Saturday, July 28, 2012

Buying auto insurance

Who is insured?

  In Quebec, everyone who owns a vehicle is required to purchase
auto insurance. Here are some things to consider.

  Auto insurance covers the vehicle and the drivers.
Generally, the main user of the vehicle is called the
principal driver and the other users are called
occasional drivers. When setting the premium,
the insurer factors in the claims experience of the
principal driver and that of the occasional drivers.
Does your son drive your car? You need to tell your
insurer to avoid any complications should there
be a claim.

Who can sell you insurance?

Insurance brokers: brokers offer the products
of insurance companies with which they
have agreements.
Insurance agents: agents work for a specific
insurance company.
Before you decide to do business with either a broker
or an agent, check out prices, the products being
proposed and the quality of the service.
Buying auto
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