Ontario law requires every motorist to have basic car insurance with certain coverages, no matter what type of vehicle you drive. Mandatory coverages include:

• Third-Party Liability Insurance

Financial protection if a third party is harmed or property damaged; Morison recommends a minimum of $2M liability

• Accident Benefits Coverage

Income replacement, attendant care, medical and rehabilitation costs; optional to increase

• Direct Compensation Property Damage

Covers your vehicle and contents when not at fault; claim with your own insurer

• Uninsured Automobile Coverage

Protects against hit-and-run or uninsured driver; covers medical and repair costs

• Collision or Upset Coverage

For losses caused when an automobile is in a collision with another object or tips over. Objects can include another vehicle, a streetlight, street signs, a median and others.

• Comprehensive Coverage

Comprehensive coverage will pay for losses, other than those covered by collision or upset, including perils listed under Specified Perils, falling or flying objects, vandalism, and missiles.

• All-Perils Coverage

Combines collision or upset and comprehensive coverages. All-perils coverage includes loss or damage caused if a person who lives in your household steals the insured Audi. Coverage also applies if an employee who drives, uses, services, or repairs the insured Audi, steals it.

• Loss of Vehicle Use (OPCF20)

Coverage that provides for rental of a vehicle while the insured vehicle is out of use due to an insured physical damage claim.

• Liability for Damage to Non-Owned Automobiles (OPCF27)

Coverage for liability for loss or damage arising from the care, custody or control of a non-owned automobile, including its equipment, not owned by the insured. An example of a non-owned vehicle is a rental car.

• Removing Depreciation Deduction (OPCF43)

Waives depreciation if you are the original owner/lessee of the Audi, if loss or damage occurs within 24 months of the purchase/lease date, or if the 24 months end during the policy term, the coverage will continue until the expiry date of that policy period.