haggis88
08-11-2012, 12:00 PM
please excuse my apparent stupidity, however, i'm perplexed by the whole insurance situation
LIABILITY ONLY
is this similar to the UKs version of 3rd Party Only cover?
IE, if i smash into someone/something...they're covered, but i get f eck all back for damage to my vehicle?
but if someone smashes into me, then its covered by their insurance rather than mine?
only ask because i've just had a quote of $980 for the year on a Honda Ridgeline with $2,000,000 liability cover...which seems really good to me, after being told by others i should expect to pay thousands for my first insurance in Canada as an immigrant
but it jumps to $4880 if i put on Comprehensive & Collision with a $1000 deductible, which is more like what i was expecting!
this is with me saying i've only held a non-learner Canadian license for <1 year and have no accidents, claims, tickets or anything like that
basically what i'm asking is....would opting for the Liability only cover be a sensible thing to do? or should i find something thats a bit cheaper to insure with comprehensive cover?
its actually one of the cheapest vehicles i've quoted on so far...a CR-V is $1200 on a liability only
thanks
LIABILITY ONLY
is this similar to the UKs version of 3rd Party Only cover?
IE, if i smash into someone/something...they're covered, but i get f eck all back for damage to my vehicle?
but if someone smashes into me, then its covered by their insurance rather than mine?
only ask because i've just had a quote of $980 for the year on a Honda Ridgeline with $2,000,000 liability cover...which seems really good to me, after being told by others i should expect to pay thousands for my first insurance in Canada as an immigrant
but it jumps to $4880 if i put on Comprehensive & Collision with a $1000 deductible, which is more like what i was expecting!
this is with me saying i've only held a non-learner Canadian license for <1 year and have no accidents, claims, tickets or anything like that
basically what i'm asking is....would opting for the Liability only cover be a sensible thing to do? or should i find something thats a bit cheaper to insure with comprehensive cover?
its actually one of the cheapest vehicles i've quoted on so far...a CR-V is $1200 on a liability only
thanks