Auto Insurance: Montreal, QC

Auto insurance in Montreal protects you and other motorists in the event of an accident. Insurance covers you, other parties and every vehicle involved in the accident. Here are legally mandated coverage areas that you need for any auto insurance policy:

• Third-party liability
• Direct compensation
• Uninsured automobile
• Statutory accident benefits

Third-party liability covers you in the event of being found liable for the accident, even if your vehicle wasn’t damaged and you weren’t injured. Direct compensation coverage protects you and your property when another driver is found at fault.

Uninsured automobile coverage is used if the other driver isn’t identified, isn’t insured or is underinsured. Although you aren’t at fault, no other insurance policy would cover these situations. Finally, statutory accident benefits include income replacement and caregiving expenses in the event of an auto injury.

Collision Coverage

These legally mandated coverage areas don’t cover every incident, so many drivers consider adding collision coverage. Collision covers virtually any damage to your vehicle while it’s running. Here are a few common perils that are commonly covered by collision insurance:

• Animal or stationary object collision
• Collision with another vehicle
• Natural disasters while driving

Collision coverage affects your premium, so talk with your insurance agent about the pros and cons of this coverage option for your vehicle. The additional premium is an excellent deal for newer vehicles, but may not be as necessary for older vehicles.

Comprehensive Coverage

The final layer of coverage to complete your auto insurance in Montreal is comprehensive coverage. This covers most incidents not covered by collision, which is typically perils which damage your vehicle while not in operation. Here are common perils that can damage your parked car:

• Vandalism
• Theft
• Falling objects
• Fire
• Natural disasters

Collision coverage doesn’t protect your vehicle in these instances since it isn’t running. Just like collision, ask your agent about comprehensive options for your vehicle to see if it’s worth investing in.

Other Perils To Consider

Both comprehensive and collision only cover specific incidents, so be sure to go over your policy carefully with your insurance provider. Ask about perils specific to Montreal, such as flooding, to see what it would take to include these areas of coverage.

Don’t let your auto insurance in Montreal become unaffordable or a financial burden. Work with our auto insurance team at HUB International to find out how you can save money on your policy. Here are common ways that drivers can enjoy lower premiums:

• Anti-theft devices
• Safe driving
• Clean driving record
• Bundled insurance policies
• Telematic devices

A single item may not dramatically affect your premium, but many strategies combined can help you enjoy affordable insurance that doesn’t sacrifice essential coverage features. Practice safe driving habits and consider limiting the amount you drive to save on your premium.

At HUB International, we believe in personalized policies to create affordable, reliable protection plans. Work with an agent to create a policy that fits your vehicle and driving habits. We consider all relevant factors, such as the cost of your vehicle and whether you frequently leave the country, to create a policy that fits your needs.

Drivers of vehicles with significant aftermarket upgrades need to adjust their policy to cover the additional cost of their vehicle. Aftermarket kits include suspension systems, speaker systems and interior trim packages.

If you have towing and repair costs covered on your vehicle by another organization, we can reduce your insurance coverage in these areas to save you money. All of these fine-tuned details ensure you have the maximum protection at an affordable rate.