Car Insurance Timmins

If you, your passengers or pedestrians are injured in a collision, accident benefits will cover eligible medical expenses, rehabilitation costs, lost wages and caregiver expenses, regardless of who is at fault for the accident.

Uninsured motorist coverage helps protect you and your vehicle if you get into an accident with an at-fault driver who is uninsured or underinsured, so you’re less likely to be left paying high out-of-pocket costs. Coverage also extends to hit-and-run accidents if you are hit by an unidentified driver.

Collision coverage will cover the cost of vehicle repairs/replacements if you are at fault for an accident that damages your vehicle, whether it is with another driver, a stationary object or if you roll your vehicle over. For example, if you’re driving down MacLean Drive and slide into one of the lamp posts on your way home from work, collision car insurance will compensate you for your damages. The only costs you’ll be responsible for are your deductible.

Comprehensive coverage kicks in when your vehicle is damaged as a result of a non-collision event, such as theft, vandalism, fire, falling or flying objects, severe weather conditions or wildlife encounters. There are approximately 12,000 wildlife collisions in Ontario each year, resulting in around 400 injuries to motorists and their passengers. Because Timmins is relatively rural, wildlife encounters are more frequent, especially during dusk and dawn, making comprehensive insurance a valuable addition for most drivers.

Direct compensation - property damage (DCPD) was once mandatory coverage for drivers in Ontario, but as of January 1, 2024, drivers may choose to opt out. If you keep DCPD on your policy and you are hit by an at-fault driver who damages your vehicle, this coverage allows you to claim damages with your insurer.

Loss of use car insurance comes in handy if you rely on your vehicle every day. Should your car require repairs following a collision, loss of use insurance provides you with a rental vehicle or compensation for public transit or other ride-share options until you’re able to get your car back.

Roadside assistance will cover the cost of towing, fuel top-ups, tire changes, battery boosts and lock services, ensuring you’re never left stranded with no help on the way.

All perils combines collision and comprehensive coverage. While it does come with a higher premium, you’ll be extensively covered against potential perils, except those specifically outlined in your policy documents, making it a good option for those with newer or luxury vehicles.

Specified perils coverage is the opposite of all perils. It offers basic coverage for only the hazards listed in your plan, but it does come with a lower premium, which is a great option for those looking to save money on their insurance costs.

Waiver of depreciation will compensate you for the full value of your new car if it is stolen or written off in a covered accident, without considering depreciation. For example, if you bought a new car last year for $36,000 and it’s totalled months later, your insurance company will give you the full $36,000, not its depreciated value, which may be closer to $29,000.

One final type of optional car insurance coverage popular among Timmins drivers 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 help prevent your insurance premium from increasing if you have an at-fault accident claim. Note: coverage varies by province.