Auto insurance is mandatory in most regions of Canada. But having an insurance policy doesn’t necessarily mean you have the right coverage. For instance, if you use your vehicle for business purposes, you may be required to purchase commercial auto insurance. Don’t worry though, it isn’t rocket science! There are three main factors that determine if you should consider purchasing commercial auto insurance (...)
You’ve just had water damage or a fender bender. Finding your insurance documents or broker’s phone number shouldn’t be an added ordeal. To make managing these stressful times a bit easier, and to adapt our services to your needs and schedule, Intact Insurance has developed an app that allows you to access your insurance information on your smartphone or tablet. You can also connect to your account on your computer via the Client Center. Our goal? To be there when you need us. So that you have more time for what really matters (...)
Third Party Liability Coverage protects you if someone else is seriously injured or dies, or if their property is damaged, caused during the use of your vehicle. Your liability coverage will pay for accident benefits, medical costs, lawsuits and damages awarded to the injured party, but it will only pay up to the amount of coverage you have chosen. You can choose the amount of your liability coverage depending on what makes sense for your situation (...)
Auto insurance is designed to protect you and your vehicle when you need it most — but all policies have limits and exclusions, and you may want to add extra coverage to make sure you’ll always be protected. The province of Ontario mandates that you carry the minimum coverage, which includes third party liability coverage, statutory accident benefits coverage, direct compensation coverage, and uninsured automobile coverage. However, there are situations where you will want or will be required to have additional coverage, often in the form of endorsements. In the insurance world, an “endorsement” is a change to the coverage outlined in your insurance policy (...)
Intact's myDriving discount has been around for quite some time monitoring your braking, acceleration, and what time your drive your vehicle. Previously this information was tracked via a plugin device that was installed into your vehicle, but as of recently this data can now be tracked through a cell phone application. The application allows you to view a road map of each trip you take, including any events (hard braking, rapid acceleration, driving during high risk periods), and see your potential savings (...)
Thinking about hitting the open road this summer? Sometimes there's no better way to unwind then a long scenic road trip with your friends or family. Canada has some of the most beautiful highways in world, and each province excluding Saskatchewan has their own unique attributes. So if you've got a full tank of gas and some time to spare, whether it be for a day trip, a weekend or longer, get out there and explore what our country has to offer this summer. Worst case scenario a bear kills you. We’ve put together a list of Canada’s top five scenic road-trip destinations to get you on your way (...)
Every day their seems to be a new company or service being introduced to the marketplace that's part of our increasing demand for a more sharing economy. If you have extra resources that aren't being used you might as well get some money for them. List your car at the Turo website. It’s free to register and you set the pricing and availability. Once listed, your car can be viewed by a community of Turo renters (...)
The Financial Services Commission of Ontario (FSCO) has released another auto insurance reform for 2016. Some of these changes might have affected your insurance policy already, such as the winter tire discount (January 1st), but most of these changes won't be effective until June 1, 2016. They consist of items like raising comprehensive deductibles and lowering interest payments (...)
There are so many misconceptions about how Auto Insurance works, that can make things really confusing. These notions can blur the facts, making an already difficult topic even more difficult to understand. These misconceptions could result in many Canadians putting their assets and lives at risk by not purchasing the correct coverage, or by buying more coverage they already have (...)
