also covers property damage and any damage to your vehicle that is a result of collision with Tree, Building etc.