Driving Into The Long Weekend
Victoria Day weekend marks the unofficial start of summer in Ontario. Many residents take advantage of the long weekend to embark on exciting road trips up North. However, it is crucial to address the various considerations and precautions for drivers during this popular getaway. In this blog, we will discuss the importance of adequate insurance coverage and provide valuable tips to ensure a safe and enjoyable long weekend road trip.
Importance of Adequate Insurance Coverage
Before hitting the road for a memorable adventure up North, it is crucial to ensure that you have adequate auto insurance coverage. Ontario law mandates that all drivers carry a minimum level of insurance coverage to protect themselves and others in the event of an accident. We strongly emphasize the importance of carrying proper coverage that includes liability, adequate accident benefit limits, collision, comprehensive and transportation replacement coverage. Adequate coverage will not only safeguard your financial well-being but also provide peace of mind during your road trip.
Understanding Liability Coverage
Liability coverage is a vital component of your auto insurance policy. It protects you financially if you are at fault in an accident that causes bodily injury or property damage to others. While the mandatory minimum liability coverage is $200,000 in Ontario, we recommend considering higher limits to ensure better protection. Increased liability coverage will safeguard your assets and shield you from potential lawsuits that may arise due to accidents. Additionally, it’s wise to consider an umbrella policy that provides an extra layer of liability protection beyond your auto insurance limits.
Accident Benefits for Personal Injury Coverage
Accident benefits coverage is essential in the event of personal injury resulting from an accident. It provides compensation for medical expenses, income replacement, and other related costs, regardless of fault. When planning your Victoria Day weekend getaway up north, it’s crucial to review your accident benefits coverage to ensure it adequately meets your needs. Considering the potential risks associated with long-distance travel, having sufficient accident benefits coverage will provide essential protection and support in case of an unfortunate incident. If you do not have coverage through a work disability plan, or if you do, there may be limitations with respect to automobile accidents. The minimum limits offered under the automobile policy may not be enough if you are injured in an automobile accident and need Medical Rehabilitation. Speak to your broker to review your current limit and cost to increase.
Collision Coverage for Vehicle Damage
Victoria Day weekend often involves driving on unfamiliar roads and encountering various road conditions. Collision coverage is designed to protect your vehicle in case of an accident, regardless of who is at fault. It covers the cost of repairing or replacing your car, reducing the financial burden on you. When traveling up north, where wildlife encounters are more likely, comprehensive coverage becomes even more critical. Ensure that your policy includes adequate collision and comprehensive coverage to safeguard against damage caused by collisions with animals or other objects on the road.
Also you should be carrying Transportation Replacement coverage, if your vehicle is taken in for repairs due to an accident, you will be left stranded and will pay out of pocket for a replacement vehicle. Review Transportation Replacement coverage with your broker and the limits of coverage available.
Safety Tips Road Trips
Apart from insurance coverage, it’s essential to prioritize safety during your road trip. Ensure that your vehicle is in good working condition, with regular maintenance checks performed before departure. Be prepared for changing weather conditions and pack emergency supplies such as a first aid kit, spare tire, and roadside assistance contact information. Observe speed limits, avoid distracted driving, and be cautious of wildlife on the road. Lastly, plan your route in advance, allowing for ample rest stops and driver rotations to prevent fatigue-related accidents.
At Merit Insurance, we value the Merit Difference, which means providing one-on-one personalized attention to every client. Our knowledgeable brokers understand that each situation is unique, and we strive to tailor the best coverage for you. We encourage you to prioritize safety and protect your assets by having adequate insurance coverage before travelling. By understanding the importance of liability, accident benefits, collision, comprehensive and transportation replacement coverage, you can enjoy a worry-free getaway, knowing you’re adequately protected every step of the way.
