It’s illegal to drive without specific insurance coverage in Ontario. You’re required by law to have the following coverage:
Direct Compensation – Property Damage (DCPD): This coverage allows you to claim for damage to your vehicle and its contents caused by someone else. DCPD means that, if you’re not at fault in a collision with another vehicle, your own insurer will pay for damage to your vehicle and its contents.
Uninsured Automobile: This coverage protects you if you’re injured or killed by an uninsured motorist or hit-and-run driver and you were not at fault. It also covers damage to your automobile caused by an identified uninsured motorist.
Liability – Bodily Injury: This coverage protects you if someone else’s property is damaged or someone is killed or injured at your fault. It will pay for legitimate claims against you up to the limit of your coverage and will pay for the costs of settling the claims.
Accident Benefits: This coverage provides benefits if you’re injured or killed in an automobile collision anywhere in Canada and the United States regardless of who caused the collision. These benefits may include the following:
– Income replacement.
– Payments to non-earners who cannot carry on a normal life.
– Care expenses to persons who can no longer be the primary caregiver.
– Medical expenses.
– Rehabilitation expenses.
– Attendant care expenses.
– Funeral expenses.
– Payments to survivors of a person who is killed.