Your Quebec Insurance Questions Answered!
Frequently Asked Insurance Questions
How much will I pay for car insurance in Quebec?
The cost of your automobile insurance is calculated using a variety of factors such as your age, model of your car, your driving record, and where you live. Whether or not you drive your automobile to work also plays a factor when calculating your premium.
How can I reduce my car insurance premium?
First of all, safety first! If you have a good driving record that is not marred by accidents and tickets, you will have a lower premium. You can also ask your broker which make and model of car would be less expensive to insure!
Not many people think to go to their broker for such things but the team at Assurances Simon wants to be there with you throughout the whole purchasing process. Another way to lower your premium is by creating a policy with a higher deductible.
What is a deductible?
A deductible is the amount of money that you will pay when you make a claim. The higher your deductible, that is the more you pay yourself in the event of an accident, the lower your premium will be.
If you are having trouble deciding which type of policy you prefer, be it higher deductible/lower premium or lower deductible/higher premium, the team at Assurances Simon is here to help you!
What types of coverage can I receive with my car insurance?
There are many different products covered in car insurance which is why we recommend that you call your insurance broker so they can custom-tailor a plan for you.
Examples of available coverages are Collision Coverage and Comprehensive Coverage. As indicated by its name, Collision Coverage pays for any repairs your vehicle needs in the event of a covered loss. Comprehensive Coverage pays for any damage that is not caused by a collision.
Living in Quebec, you know how treacherous our winters can be. If your car is ever damaged in a storm, comprehensive coverage will pay for any covered cost
My car is in the repair shop after an accident! How can I get around?
Our Rental Reimbursement product will help you limit any inconveniences caused by not having your car.
What happens if my home burns down and my car is in the garage? Is my vehicle covered under my home insurance or car insurance?
Although your car was technically in your house, its loss would not be covered by your homeowners insurance. Its loss would be covered under your car insurance if you have a form of comprehensive physical damage coverage.
What is the difference between condo insurance and home insurance
It’s simple, homeowners insurance will cover the external structure of the building as well as the interior contents. When you buy a condo, you’re buying a unit in the building. More often than not, external damage is covered by the condo association’s insurance.
Do I need insurance for my home-based business?
If you’re running a 1-2 person operation out of a home, you’ll most likely need additional property and liability insurance than what is normally covered in a typical homeowners policy.