Auto Insurance in Canada

Insurance in Canada, partly reminiscent of the U.S., where individual states may set their own rules. So in each Canadian province has its own, a special system of insurance, give us something, but differs from the next.

Private and public insurance

However, a group of provinces (British Columbia, Saskatchewan, Manitoba and Quebec) stands apart – they are operating a state-owned and operated by the State as the insurance system, numbering already more than 30-year history. According to the study of the Consumers' Association of Canada, this device allows the residents of these provinces to pay for insurance, a smaller amount than in other, where the insurance is carried out by private companies.

But even among these four provinces, there are differences. For example, in Quebec's possible to buy government insurance to protect only the responsibility for causing harm to life and health. Responsibility for iron (the same one on which in Russia is 98% of all payments for CTP) must be insured for private traders.

The possibility of using such a system of insurance in Canada was discussed in other provinces such as New Brunswick, Nova Scotia, and Newfoundland and Labrador, but the final decision is still pending.

Risks

Speaking of Canadian auto insurance in general, we should note that car insurance throughout the country is required. Different, as mentioned above, is the lowest possible level of coverage, as well as the additional risks that can be included in the policy have on their own. But one risk is mandatory everywhere except for Newfoundland and Labrador – "Emergency Manual» (Accident Benefits) – this insurance will cover all medical expenses after an accident, as well as losses due to loss of efficiency. And it works regardless of who is to blame for the accident, hence her second name (no fault). Learn more about caterpillar sis!

As for other risks, the Canadian auto market, there is a set of variations (unique, repeat, for each province) between the two opposing systems – the aforementioned no fault (if you do not insure their responsibilities and themselves) and tort law (special legislation which treats the individual responsibility of the options with respect to those injuries which it caused to another person).