Statutory accident benefits coverage pays for medical, rehabilitation, and attendant care needed as a result of a serious car accident. In Ontario, the statutory accident benefits available to us changed on June 1, 2016, in order to help lower our auto insurance premiums.
Learn more about all mandatory and optional auto insurance coverage options in Ontario.
The changes made to our statutory accident benefits still provide a significant amount of coverage while giving us options for higher amounts of coverage if desired. If you have renewed your auto policy before June 1, 2016, the coverage remains unchanged until your next policy comes into effect. If you are renewing now or soon, be aware of the two main areas where changes were made:
Again, we all hope we are never involved in such a serious accident but they do happen, and you may prefer to protect yourself and your loved ones with higher limits of coverage. The following options are available:
The cost of these options can be surprisingly low, so it is worth asking for quotes if interested. In addition, there are more optional coverage enhancements available for other types of accident benefits that did not change.
Give our insurance experts a call to determine what amount of coverage is best for you and your family. For free advice and no-obligation quotes, contact Mitchell and Whale Insurance Brokers at 1-800- 731-2228 or email us at email@example.com. We’d be happy to help you any type of insurance.
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