Problème d'assurance | Lussier Dale Parizeau

Why Get Insured?

Under the Automobile Insurance Act, the owner of a motor vehicle on Quebec roads must hold a liability insurance contract of at least $50,000.

In the case of off-road vehicles (including ATVs and snowmobiles), a minimum insurance of $500,000 is required.

Driving without insurance is therefore illegal.

According to the Highway Safety Code, when driving a vehicle, you must have proof of insurance, your driver’s licence and your registration certificate on hand, otherwise you may be fined.

Furthermore, if you are involved in a traffic accident and are responsible for more than $500 in property damage to another party and are not covered by insurance, you may suffer these consequences:

  • Reimbursement of property damage to others
  • Suspension of your driver’s licence
  • Suspension of your right to drive and operate any motor vehicle in your name

This suspension will be repealed only when you have reimbursed the amount due and provided proof of Liability Insurance under the Act.

 

Why get a Home Insurance?

Whether you own or rent, you are not legally required to have a Home Insurance.

 
 

However, in addition to protecting your home and belongings in the event of a loss, Home Insurance provides Civil Liability coverage. This coverage protects you if you are held liable for unintentional damage to others.

 

For example, if you are held responsible for damage to a neighbouring building, your insurer would compensate your neighbour. However, if you are not insured, you would have to reimburse the full amount of the claim.