Turn to Us for Auto Insurance in Vaughan
Sometimes automobile insurance is difficult to understand, and it's not always simple to choose the best policy. Since you should consider legal insurance requirements, optional coverage, deductible choices, and different levels of coverage, let Ken Maynard Insurance Brokers Ltd. answer your questions about your auto insurance in Vaughan. We can advise you about which choices are best for your individual vehicles and the drivers in your household. Book an appointment to discuss your specific coverage. We would love to assist you in finding options that ensure your security and work for your budget. For the right car insurance in Woodbridge, turn to Ken Maynard Insurance Brokers Ltd.
What Does Auto Insurance Do for Me?
The basic answer is, Auto insurance helps protect you from financial hardship and legal troubles. Depending on your personal situation, you have a lot riding on being adequately covered every time your vehicle is on the road. Here are some questions that show why you need car insurance:
- Do you have the extra money to pay up front for auto body repairs or property damage?
- Do you have a teen driver at home?
- Do you drive a lot in the ice and snow of Ontario winters?
- What would you do if your driver’s licence was suspended for one year on top of a $5,000 fine?
Most Common Auto Coverage
There are several types of auto insurance coverage that you can customize according to your choice. Some of them include:
Comprehensive
This coverage, sometimes called "apart from collision," can cover costs for damage to your car caused by vandalism, theft, severe weather, or accidents that involve animals.
Collision
Collision insurance can cover damage to your car irrespective of who is at blame. If you collide with another vehicle or item, another vehicle collides with you, or your vehicle falls over.
Roadside assistance
While you and your family members are commuters in somebody else's car or when your vehicle is damaged on the road, roadside assistance insurance may be offered.
Gap coverage
Difference insurance may be able to assist you in filling the gap between what you owe on your car and its current market value.
Uninsured driver
Uninsured driver coverage pays for loss and healthcare costs for you and your passenger if an uninsured driver is responsible for the accident causing property damage or physical harm.
Liability for bodily injury
Bodily injury insurance covers the costs of any losses you may be legally responsible for due to the accident, such as medical expenses and lost revenue for the injured person.
What Auto Insurance Must I Have in Ontario?
It is financially and legally costly if you are caught driving without auto insurance in Ontario. (See the last question above.) Ontario law requires drivers to have at least the minimum coverage. Ken Maynard Insurance Brokers Ltd. will ensure you have the mandatory auto insurance in Vaughan, which covers damages and injuries you or others may experience in a collision, such as:
- Minimum third-party liability coverage of $200,000
- Accident benefits for financial support in cases of injury or death
- Uninsured automobile coverage
- Direct compensation – property damage (DCPD) coverage for your vehicle
What Is No-fault Insurance?
Fault for an auto accident will be determined between 0 and 100%. No-fault insurance makes the difference that your insurance company will pay your claim, and the other driver’s insurance will pay theirs. Not waiting for a fault determination makes claim payments easier, so you can have your vehicle repaired more quickly. No-fault insurance doesn’t release drivers from responsibility, and your rates still might increase.
How Can I Decrease My Auto Insurance Rates and Deductibles?
Our local independent insurance broker, who has access to various companies and policies, can help you find ways to decrease the rates and deductibles on your car insurance in Vaughan. Rather than trying to plug in information on a website, you can personally review the coverage you need according to your particular conditions. Ken Maynard Insurance Brokers Ltd. is here to find savings for you such as:
- Having a good driving record and being accident-free
- Being in a certain age group
- Living and driving in areas with low claim rates
- Dropping other drivers from your insurance
- Bundling your auto insurance with other policies
Contact Us
If you are looking for auto insurance plans, look no further and reach out to us. . Ken Maynard Insurance Brokers Ltd. offers a comprehensive range of dependable insurance services and products to fulfil a wide range of requirements. We also offer a range of other insurance services. If you need advice or guidance before making a choice, we are here for you. Speak to us now, and we will be happy to help.
