Car insurance for New Canadians
Many new Canadians are not familiar with the insurance laws of Canada. While in some provinces like Quebec, auto insurance is partially provided publicly and paid for through the registration of a vehicle. In provinces like Ontario however, car insurance - while required by law - is separate from vehicle registration, and is privately administered.
The first and most important step is to ensure that you are legally licenced to drive in Canada, as with out a legal drivers licence you will be unable to obtain insurance. Even if you were licenced in your country of origin, not all countries have an agreement with Canada to transfer drivers licences, and you may require additional driver training to qualify.
Once you have ensured that you are licenced to drive in Ontario, it's a relatively simple process to obtain insurance. The first step is to speak to a broker about your insurance needs. In Ontario, the law requires that you carry a minimum of $200,000.00 in liability insurance; hoverever, other forms of coverage may be optional. These include comprehensive coverage and collision - which while not required by law - may be required if you finance or lease your car by your financial institution.
Many of the insurance terms may differ in Canada from your country of origin. At Cheap Car Insurance Toronto we have compiled a brief glossary of car insurance terms that will help explain the basics of the insurance industry.
You can rest assured however that finding affordable auto insurance - no matter what your needs - is possible, and Cheap Car Insurance Toronto will be more than happy to assist you in your quest. Call us today to speak with a licenced broker who will be able to provide you with a personalized quote based on your coverage needs and budget.