This is a very broad type of coverage.
What does all perils coverage in auto insurance. Essentially if your car is stolen by someone you know eg. Opposite to an all perils insurance policy is a named perils insurance policy also called specified perils policy that. All risk insurance for dwelling buildings and named perils all risk for Quebec for your contents subject to exclusions specified in the policy.
It often goes hand in hand with Collision coverage as an alternate to comprehensive cover but it can be purchased separately. All Perils protection combines both of the above coverages. Comprehensive coverage which covers damage due to vandalism or caused by a tree falling on your car or any other flying or falling object.
All perils insurance is comprehensive and collision insurance with a little extra. It covers everything that Collision and Comprehensive cover plus theft by somebody in the household or by an employee. When it comes to Canadian auto insurance you have two aspects to consider.
Two types of auto insurance. Mechanic family member and damage occurs all perils covers you. Optional coverages that you can add to suit your specific needs.
Mandatory coverages that are required to operate a vehicle on public roadways. What does All Perils coverage provide me. Specified perils covers the cost of damage from.
This covers loss or damage of your vehicle. 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. 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.