Conditions required by Provincial Insurance Acts to be included in fire, automobile and accident and sickness policies.

The automobile insurance coverage that pays for personal injuries to individuals covered by the policy.

The current or fair market value of the property at the time of loss.

Coverage that pays a claimant's living expenses for living away from home while their home is repaired due to fire or other insured damage - such as hotel rooms, restaurants.

A person employed to act on behalf of another. An insurance agent is employed by an insurance company to sell their products on behalf of the company.

An insurance policy that provides coverage for all perils except those specifically excluded by the terms of the policy.

When an insured person or 'claimant' notifies an insurer of a possible loss under their insurance policy.

CLEAR stands for Canadian Loss Experience Automobile Rating which is a method of classifying/rating different models of cars for insurance purposes by using historical data such as theft, collision re [..]

The portion of the automobile insurance policy that pays for the cost of repairing the vehicle in the event of an at fault collision loss by the insured.

The portion of the automobile insurance policy that pays for the cost of damages as a result of such events as fire, vandalism and theft.