As of June 1 2016 insurer cannot increase your costs for your first minor at-fault accident within a three year period.
Ontario auto insurance minor accident. Any accident even minor can have repercussions when it comes to insurance. Ad 10 Of Customers Paid Less Than 265 Between Jan and Jun 2021. Ad 10 Of Customers Paid Less Than 265 Between Jan and Jun 2021.
Ad 10 Of Aviva Customers Paid 184 For Their Car Insurance excl. Minutes To Get A Quote - Just Have Your Details Handy. An accident is considered minor if there were no injuries and the damage was under 2000 per car.
Even if the damage is minimal less than 2000 and you decide not to file an insurance claim you will have a record of the accident. There are certain criteria that must be met. In a minor accident the insurer does not have to make any payouts.
96 of customers recommend us. Minor Accident Insurers can no longer use a minor at-fault accident that occurs on or after June 1 2016 meeting certain criteria to increase your premiums. Can you report a car accident after 24 hours.
Our Claims Team Are Available 247 365 Days A Year For You New Claims Only. When you are involved in an auto accident involving injury or property damage you need to report it to your insurance agent broker or insurance company within seven days regardless of who is at fault. The FSCO explains.
Ad We Work Hard To Make It Easy As Possible For You To Get A Good Deal On Your Car Insurance. Ontario Auto Insurance Benefits Changes to Reporting Minor Accidents Subject to the exception described below an insurer may not take into consideration a minor accident that occurred on or after June 1 2016 in deciding whether to issue renew or cancel a contract or in determining the premium if all of the following criteria are met. Compare Car Insurance From 102 Brands.