Thursday, May 13, 2021

What you need to know about third-party liability insurance in Canada

Here's a look at third-party liability insurance in Canada and your options—plus, what happens after an accident that causes property damage, injury or death.

Third-party liability insurance is mandatory coverage for all drivers in Canada. It offers protection for drivers if they’re at fault in an accident and the other party is hurt or even killed. This is mandated at a provincial level, and all provinces require a minimum of $200,000 in third-party insurance coverage, except for Quebec, where the minimum is $50,000. Many Canadians set their policy default between $1 million and $5 million.

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Winston Sih
Winston is currently a freelance technology and travel broadcast journalist, consultant, and is the creator and founder of Master Travellr—Canada’s destination for travel news, guides, and budget recommendations.

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