Car Insurance

Car insurance is a contract between you and an insurance company that protects you financially in the event of an accident or other damage to your vehicle.

Car insurance is mandatory in Canada. It covers costs associated with property damage, bodily injury, and liability.

The cost of car insurance can vary depending on your driving record, the type of vehicle you drive, and the level of coverage you choose.

• Related Terms: Auto Insurance, Liability Insurance, Collision Insurance, Comprehensive Insurance