Vehicle Insurance for Yarmouth Drivers
Located on the tip of Nova Scotia, the fishing town of Yarmouth is the cultural centre of the region. On weekends, only about 7,000 people call it home. But during the week, thousands more commute to work or school there. With so many people coming and going, it is important to have good car insurance in Yarmouth.
If you live in Yarmouth full-time or spend your weekdays there, you probably know that despite its charm, the area has a rate of property theft that is 2% higher than the national average. This statistic means you run a high risk of someone breaking into or stealing your vehicle if you leave it unattended. Without proper coverage, you will not receive compensation for your stolen belongings.
Vehicle accidents have increased over the past several years, especially on major highways. One reason for accidents is slick roads due to the frequent rain in Yarmouth, especially in autumn. Even though the ocean breezes protect the area from climate extremes, temperatures do dip below freezing in the winter, causing problems with dead car batteries and frozen fuel lines.
Mandatory Car Insurance in Yarmouth
The government of Nova Scotia requires that all drivers have the following three basic types of car insurance in Yarmouth. This policy is in place to protect all drivers in case of accidents.
Third-Party Liability
Third-party liability covers expenses if you are at fault in an accident that damages someone else’s car or injures another person. It not only helps pay for your legal bills if someone sues you, but it also covers the medical bills of anyone you injure.
Uninsured Automobile
If someone driving without insurance hits you, he or she probably will not be able to afford to pay for the damages. In this case, uninsured automobile insurance pays to repair your vehicle. Because people driving without insurance is a serious problem, uninsured driver insurance is mandatory everywhere in Canada.
Accident Benefits
This type of coverage provides for your medical care in case you are injured in a car crash. It also pays for lost income if you cannot work and for funeral expenses if the crash is fatal. You receive the benefits even if you were at fault in the accident.
Optional Coverage
If you are like many vehicle owners, you are not satisfied with the minimum coverage the law requires. Other policies you need depend on the type of car you own, how frequently and far you drive and the types of risks you face in your community.
Comprehensive Auto Insurance
Comprehensive coverage is an optional type of policy that many people choose for the security it brings. This policy pays for damages to your vehicle due to any cause, including the following:
- Vandalism
- Theft
- Hail
- Fire
- Natural disasters
The vehicle does not have to be moving for this coverage to apply. Having comprehensive car insurance in Yarmouth means you never have to wonder whether your vehicle is protected.
Collision Insurance
Collision insurance pays for repairs due to collisions of all types. Whether you back into a tree, slide off the road or have a head-on collision with another car, this policy goes into effect immediately.
Non-Owners Policy
If you rent cars frequently, then consider adding a non-owners endorsement to your policy. It can save you money in the long term if you are worried about damaging a car that does not belong to you.