All perils coverage also covers loss or damage in the event your car is stolen or if its damaged by an additional driver or someone in your household.

What does all perils coverage in auto insurance. This is a very broad type of coverage. All Perils protection combines both of the above coverages. Optional coverage for your car that takes care of the cost of repair if its hit andor damaged by a collision or upset with another object.

All risk insurance for dwelling buildings and named perils all risk for Quebec for your contents subject to exclusions specified in the policy. Comprehensive coverage which covers damage due to vandalism or caused by a tree falling on your car or any other flying or falling object. It often goes hand in hand with Collision coverage as an alternate to comprehensive cover but it can be purchased separately.

Comprehensive coverage includes all perils except for collision or upset of the automobile or damage caused by theft by a person residing with your or who repair your car. Glass repairs to your car might also be covered with specified perils or all perils insurance coverage of your policy. All perils insurance is comprehensive and collision insurance with a little extra.

This coverage pays for losses other than those covered by collision or upset including perils or dangers listed under Specified Perils falling or flying objects missiles and vandalism says FSCO. All perils insurance policy is an insurance policy that would cover all the risks unless these are explicitly excluded in the policy text with a few exclusions such as nuclear disasters or acts of war. It provides assurance against non-collision related threats.

Replacement cost replaces contents with items of similar value without depreciation. Collision or upset coverage another option is especially popular and covers rollover or damage from collision with another object. Youre covered for everything under Collision and Comprehensive.

This coverage is optional in most provinces but if you finance or lease a vehicle the financial institution may require you have it. It combines the protection offered by. All Perils If damage is caused while your vehicle was stolen by someone in your household or someone youve hired to drive your vehicle eg an employee with all perils this would be covered.