12/14/2023 0 Comments Free car quotes![]() ![]() They want to protect the underlying asset in the event you get in an accident and the car is a total write-off.īut if you’re not relying on third-party financing, the choice is yours. Outliers are Quebec ($50,000) and Nova Scotia ($500,000).īut, if you're financing your car with a car loan, or are leasing, your lender may require that you buy more coverage than the mandatory minimum. The minimum benefit you need to purchase in most parts of Canada is $200,000. Every province and territory has rules around the mandatory amount of insurance you have to buy to legally operate a car.Įssentially, no matter where you live in Canada you need to buy third-party liability insurance. ![]()
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