Insure your car Peace of mind in priceless!
The purchase or rental of a vehicle requires thought. Will it be used for daily trips, to go away on holiday, to drive the kids to their various activities, to go to work in heavy traffic? All of these? Whatever the vehicle chosen, you now have to insure it. Some then go in search of a premium that respects their budget, others prefer the best coverage there is. In either case, everyone first seeks to avoid unpleasant surprises in the event of as incident. OVC Insurance offers you peace of mind thanks to its expertise and will guide you towards the ideal solution that meets all of your needs.
Chapter A Third party liability
In Quebec, every vehicle owner is legally required to take out third party liability insurance. It protects you in Canada as well as in the United States against material or bodily injury that you could inadvertently cause to a third party. If you are traveling to the United States, this protection is all the more important, given the high exchange rate and more frequent and costly lawsuits in that country. OVC Insurance recommends a third party liability limit of at least two million dollars in such cases. In addition, if there is a lawsuit, your insurer will pay the legal fees incurred as a result.
Chapter B Damages to the vehicle
Insurance against damage to your vehicle includes four types of coverages (see below) from which to choose depending on your needs. Each coverage is usually accompanied by a deductible that is payable by the insured in the event of a claim. In the absence of such protection and if you are held liable for an accident, repairs to your vehicle will not be covered. It is also important to know that lessors and creditors generally require this protection for any vehicle leased or purchased with financing.
It is an expression in Quebec which refers to a coverage including both chapter A and chapter B.
The driving record, the claims file (FCSA), vehicle group, age, the insurance experience and the territory of use.
No. Your insurance policy covers you almost everywhere in Canada and the United States (excluding Hawaii for example).
No. The deductible is generally withdrawn in a no fault collision.
It is an expression in Quebec which refers to chapter A (third party liability only).
Type of Coverage
All risks
This most comprehensive warranty covers almost all damage to the insured vehicle, as well as its equipment and accessories.
Warranty against accidents without collision or remittance
This warranty protects the insured vehicle against fire, theft, vandalism, glass breakage and collision with an animal.
Collision or remittance
This warranty covers damage to the insured vehicle and its equipment and accessories, but only if such damage occurs as a result of a collision or rollover for which you are responsible. In the event of a collision for which you are not responsible, you will be immediately covered.
Warranty against specified risks
This guarantee, more restrictive than the previous ones, covers the insured vehicle only for certain risks, such as fire and theft.
Complement of Coverages
The following riders are frequently added to basic coverages. Our team can advise you so that you get the ideal protection for your situation!
RIDER 43 A-E: REPLACEMENT VALUE
In the event of total loss or complete theft of the insured vehicle, if you decide to replace your vehicle, your insurer will replace it with a similar new model of equivalent value. If the vehicle can be repaired, the damaged parts will then be replaced by the manufacturer's original parts. In the absence of such a rider, insurers normally require remanufactured parts as soon as the vehicle reaches 40,000 kilometers or when it is more than two years old. Finally, be aware that if you choose such a protection, you must obtain it within three months of purchasing the vehicle. It is then renewable for up to five years after this purchase (maximum duration of 5 years).
RIDER 34: BODILY INJURY
This rider provides compensation which is in addition to that offered by the Société de l'assurance automobile du Québec for accidents causing serious physical injury.
RIDER 20A: TRAVEL COSTS OR VEHICLE RENTAL
Add this rider to your insurance policy to cover, for a determined period, travel expenses by public transport or taxi or those incurred for the rental of a courtesy vehicle while yours is being repaired or being replaced due to a claim covered by the insurer.
RIDER27: DAMAGE TO THIRD PARTY VEHICLES
This protection, which usually replaces the insurance offered by the car leaser, will be useful almost everywhere in Canada and the United States (excluding, for example, Hawaii). The rider covers any damage you may cause to a leased or borrowed passenger vehicle that you drive, whether for travel or as part of your daily commute.