Car Insurance Kawartha Lakes, Ontario

Residents of Kawartha Lakes should be relieved to learn that their auto insurance premiums are much more affordable when compared to the rest of the province. This is good because every driver in Kawartha Lakes (as well as the rest of Ontario) must have valid car insurance. Thus, obtaining high-quality auto insurance requires having a thorough understanding of how it works. Plus, your auto insurance also needs to be affordable and dependable!

Make sure to research and compare the various Kawartha Lakes auto insurance providers and their policy options carefully in order to select the policy that is best for you. Since each of them will offer different terms, conditions, and policy rates, you should talk about your needs and wants with several Kawartha Lakes car insurance companies before deciding on which insurance company you want to go with.

Frequently Asked Questions About Kawartha Lakes Car Insurance

How does car insurance work in Kawartha Lakes?

For all vehicles registered in Ontario, auto insurance is mandatory. Private insurance companies offer car insurance, and you can get in touch with them directly or go through a brokerage like Insurance Hero.

Basic auto insurance, high-risk auto insurance, commercial auto insurance, ride-sharing insurance, collector & classic car insurance, young driver insurance, and usage-based insurance are all car insurance options to think about.

To add more protection and raise your limits, you can also add endorsements and other options in addition to the minimum provincial car insurance requirements.

Furthermore, you have deductible options. Lower premiums are associated with higher deductibles, but you pay a greater out-of-pocket expense for any insurance claims.

How much is insurance typically on a vehicle per month in Kawartha Lakes?

The amount of coverage you have, your age, gender, level of driving ability, driving history, deductible, whether or not you use winter tires, and even marital status are all factors that insurance companies in Windsor consider when calculating your car insurance rates. As such, everybody’s auto insurance premiums are different because of the many variables that influence the pricing.

With that in mind, the annual cost of auto insurance in Kawartha Lakes is around $1,350, or around $113 a month. When compared to the provincial average of $1,635 for vehicle insurance premiums in Ontario, car insurance in Kawartha Lakes is on the lower end. 

What are the 3 types of car insurance in Kawartha Lakes?

The following types of insurance must be carried by every driver in Kawartha Lakes in accordance with the law:

Third-Party Liability Coverage

Your auto insurance’s third-party liability coverage will protect you if an individual is injured, killed, or has their property damaged. Depending on the scope of your coverage, it will pay settlement costs and claims stemming from any lawsuits against you.

Accident Benefits Coverage

This part of your car insurance coverage pays you benefits if you are injured, regardless of who caused the collision. These include income replacement assistance, additional medical care, rehabilitation, and more. 

Uninsured Automobile Coverage

This section will protect you and your loved ones in the event that you are injured or killed by an uninsured or hit-and-run driver. It also covers damages to your car sustained by an uninsured motorist.

Additionally, Kawartha Lakes has a no-fault insurance program in effect. Drivers must use their own insurance company regardless of who caused the collision if they have no-fault insurance. This is known as direct compensation – property damage (DC – PD) coverage.

Can you drive someone else’s car in Kawartha Lakes?

Yes, you can drive someone else’s vehicle, even if you don’t have car insurance, as long as you have a valid driver’s license. If you get into an accident while driving without a license, insurance may deny your claim even if the owner gave you permission to drive.