No More Mistakes with Types of Car Insurance Before You Get a Quote
Every car driver needs valid car insurance when commuting in Canada. With so many choices of coverage and companies, it pays to be diligent while searching for the right auto insurance policy.
On the surface, car insurance might look the same, but one size doesn’t fit all. You need to research and understand your needs before buying your policy. Being over-covered or under-covered is one of the most common mistakes made by policyholders. Read on to know more about the mistakes you can avoid before you look for a car insurance quote.
1. Picking the Wrong Level of Cover
Third-party Liability Coverage – This insurance plan covers damages caused to the other party in case of an accident. However, it does not cover any medical expenses or damages caused to your own vehicle. This a mandatory insurance in Canada and helps you pay for bodily injury and property damage caused to someone else during an accident.
Comprehensive Coverage – You can add this along with liability coverage to your policy. It helps to pay for any damages caused to your car in an accident or because of a natural calamity or theft. It is a wholesome protection but it can cost more on your premiums.
2. Forgoing Optional Coverage
3. Not Opting for Add-ons
4. Not Knowing Your Policy
Before you search for auto insurance quotes, it’s always a good idea to understand the different types of coverages, analyze what you need and only then select your policy. Remember those small additions to your premium costs can save you from potentially expensive surprises in the long run.
Article Tags: Damages Caused
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