Canadian law states that there is a minimum amount of liability insurance coverage that every vehicle owner has to buy. How much coverage is that minimum however, changes from state state.
- In Montreal, auto insurance that has a minimum liability coverage is $50,000. In other places in Canada, this is $200,000.
- Also, the types of auto insurance coverage that are required by law in Canada differ as well. While Third Person Liability is required by all provinces, the amount which corresponds to a minimum differs. Unlike Manitoba and Saskatchewan, Physical Damage Coverage is not required in Montreal.
- The Property Damage Liability Coverage in Montreal is $20,000.
- In Montreal, there are no Personal Injury Claims. Medical expenses occuring because of car accidents are paid by the Quebec Provincial Fund. Wage loss is also compensated by the QPF, but this has a limit.
In addition, you should also check out these factors which can affect your auto insurance quote rates:
Driving Record: Obviously, your driving record plays a big role in determining how likely you are to have accidents. A clear driving record means you’re both law-abiding and are unlikely to be in a lot of accidents, so your rates go down. If you have had some accidents in your time, however; your rates can go up considerably.
Driver Age: Statistically, it has been determined that people younger than 25 are more likely to cause accidents or get involved in accidents; so if your age is 25 and up your rates are likely to be less.
Dwelling Location: Some cities are bigger and denser, which makes them more likely to host accidents. You do the math…