Minor (minor conviction)
Policy cancellation
If your insurance company cancels your policy for any reason (e.g. non-disclosure of tickets, non-payment), it may affect your rates in the future. It doesn't count if you cancelled the policy yourself.
Vehicle make
We use information like the make of your vehicle to figure out your premium. We look at details of other claims submitted for that make: like repair costs, rate of injury, and the chances that your car will be stolen. We also consider the Manufacturer's Suggested Retail Price when we put together your premium.
Vehicle model
We use information like the model of your vehicle to figure out your premium. We look at details of other claims submitted for that model: like repair costs, rate of injury, and the chances that your car will be stolen. We also consider the Manufacturer's Suggested Retail Price when we put together your premium.
Vehicle year
We need to know the year of your vehicle, so we can consider things like repair costs, rate of injury, and the chances that your car will be stolen. Generally, newer vehicles are more attractive to thieves. So you'll end up paying a higher premium than if you insured an older model of the same vehicle.
Damage to non-owned automobiles (No. 27)
If you need to rent a car for a short term, this option provides you with collision and comprehensive coverage on the rented car. This type of insurance can get expensive if you purchase it from a rental car company. Some of these companies charge up to the same amount per day for this coverage, as you pay for a year's premium.
Number of insured vehicles
If you insure more than one vehicle with us, you could get a discount on the premium of these vehicles.
Licence Class (Ontario)
Ontario has 3 types of licence classes for private passenger vehicles up to 4,500 kilograms. G1 is the first licence level. It is a highly restrictive licence for those who have passed an initial driver's test. At the end of 8 or 12 months, if the driver has passed a driver's training course, another road test is required.
G2 is the second licence level. It is less restrictive and is held for a minimum of 12 months and a maximum of 24 months. A road test is required at the end of this period.
G is a regular unrestricted licence.
Licence Class (Alberta and the Maritimes)
Class 7 is the first licence level. Sometimes it is called a "learner's permit". This is a restricted licence that allows you to drive only if you have another fully licenced driver (Class 5) in the car with you.
Class 5 is a regular unrestricted licence.
Licence Class (Newfoundland)
Newfoundland has 3 types of licence classes for private passenger vehicles. Class 5 Level 1 is the first licence level. It is a highly restrictive licence for those who have passed an initial driver's test. At the end of 8 or 12 months, if the driver has passed a driver's training course, another road test is required.
Class 5 level 2 is the second licence level. It is less restrictive and is held for 12 months.
Class 7 is a regular unrestricted licence. You are promoted to this level automatically if you have held your Class 5 Level 2 licence for 12 consecutive months without receiving any suspensions.
Postal code
Auto insurance rates vary, depending on where you live. Rates in big cities are usually higher than in more rural areas. Why? Because with more people living in one place, the risk is higher that an accident, theft or vandalism will occur.
Collision coverage
Collision coverage protects your vehicle if it is damaged in an accident. This coverage is optional because the cost of insuring some older vehicles for collision could be higher than the value of the vehicle itself.
Direct compensation- Property damage
This option is mandatory in Ontario. It provides coverage for damage to your car and any of your property inside the car, because of an automobile accident where you are not-at-fault.
Comprehensive coverage
Comprehensive coverage protects your car against loss or damage other than the collision coverage. This would include falling or flying objects, missiles, vandalism and theft.
Comprehensive coverage - Limited glass (No. 13d) (Alberta only)
This option works a little differently from other options. By choosing 13d Comprehensive coverage - Limited glass, you are not adding coverage to your policy, but taking some away! It limits the coverage on your car's windshield and glass from things like stone chips and cracks, but still provides coverage if your window is broken during a theft. Choosing this option can help reduce how much you pay for your insurance.
Accident benefits
Accident benefits coverage provides for you and your family if you are injured or killed in an automobile accident. Accident benefits provide income replacement for persons who have lost income as well as
payment of funeral expenses and payments to survivors of a person who is killed.
Emergency road service (No. 35)
Stuck at the side of the road with a non-functioning car? This coverage pays for your towing services. Before you sign up for this coverage, be sure to check if you already have emergency roadside assistance coverage with an independent company.
Family protection (No. 44)
Family protection Coverage provides coverage for you and your family from the actions of an at-fault, underinsured driver. If you are travelling in a province or a state where the mandatory liability coverage is low, family protection coverage ensures that you and your family are covered up to your own policy's limits regardless of the other person's coverage levels.
Liability limit
Liability insurance provides coverage for you if someone else is injured or killed. It also provides coverage if their property is damaged as a result of an automobile accident.
Loss of use (No. 20)
Say you're involved in an accident and your car is damaged. Loss of use coverage pays for a rental car or alternate transportation while your automobile is being repaired. Coverage limits can vary.
Uninsured automobile and unidentified driver (Atlantic Provinces)
This option provides coverage if you are in an accident with an at-fault, uninsured driver. It even covers you if the driver is not identified at the scene of the accident. (e.g. hit-and-run accidents)
Uninsured motorist coverage (Ontario and Alberta)
Provides coverage for you if you are in an accident with an at-fault, uninsured driver who is identified at the scene of the accident.
Depreciation waiver coverage (No. 43)
Has your car been written-off in an accident within the first 24 months of the original delivery date? This optional coverage ensures that you will receive the full value of what you paid for the car -- without depreciation. If your car can be safely repaired, we will arrange for necessary repairs.
Major or criminal convictions
Criminal traffic charges or major convictions include things like hit-and-run, and alcohol-impaired driving.
Minor convictions
Minor tickets or minor convictions include things like speeding, disobeying a traffic signal, failing to yield to a vehicle or pedestrian, or improper lane changes. Include any tickets that you've received whether you've lost "points" or not. The better your driving record, the lower your premium.
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