Many Ontario drivers have additional third party insurance coverage. This is a wise move since the provincial requirement is only for $200,000. Settlements from serious accidents often exceed this amount. Any amount in excess of insurance coverage remains the responsibility of the driver. To guard against serious financial strain, it’s common to add liability coverage to $500,000 and beyond.
Like in the rest of the province of Ontario, the minimum amount of third-party liability coverage required by law in Toronto is $200,000. It is often recommended that this number be significantly higher in order to properly help cover your family — especially in a dense urban centre like Toronto, which is surrounded by 400 series highways — traffic accidents are more common than rural areas.
Would you like to see your good driving rewarded? You can earn up to 25%* off your insurance when you enroll in our en-route Auto Program. It's very simple: we send you a free wireless device† that is easily installed in your vehicle. Once in place, it will track your driving, and you will be rewarded for travelling less, avoiding late-night journeys and braking/accelerating safely. The program is free and cannot result in premium increases because we only use the data to determine your discount. Sign up now for an immediate 5% discount on your insurance!

Ajusto is underwritten by The Personal, which refers to The Personal Insurance Company. ® Ajusto is a registered trademark of Desjardins General Insurance Inc., used with permission by The Personal Insurance Company. The discount does not apply to certain endorsements and additional coverages. Please note that the discount will automatically be applied to the premium at renewal.  Ajusto is only available in Ontario and Quebec. 

You might think that car insurance quotes for the same driver/car would be similar across all providers, but every auto insurance company has its own costs to cover, based on data about all of their existing users/claims. In fact, an insurance rate calculation has many subtle complexities to it and multiple factors contribute to the final rate you receive. Based on the information you provide for your driving profile a car insurance company will categorize your risk potential and calculate a personalized rate. Unfortunately, some factors are out of your control, but there are still a few that you are 100% in the driver’s seat for, so being in the know could save you money on your auto insurance policy. Here are seven factors that auto insurance companies will consider before offering you a personalized car insurance rate.

Insurance is funny, in a weird sort of way, because rates can vary wildly between insurance companies. Also, premiums often change so the insurance provider who offered you the best rate two years ago, or even last year, may not be the insurer who offers you the best car insurance rate today. That’s why it’s so important to shop around, because the quote you get from one company can be significantly higher (or lower) than the quote you get from another.

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