If you own a vehicle in Ontario, you are required by law to, at the very least, purchase the following automobile insurance coverage:

• Third-party liability coverage: Protects you when someone is injured or killed, or property is damaged. Pays defense costs to settle claims from any lawsuits against you, up to the set limit. We recommend $2 million
• Statutory accident benefits coverage: If you’ve been injured in an accident, regardless of who caused it, accident benefits cover expenses not covered by OHIP like rehabilitation, caregiving and loss of income
• Direct compensation (property damage coverage): If someone else is at fault for an accident, direct compensation covers damage to your vehicle, its contents and equipment (stereo, speakers) including loss of use and contents
• Uninsured automobile coverage: Protects you and your family if you’re injured or killed by a hit-and-run driver or an uninsured motorist; covers damage to your vehicle caused by identified, uninsured drivers

In addition to the mandatory minimum coverages that are required by law, you may purchase higher liability limits under your third-party liability coverage, as well as increased accident benefits coverage. You also have the option to purchase physical damage coverage such as collision and comprehensive as well as other endorsements that may benefit you. aha insurance gives you choice and flexibility over your increased coverage options, so you can customize your policy to better suit your needs.