In Ontario, it is law for all vehicles to have minimum insurance coverage, in the event of an Ontario car accident. The minimum liability insurance limits for Ontario vehicles is $200,000.00 for liability resulting from bodily injury or death.
Although many vehicles in Ontario are insured for more than the minimum liability limits, there are situations where the at-fault vehicle may be uninsured or underinsured. These situations may arise where there is a Hit and Run Accident or where the other vehicle simply has no insurance or only minimal coverage.
The Car That Caused The Ontario Car Accident Leaves The Scene and Cannot Be Located.
The Car That Caused The Ontario Accident Has Little Or No Insurance.
How Can You Protect Yourself?
Answer: Uninsured and Underinsured Motorist Coverage.
This form of insurance covers you should you ever be involved in an accident where the other vehicle has fled the scene and cannot be identified, or where the other vehicle has little or no insurance available. This form of insurance will also protect you if travelling with your vehicle outside of Ontario. For instance, if you drive to the United States, you may be involved in an accident in a state with lower insurance limits than Ontario. In such a situation, your own Underinsured and Uninsured policy will be available to pay for those damages not covered by the other driver's policy.
No one knows when or where they will be involved in a car accident. You cannot determine who hits you.
Protect yourself against the risk of being hit by an uninsured or underinsured motor vehicle.
Talk to your insurance agent or broker to make sure you have adequate uninsured and underinsured motorist coverage.