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Canadians will your car insurance protect you in the us?
Will your car insurance protect you in the US? Call your auto insurance provider earlier driving across the border
(NC)-A recent RBC Insurance/Ipsos Reid study showed that only 38 per cent of Canadians checked the impact of their insurance coverage with their auto insurance provider when they travelled and drove to the U.S.
According to Statistics Canada, Canadians took 1.1 1000000 overnight car trips to the U.S. In Nov 2007, the highest in over 15 years.
But cross border shoppers and those on household vacations may not be aware of the serious financial risks in drive to the U.S. Without adequate auto insurance.
If you have a car accident in the U.S. In which you're at fault and injure several people, your liability insurance insurance coverage could be used up rapidly, even if you had $1 1000000 in insurance coverage.
Liability insurance covers you when you are liable for causation personal hurt or place damage and a claim is raised against you.
In many U.S. Legal power, the ability to sue is not restricted to serious injuries and liability settlements can be highly high.
awarding made to car victims are not limited by the level of liability coverage of the individual at fault. Once the harm reach the insurable limit, an at-fault driver would be responsible for the amount of the award that is in surplus of the limit.
Most people have a $1 1000000 liability limit, but the price of increasing your liability coverage is less than you might think. Increasing it to $2 1000000 may only cost a fraction of your electric current insurance insurance premium.
Talk to your insurance company earlier crossing the border, even for a day of shopping, to make sure that you have sufficient coverage for your particular needs, as you may spend more than you bargained for.
For more information, visit RBC General Insurance Company of Canada at rbcinsurance.com/online or call 1-800-769-2526. |
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