All licensed drivers who own a registered vehicle should know that it is required to have auto insurance. In Ontario, it is illegal to drive a vehicle without being insured and is considered to be a very serious offence under Canadian law. Driving without car insurance in Ontario is punishable by fines starting from $5,000.00 to $50,000.00, a suspended license and having your vehicle impounded; therefore it is mandatory to have.
Auto insurance will protect and provide coverage for your vehicle(s), all listed drivers and any loss or damages. In Ontario, it is required to include and purchase the following automobile insurance coverage below:
