If you are a resident of Ontario, Canada, you are most likely familiar with the necessity of car insurance. Having car insurance is mandatory in Ontario. Aside from this, there are multiple reasons why you should purchase a car insurance policy.
Owning a car in Ontario exposes the owner to multiple financial risks. However, when you have car insurance, the chances of falling into financial issues are reduced. The insurance policy can cover any damage to your vehicle if you are liable to pay repair bills or medical expenses.
Thus, choosing the right car insurance company is vital. So today, we will be discussing the top car insurance providers of Scarborough, Ontario. You can also contact Surex to get the best quotes for cheap car insurance Scarborough Ontario has to offer.
Table of Contents
Benefits of having car insurance in Scarborough Ontario
Here are the major benefits of having car insurance.
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Personal accident cover
A major advantage of having car insurance is that you will be receiving personal accidents cover. It offers protection against total disability and death due to an accident.
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Damage to an insured vehicle
You are protected if your vehicle is damaged due to vandalism, fire theft or self-ignition. You will also receive coverage for any damage during transit by air, road-rail or inland waterway.
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Third-party liability
If you happen to get involved in an accident or collision that leads to damage or loss of property to a third party, it is covered under car insurance.
Cost-efficient car insurance companies in Scarborough, Ontario
1.Surex
Surex Auto Insurance is one of Ontario’s best car insurance brokerages and provides hassle-free ways for residents to buy car insurance. They offer various online insurance options for Canadians and act as a third-party between customers and various providers.
Here is the list of insurance plans that Surex can help you find:
- Car insurance
- Home insurance
- RV insurance
- Motorcycle insurance
- Condo insurance
- Tenant insurance
- Boat insurance
- Travel insurance
While purchasing the insurance online, you will be assisted by an auto Insurance assistant who will act as a point of contact. This assistant will help you get the top 10 quotes from Surex Partners and help you compare them.
2.Aviva Canada
Aviva Canada is a reputable insurance provider in Ontario and is a subsidiary of UK-based car insurance provider Aviva Plc. This insurance company offers various types of policies for its drivers. Whether you search for basic or extensive car insurance coverage, the company has you covered.
Aviva Canada not only offers insurance policies for cars they also provide a wide array of insurance coverages like
- RV
- Boat
- motorcycle
- home
- Business
Aviva Canada has partnered with Lyft Canada and offers ride-sharing insurance for its drivers and passengers.
3.Wawanesa Insurance
Wawanesa Insurance is one of the oldest car insurance companies in Canada and has been providing car insurance policies in Ontario since 1930. With over 100 years of experience in this field, it is considered among the best Ontario car insurance providers.
Wawanesa Insurance offers various types of coverages, including third-party liability insurance, optional car insurance coverage, comprehensive car insurance and mandatory coverages for the car drivers in Ontario.
Just like the other companies also offers various types of insurance in Ontario:
- Farm
- commercial
- snowmobile
- ATV
- Condo
- motorcycle
4.Belairdirect
Belairdirect is the best choice for Uber drivers. They have also received five stars for their financial strength and 4.2 stars for their prices, discounts, customer service and optional coverage.
The best car insurance policy offered by Belairdirect includes liability coverage for bodily injury and property damage and insured motorist coverage, direct compensation or property damage and accidental benefits. The optional coverage provided by the company also includes accident forgiveness, road assistance, collision insurance coverage and comprehensive insurance coverage.
Different types of insurance offered by Belairdirect are:
- Boat
- Home
- Condo
- Motorcycle
5.Economical insurance
Not everyone in Ontario has a spotless driving record. Accidents and mistakes can happen at the time. So it can be challenging for high-risk drivers to find cost-effective car insurance coverage, especially if they have received several traffic tickets and have been in several accidents.
Thus, if you have a less than perfect driving record, you can get an insurance policy from Economical Insurance. They have been providing special risk coverage since 1968 and are an ideal choice for high-risk drivers.
Economical insurance will also help you financially protect these types of vehicles:
- SUVs
- pickup truck
- motorcycle
- motorhome
- Snowmobiles
6.Geico
The coverage rate offered by Geico is one of the lowest on this list. Complete vehicle coverage can be pretty expensive as it includes insurance coverage for your vehicle, collision insurance, and comprehensive insurance. So, if you are driving an older vehicle with a lower value, it is advised that you partner with Geico and buy a cheap car insurance Scarborough.
On the other hand, if you own an expensive vehicle like a luxury car, you must purchase the full coverage insurance offered by the company.
Types of vehicles protected by Geico:
- Snow Mobile
- RV
- SUVs
How to get the most cost-effective insurance in Scarborough
Here is how you can get cheap car insurance in Scarborough Ontario.
- Firstly you need to research and find which insurance company offers the cheapest car insurance that is best suited for your vehicle.
- Some car insurance companies also offer loyalty discounts for their customers who remain active with them for years.
- If you have multiple insurance policies like home and auto insurance from the same provider, you might get a discount on the monthly premium.
- If you own more than one car, you can also put all of them in one policy and save on premiums.
- Paying insurance premiums annually will save you some money
- If you are considered a safe driver, you can also get a discount
- You can save about 5% on your insurance premiums if you add winter tires (also known as snow tires) to your vehicle.
Endnote
These six car insurance providers offer cheap car insurance Scarborough Ontario, along with significant discounts (if you have good driving habits).
You can contact these companies, get insurance quotes, and compare which best suits your requirements. You can also contact insurance brokers who can help you compare different car insurance quotations.
