Do you buy individual liability motor insurance?
do you just buy the auto insurance that only covers for liability?
this is for ontario, canada
it is advisable? for a motor worth 10k?
Answers:
Can you afford to replace the vehicle if you are at fault in a collision or hit by an uninsured driver and enjoy only liability coverage? If not, then sign up for full coverage.
Liability is all that the state/province requires you to transport, but if the car is financed, you'll need to get the physical damage coverage, too. If you don't, the lender will add its own coverage (very expensive, and covers solely their balance of the loan), and add the cost to your loan.
Whether it's worth it otherwise depends on the age and condition of the vehicle, because any damage will be depreciated in the adjustment; we can't resolve that for you.
mister esc, For car insurance the fastest method to get a free quote is do a motor policy comparison. Be sure to choose the same coverage amounts, you can get an hastily quote to compare against others. Use the same zipcode, car clear and model, mileage and driving history to make sure you get an apples to apples comparison. To bring fast auto quotes, go to http://www.simpleautoquotes.com/Auto-Insurance.html and you can compare adjectives the major auto insurance companies.
For a saloon worth 10k, I'll get full coverage.
If you can afford to get the coup¨¦ fixed if it's wrecked, it's up to you.
Related Questions:
this is for ontario, canada
it is advisable? for a motor worth 10k?
Answers:
Can you afford to replace the vehicle if you are at fault in a collision or hit by an uninsured driver and enjoy only liability coverage? If not, then sign up for full coverage.
Liability is all that the state/province requires you to transport, but if the car is financed, you'll need to get the physical damage coverage, too. If you don't, the lender will add its own coverage (very expensive, and covers solely their balance of the loan), and add the cost to your loan.
Whether it's worth it otherwise depends on the age and condition of the vehicle, because any damage will be depreciated in the adjustment; we can't resolve that for you.
mister esc, For car insurance the fastest method to get a free quote is do a motor policy comparison. Be sure to choose the same coverage amounts, you can get an hastily quote to compare against others. Use the same zipcode, car clear and model, mileage and driving history to make sure you get an apples to apples comparison. To bring fast auto quotes, go to http://www.simpleautoquotes.com/Auto-Insurance.html and you can compare adjectives the major auto insurance companies.
For a saloon worth 10k, I'll get full coverage.
If you can afford to get the coup¨¦ fixed if it's wrecked, it's up to you.
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