how to car insurance canada

Auto insurance canada

What are the common details to be filled while insurance documentation



well here is the format of  form which you might need to submit.Have a look at the following points

1)Your Car
Make: Model:
Year: Distance driven one way to work:
Annual mileage: Do you use your car for business? Y N

2)Vehicle Identification Number (VIN):
Your Current Broker, Agent, or Insurance Company
Name: Company:
Phone: policy number:
Coverage: Deductibles:

3)Your current annual coverage rate:
You (as principal driver)
Gender: Birth Date:
Marital Status:
Number of years you have been licensed to drive in Canada or the U.S.:
Your driver's license number:
Has your policy ever been cancelled for non-payment or any other reason?

4)first-time driver:
Did you receive a Driver Training Certificate? Y N
List details of all accidents and claims in the past 6 years:
List details of all traffic violations (not including parking tickets) in the past 3 years:
Coverage: Deductibles:

5)Other (Occasional) Drivers
Gender: Birth Date:
Marital Status:
Number of years licensed to drive in Canada or the U.S.:
Did they receive driver training? Y N Do they have a Driver Training Certificate? Y N
List details of all accidents and claims in the past 6 years.
List details of all traffic violations (not including parking tickets) in the past 3 years.

car assurance policy structure basic :

This can vary from country to country but basically it is same.

For example at U.k the format may be like:

Heading - this section covers the full name and address of the assurance company which is underwriting the auto insurance policy.

Preamble - Preamble contains following information - what will be premium paid and that the proposal form is the basis of the contract.

Operative clause - This clause will dictate the types of event that the auto assurance policy provides covers against like; typically comprehensive, third party fire and theft or third party only.

Exceptions clause - This clause contains exceptions or exclusions from the cover. For example no cover is provided if the vehicle is driven by anyone other than the drivers specified in the certificate of coverage.

Conditions - conditions, which apply for the cover to be operative.

Conditions are special terms on which insurer have to fulfill for the time he is insured For example the insured person must notify the auto insurer or their agent of any incident, which could result in a claim being made under the policy. 

There might be some conditions to make people more responsible for vehicle like the vehicle must be kept in good condition so that risk for the company is low as well as they insured person is more secured while driving.There might be more conditions like that the auto insurer has the right to reasonably inspect the vehicle.

Schedule - This can be read jointly with the coverage policy and the certificate of insurance.It gives details about the specific to the insured such as name, and period of assurance. It also refers to the applicable sections within the auto insurance policy document and details endorsements applicable to the auto insurance policy.

Note:This is a estimated format only.