Cheapest Uninsured Car Insurance Quotes in Canada

What is uninsured automobile insurance?

Even though all drivers in Canada need to be insured to operate a car, there will be times you may be in an accident with someone who does not have any insurance. This type of insurance, which is the same as uninsured motorist coverage, covers you if you are in an accident with a driver who is uninsured, or they commit a hit-and-run.

How’s uninsured automobile insurance different than collision coverage?

The main difference between uninsured automobile coverage and collision coverage is that the former applies only in an uninsured driver was at fault, while the latter applies to more situations and can be used to repair or replace a vehicle after any accident, regardless of who is at fault.

How much uninsured automobile insurance coverage do I need?

Most policies have limits. For example, in Ontario, the minimum limit for uninsured automobile insurance is $200,000. If this is not enough for your situation, you can increase limits by using the Family Protection Endorsement, where you can get additional protection up to $2 million. But check your individual policy to ensure you are getting the coverage you need.

What will happen when I file claims on uninsured automobile insurance?

Essentially, since the other driver has no insurance or benefits, your benefits will be paid by your insurance company directly to you. According to the Financial Regulatory Authority of Ontario, if any other vehicle in the accident was uninsured, you can make a claim under the mandatory Uninsured Motorist Coverage of your policy. Coverage is up to $25,000, less the first $300. You must be able to identify the owner or driver of the other vehicle to qualify. If it is a hit and run, and you can’t identify the driver, for example, you might be covered but will depend on your policy. If the driver who causes damage to your vehicle cannot be identified, your claim will be paid under your collision insurance. Your insurance provider will likely make you to pay the deductible.

This also allows your own auto insurer to “step into the shoes” of the at-fault driver. You would then sue the at-fault driver and your own auto insurer. If an unidentified driver hits you and causes damage, there is no way to reach out to them. Therefore, you can make claims against your own provider, or sue them, if need be, to get compensation for medical bills, loss of income etc. But don’t expect your provider to hand over the money too easily. Your car insurance company will fight your claim just like any other claim. However, at least with your coverage you’ll have some recourse to recover money for your car accident claim – even in a situation where the driver cannot be identified.

Also, your auto policy has an endorsement or rider option, called the OPCF-44 endorsement, also known as the Family Protection Endorsement. As mentioned earlier, the minimum limit for uninsured automobile insurance is $200,000. If this is not enough for your situation, you can increase limits by using the Family Protection Endorsement, where you can get additional protection up to $2 million. Essentially, your insurance provider will make up the difference between the liability coverage an under or uninsured driver may have and the full extent of the damages or medical treatment you need up to your $2 million limit.