Comprehensive coverage: Replace or repair your motorcycle if damage is caused by anything but an accident, like a fallen tree branch or hail storm.

Specified perils coverage: Damage from specific causes like theft or fire named in the policy.

Yes, there are several types of coverage you can add to your motorcycle insurance in Ontario. Are there other types of motorcycle insurance? Statutory Accident Benefits Coverage: If you’re injured or killed in an accident, at-fault or not, statutory accident benefits coverage will provide supplementary medical, rehabilitation, attendant care, caregiver, non-earner, income replacement, and death benefits. It also includes coverage for damage to your car up to $25,000. Uninsured Automobile Coverage: If you’re injured or killed by an uninsured or unidentified driver, this coverage will provide financial compensation to you and your family.

Claims with third-party liability insurance covers legal costs up to your insured limit if you’re sued. Third-Party Liability Coverage: You need a minimum of $200,000 in case you injure or kill someone or damage their property, but insurers tend to provide no less than $1,000,000 in standard policies now. This only applies to accidents that happen in Ontario. Here are the four types of mandatory insurance you need before you can hit the pavement.ĭirect Compensation Property Damage: This insurance protects you against damage to your vehicle and anything inside in case you get in an accident. In order to drive a motorcycle in Ontario, you need to have a valid M1, M2, or M class license, be 16 years old, and have the proper insurance.

Mandatory motorcycle insurance in Ontario You need insurance to drive anywhere in Canada, but there are four types of mandatory motorcycle insurance in Ontario that unlock the keys to your ride.

Not driving a motorcycle? This information is also relevant if you’re driving: Before you fuel up that tank, there’s one thing you absolutely need to do first: make sure you have motorcycle insurance in Ontario. You’ve been waiting through a long, cold winter and you can’t wait to hit the open road to feel the sun on your face and the wind in your hair.

Motorbike insuarnce