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TD Mandatory Coverage Car Insurance

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TD Mandatory Coverage – A Mandatory Car Insurance Plan For Canadians

Ontario law requires that you have at least a minimum amount of auto or car insurance coverage to protect yourself and your loved ones from auto-related perils and accidents. TD car insurance mandatory coverage is the right plan for you, it is designed to provide liability coverage, direct compensation, uninsured automobile coverage, and accident benefit coverage to the insured.

The car is for Canadians. You can insure yourself and as many drivers as possible but the insured is required to be a Canadian resident and he must have a valid driver’s license. The coverage is not for rented or leased vehicle, vehicles used for racing or competition, and vehicles that have profound and irreparable damage or unsafe.

What You Should Know about the TD Mandatory Coverage Car Insurance Plan

The car insurance cost is determined by several factors such as the make, model and year of your car, how often you drive, the purpose for which you use the car, your driving record, where you live, the coverage you choose, and special discounts. You can also save a lot in this plan by bundling your car and home insurance, driving a hybrid or electric car, insuring two or more vehicles, or installing an approved anti-theft system.

  • TD Mandatory plan car insurance is the minimum amount of car insurance you can have to protect yourself and your loved ones whether you lease, finance or own your car.
  • The plan provides liability coverage, direct compensation, uninsured automobile coverage, and accidental benefit coverage to the insured.
  • You and all the drivers included in your coverage must be resident in Canada and must have a valid driver’s license.
  • Your prior records will further determine whether or not you will be eligible for this auto/car insurance plan.
  • Your insurer may not issue you a policy if your car has a substantial unrepaired damage, is unsafe, is leased or rented to others, or is used for racing or competition.
  • The cost of your car insurance will be determined by the make, model, and year of your car, how often you drive the car, whether you use the car for commuting or for commercial purposes, your driving record, where you live, the coverage you choose, and the special discounts.
  • You can save on the car insurance plan by bundling car and home insurance, insuring two or more vehicles, driving a hybrid or electric vehicle, or installing an approved anti-theft system.

Ask your Broker about TD Mandatory Coverage Car Insurance Quotes and Compare!

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