Topic

Where are insurance minimums stated?

by: jsherk on

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jsherk
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Where are insurance minimums stated?

Unread post by jsherk »

So I was reading the Compulsory Automobile Insurance Act and it says we must be insured but does not specify what the insurance must be.

I am sure there must be another act or regulation stating what is required.

Where does it state the minimum liablility coverage required, and where does it state that accident benefits are required (and any other requirements).

I asked my insurance company and they said the Compulsory Automobile Insurance Act but this does not contain any of this information that I can see.

Thanks

+++ This is not legal advice, only my opinion +++
Stanton
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Re: Where are insurance minimums stated?

It actually falls under the Insurance Act (which is separate from the Compulsory Automobile Insurance Act). I believe most minimums are listed in the main body of the act, but some of it might be in the regulations as well.

http://www.canlii.org/en/on/laws/stat/r ... i8/latest/

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