I am paying my auto insurance on monthly
payments
and I had no money in my account at time of withdrawal. Can my insurance company cancel my
policy?
An automobile insurer cannot cancel your policy if you
failed to
make one payment, other than the first payment, if the missed payment was made within 30 days of the
date on which it was originally due. Therefore, you are allowed to miss one payment only, except for
the first one, but have to pay it within 30 days or they will cancel your auto policy. If you missed
the
first payment, they will cancel your policy.
I went to see my broker for insurance. I gave
him all the necessary information. I was given a quote but when I received the papers from the
insurance company, the amount was higher. Are they allowed to do that?
Unfortunately, yes they are allowed.
After being provided a quote by your broker, he then sends all the documents to the insurance company.
The quote you receive from your broker is the total estimated policy premium but it needs to be
approved by the insurance company.
Therefore, if the broker made a mistake and the amount is higher than what he told you, you have the
choice to pay the amount charged by the insurance company or shop elsewhere but you cannot force the
broker nor the insurance company to honor the initial quote received.
Can I sue the at fault party who is from out
of province for the damages to my vehicle?
Yes, if DCPD does not apply.
If I am involved in an accident in
New-Brunswick and I am not at fault, how do I get paid?
If DCPD applies and you are not at fault, then your own
insurer will appraise your vehicle and compensate you for the damages along with paying for your loss
of use claim (car rental) and any damages to your personal contents. This results in a speedy claim
and the client does not have to contact the other insurer for service etc. The “at- fault” vehicle
does not get paid unless that vehicle carried its own section C collision coverage.
If I have a not at fault accident and I get
paid for my damages, do I have to pay any deductible?
No
What happens if I have an accident where both
parties are equally at fault?
If DCPD applies your insurer will pay for fault. In other
words, you would, get 50% of your damages paid in this instance. You would have to pay the other 50%
out of your own pocket or make a collision claim if you have the section C coverage.
Who will pay for resulting damages from an
accident: IE: Fuel from fuel truck, cargo, cargo truck, cargo spill etc.?
This portion of the damages would be paid by the at fault
vehicle’s section A liability coverage.
I was involved in an accident and I do not
agree with the percentage of fault determined by my insurance company.
If you are not satisfied with the degree of fault you can
bring an action against your own insurer. You should consult a lawyer.
I was involved in an accident with injuries. I
need treatments but they are telling me my private medical plan is primary. Is this true?
Yes. Under the Automobile Policy there is the Section B
that pays for reasonable medical expenses incurred due to injuries suffered in the accident, subject
to its limits and exclusions. But if you have a private medical plan, that becomes primary and the
automobile insurer will pay under Section B of your automobile policy only once the limits under your
own medical plan have been paid in full and/or the percentage not covered by your private medical
plan.
My insurer will not renew my home insurance.
Is he allowed?
Yes, a company may decide not to renew your home
insurance.
My premium keeps going up. What can I do?
The best advice: shop, shop and shop around!
I had an accident in a parking lot. Is it
always 50/50 on responsibility?
No, the Insurance Act and its regulations have
established rules regarding responsibility depending on the circumstances.
I hit a moose, what happens next?
If you hit a moose or the moose hits you, it’s the same
thing. Your car insurance will pay for the physical damage of your car if you have proper coverage.
If I’m involved in a motor vehicle accident
and I am not responsible, will my premium go up?
Usually, no.
