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 (...)
What is “no-fault” Car Insurance?
If you think having “no-fault” car insurance coverage means you’ll never be considered “at fault” for an accident, you’re not alone — that’s a pretty common misconception. But in the insurance world, “no-fault” means something a little different. “No-fault insurance” is the term used to describe the car insurance system that’s in place primarily in Ontario, Nova Scotia, New Brunswick, and PEI. The official name for this coverage is Direct Compensation Property Damage (...)