Car Insurance for G2 Drivers

Accident benefits provide no-fault coverage that may help cover medical expenses, rehabilitation costs and attendant care if you, your passengers or a pedestrian are injured in a collision, regardless of who is at fault; additional optional accident benefits such as lost wages, caregiver support and funeral expenses may also be available if selected, subject to your policy terms and limits.

Uninsured automobile coverage helps protect policyholders from out-of-pocket expenses when their vehicle is damaged by an at-fault uninsured driver. Coverage also extends to hit-and-run incidents, where the other motorist remains unidentified.

Collision coverage can help cover the cost of repairs or the replacement of your vehicle if you get into an at-fault accident with another driver, a stationary object or roll your vehicle over. Should a collision occur, you will typically be responsible for paying your deductible.

Comprehensive coverage helps pay for repairs and replacements should damage occur to your vehicle as a result of a non-collision event, such as theft, vandalism, fire, severe weather conditions and wildlife encounters. Although auto theft in Ontario declined by 34% in 2025, the risk isn’t eliminated. Similarly, the prevalence of severe weather events like heavy snowfall and high winds also exposes your vehicle to risk on and off the road, which is why many G2 drivers opt for comprehensive.

Direct compensation - property damage (DCPD) ensures policyholders don’t have to pay out of pocket for vehicle repairs or replacements if they are hit by an at-fault driver. Rather than navigating the claims process with the at-fault driver’s insurance company, DCPD allows you to claim your losses directly with your own insurer, which can simplify the claims process.

As of January 1, 2024, Ontario drivers can choose to opt out of DCPD.

If you ever get into an accident and your car needs repairs, loss of use coverage may help cover alternative transportation costs. While your car is in the shop, this coverage helps pay for other ways to get around—whether that’s hopping on public transit, using ride share apps or renting a vehicle, so you can still get to your seminar at Ontario Tech University or your part-time job near Yonge-Dundas Square.

Roadside assistance comes in handy if you drive frequently or travel long distances. Should your vehicle experience an unexpected breakdown, roadside assistance may help cover services such as towing, fuel delivery, battery boosts, tire changes and vehicle lockout assistance.

All perils is a flexible endorsement that includes both collision and comprehensive coverage. With all perils, you’ll be protected from an extensive variety of risks, excluding those specifically stated in your policy. While this endorsement may result in higher rates, you’ll have fewer coverage gaps overall when compared to specified perils policies.

Specified perils provide fewer safeguards to policyholders and only cover hazards specifically stated in your automobile insurance policy. These policies typically have cheaper premiums, making them a good option for young drivers who rarely drive or who own older vehicles.

If you’re buying a new car, adding a waiver of depreciation endorsement to your policy is worth considering. This endorsement may allow you to be reimbursed for the value of a new vehicle without factoring in depreciation if it’s stolen or declared a total loss after an accident. That means you’ll be reimbursed for the cost of a brand-new vehicle—not just what it’s worth after wear and tear.

One final type of optional car insurance coverage popular among G2 drivers in Ontario is accident forgiveness. Accident forgiveness is additional coverage that can be added to your car insurance policy as an endorsement to protect your driving record and to help prevent your insurance premium from increasing if you have an at-fault accident claim. Note: coverage varies by province.