Ford F-150, Chevrolet Silverado, GMC Sierra, Dodge RAM—no matter which pickup truck you choose, and whether you own or lease it, these utility vehicles represent a significant investment. That’s why it’s important to choose an insurance policy that will provide you with adequate coverage in the event of an accident.
Assurances Multi-Risques
would therefore like to offer you its best insurance advice to help you choose the right car insurance to cover your superb pickup truck! This short read will help you make a more informed choice!
To get started, you need to know that there are two main types of car insurance: comprehensive insurance and third-party liability insurance. Comprehensive insurance covers damage to your vehicle, while third-party liability insurance covers damage to other people’s property or injuries to other people.
If you are only looking for a price, you may be disappointed!
Insurance premiums vary greatly from one insurance company to another, and this can sometimes seem quite surprising! Many people are tempted to choose the cheapest option. But as with everything in life, “cheaper” often means “worse.”
If you choose to shop around for car insurance for your pickup truck yourself, make sure you compare apples to apples! From one insurer to another, be sure that the coverage and insurance amounts that will cover your civil liability and your vehicle are the same. Here are a few points to consider.
Civil liability: Chapter A of the insurance contract for your pickup truck
Even though all Quebecers are covered by the Société de l’assurance automobile du Québec (SAAQ), not all damages are covered by this insurance. Therefore, it is mandatory in Quebec to have civil liability insurance of at least $50,000, which will cover you in the event of physical or material damage caused by your fault to another person (in Canada or the United States). You must purchase this insurance from an insurer of your choice.
Please note that insurers base your premium on information such as your age, gender, occupation, and driving habits rather than the make of your pickup truck!
IMPORTANT: We always recommend choosing civil liability insurance coverage of at least $2,000,000. If your civil liability insurance coverage proves insufficient in the event of a lawsuit against you for an at-fault accident, you will have to pay the difference yourself!
Collision, fire, theft, and vandalism: Chapter B
It is in Part B of your auto insurance policy that the model of your pickup truck and where you live will have the most significant impact on the amount of your premium. The frequency of theft of the vehicle or its parts in a given region also makes a huge difference!
The types of optional coverage offered in Chapter B may include the following:
- damage to your car in the event of a collision with another car and/or in the event of an overturn, even when you are at fault;
- damage caused without collision (including fire, hail, flooding, vandalism, theft of the vehicle);
- Comprehensive coverage. It covers all damage to your car except for damage that is excluded in the contract (for example, rust is excluded).
- specific risks.
So, depending on the choice you make, the price of your premium will vary. In fact, it’s best to start looking for car insurance at the same time as you start looking for the perfect pickup truck!
To help you through this process, you can always entrust your insurance search to an independent insurance broker! They will find the best insurance coverage for your pickup truck at the best price. They will also take the time to explain your contract to you and answer all your questions!