Canada Vehicle Insurance Policy - All The Facts
The technicalities of vehicle insurance in Canada are very complicated. Therefore it is advisable that you study the fine print on your vehicle insurance policy documents upfront so that you are aware of your rights should you be involved in a vehicle accident. The individual merits of every individual accident and or policy determine the availability of benefits which specific member is entitled to.
Certain Canadian provincial governments have allowed injured policy holders to be compensated for any financial losses caused by a vehicle accident, whether or not the insured motorist or the other party caused the accident. The Insurance Act governs no-fault benefits and accident benefits which are offered by most vehicle insurers in Canada.
Medical expenses, housekeeping, rehabilitation and other expenses are available through most vehicle insurance companies in Canada through third party claims.
Insurance companies are obliged to inform policyholders about their rights as policyholders to optional added benefits which they are entitled to as part of their current vehicle insurance policies.
An Application for Accident Benefits must be completed and submitted it to the vehicle insurance policy provider as soon after an accident as possible and medical evidence is required to prove the extent of injuries sustained in order to claim accident benefits.
Injured motorists in Canada may sue for loss of earnings and other expenses incurred resulting from a motor vehicle accident. Under Canada's Insurance Act, injured motorists are entitled to 80 percent of the net income after-tax lost up to the date of the trial, and 100 percent of lost gross future income after the trial. However, should the injured individual be able to return to their place of work, post-accident earnings will be deducted from their loss of income claim.
The Canadian Family Law Act states that both spouses as well as close family members of an injured motorist may be entitled to sue 'in tort' for losses which were incurred as the result of a vehicle accident. These losses pertain to emotional and physical support which the injured spouse or family member is now no longer able to provide as a result of the accident and include care and guidance.
Members with third party auto insurance policies are covered if the accident was caused by an unidentified, under-insured, uninsured driver.
Many motorists injured in accidents don't realize that they are entitled to sue in tort, therefore it is suggested that they see a legal advisor at their earliest convenience to be able to make an informed decision regarding their legal rights. This should be done timorously in order to avoid deadlines and notice periods being missed Many reputable attorneys will offer this consultation to motorists at no charge.
Vehicle insurance policies differ from each Canadian province to another. Certain policies are in some provinces; however they may not be in another province.
Quebec for instance, has a Provincial Fund providing payment for medical care as well as fixed amount payments instead of allowing Personal Injury Claims for Loss of earnings claims and claims for pain and suffering.
Other types of vehicle insurance policies that Canadians can opt for include collision coverage and third party vehicle insurance policies.
To ensure that you get paid for your claim, remember to report the accident straight away to your vehicle insurance company. Additionally, report the accident as soon as you can to the local police department. Finally, file your claim against your vehicle insurance within 90 days of the date on which the accident took place. - 21392
Certain Canadian provincial governments have allowed injured policy holders to be compensated for any financial losses caused by a vehicle accident, whether or not the insured motorist or the other party caused the accident. The Insurance Act governs no-fault benefits and accident benefits which are offered by most vehicle insurers in Canada.
Medical expenses, housekeeping, rehabilitation and other expenses are available through most vehicle insurance companies in Canada through third party claims.
Insurance companies are obliged to inform policyholders about their rights as policyholders to optional added benefits which they are entitled to as part of their current vehicle insurance policies.
An Application for Accident Benefits must be completed and submitted it to the vehicle insurance policy provider as soon after an accident as possible and medical evidence is required to prove the extent of injuries sustained in order to claim accident benefits.
Injured motorists in Canada may sue for loss of earnings and other expenses incurred resulting from a motor vehicle accident. Under Canada's Insurance Act, injured motorists are entitled to 80 percent of the net income after-tax lost up to the date of the trial, and 100 percent of lost gross future income after the trial. However, should the injured individual be able to return to their place of work, post-accident earnings will be deducted from their loss of income claim.
The Canadian Family Law Act states that both spouses as well as close family members of an injured motorist may be entitled to sue 'in tort' for losses which were incurred as the result of a vehicle accident. These losses pertain to emotional and physical support which the injured spouse or family member is now no longer able to provide as a result of the accident and include care and guidance.
Members with third party auto insurance policies are covered if the accident was caused by an unidentified, under-insured, uninsured driver.
Many motorists injured in accidents don't realize that they are entitled to sue in tort, therefore it is suggested that they see a legal advisor at their earliest convenience to be able to make an informed decision regarding their legal rights. This should be done timorously in order to avoid deadlines and notice periods being missed Many reputable attorneys will offer this consultation to motorists at no charge.
Vehicle insurance policies differ from each Canadian province to another. Certain policies are in some provinces; however they may not be in another province.
Quebec for instance, has a Provincial Fund providing payment for medical care as well as fixed amount payments instead of allowing Personal Injury Claims for Loss of earnings claims and claims for pain and suffering.
Other types of vehicle insurance policies that Canadians can opt for include collision coverage and third party vehicle insurance policies.
To ensure that you get paid for your claim, remember to report the accident straight away to your vehicle insurance company. Additionally, report the accident as soon as you can to the local police department. Finally, file your claim against your vehicle insurance within 90 days of the date on which the accident took place. - 21392
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All drivers should protect themselves with the best car insurance policy. By entrusting in a reliable auto insurance dealership, you are guaranteed efficient roadside assistance during times of crisis.
posted by X - Men @ 5:45 AM
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