When living in Pickering, Ontario, you need to make sure you have the proper amount of insurance coverage. All drivers are required to carry car insurance throughout all of Canada. Certainly no one wants to be involved in an accident, but if you are involved in one, you need to make sure you have adequate coverage for car repairs, rental coverage, and liability protection. However, there is not a requirement that says how much you need to pay for it. The best way to get the coverage you need, and within your budget is to get quotes from several companies to make sure you get the best price. Continue reading below to see how you can get the best coverage and the price in Pickering, Ontario.
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Interesting Car Insurance Stats & Average Annual Cost of Car Insurance For Drivers in Pickering:
Pickering Ontario is a bustling community located on the shores of Lake Ontario in the region of Southern Ontario, Canada. It is an area with abundant natural beauty with lake- side charm, miles of pristine natural land, and a progressive and modern city landscape.
Pickering prides itself on promoting itself as a sustainable city where development meets the needs of the population while protecting the environment for many generations to come. The program has continued to grow and evolve with five basic objectives: creating a healthy environment, responsible development, a prosperous and healthy economy, a healthy society, and a responsible consumption of natural resources.
Pickering is just east of Toronto Canada with convenient access to major highway corridors, and in close proximity to several large airports, the city provides a gateway to markets across North America. The workforce is both highly skilled and educated as is required for major national, and international companies being located in the area. The major industry sectors include energy, engineering, pharmaceuticals and biotechnologies, and communications technology. Approximately 3.8 million people live within a 30 mile radius of Pickering, and over 88% of the residents in Pickering have post secondary degrees or diplomas. Pickering, with a strong and diverse economy, exceptional infrastructure, and its programs to sustainability, is expected to lead the country in growth.
Provincial Rank: 27 National Rank: 58
Source: Statistics Canada
To be properly insured in the province of Ontario, you must carry four forms of coverage at all times: Third Party Liability, Accident Benefits, Uninsured Motorist and Property Damage coverage.
For more information, please read Standard Auto Insurance Policy & Additional Coverage's In Ontario.
The province of Ontario has a "No-Fault" car insurance system. Regardless of who is at-fault at the scene of the accident, both parties have to contact and deal with their own insurance provider. In Ontario, you don't have to pursue the at-fault driver for direct compensation.
For more information, please read How No-Fault Insurance Affects Drivers.
Looking for more information on how to save money on auto insurance? We've prepared some guides to help you:
Visit our Insurance Tips & Information Centre for useful tips and advice on how to save on your car insurance.
The Government of Canada has many resources to help: