Underinsured and Uninsured Motorist Coverage
Many US drivers have little to no car insurance coverage. Importantly most of, if not all, PEI car insurance policies provide underinsured and uninsured coverage. PEI residents should check with their brokers and top up all their insurance benefits especially UMC. If you are involved in an accident with a US car driver your own car policy will offer you extra protection should they not be insured. Every individual needs to make sure they have the best car insurance they can afford. Especially when planning to drive for long distances south, as most snowbirds do, to escape Canada’s cold northern climate.
Tort Claims, Car Insurance and Contractual Accident Benefits In Prince Edward Island
Prince Edward Island, along with most US and Canadian jurisdictions, has a “tort-based” liability system. This means an injured party is allowed to bring a claim against the the party who caused their pain and suffering and/or financial losses. There are additional aspects. As an example if you are involved in an accident in PEI an action must be commenced within two years.
In Prince Edward Island, you legally need a car insurance policy to drive. The minimum liability coverage is $200,000. You must have Third-Party Liability Insurance, as well as direct Compensation-Property Damage, Accident Benefits and Uninsured and Unidentified Car Insurance. There are many optional coverages that you can add to your car insurance, such as Collision or Upset Insurance, Comprehensive Insurance, SEF 44 Family Protection and GAP Insurance.
It is therefore very important to speak to a personal injury lawyer in PEI to get the most up-to-date information, as well as to speak about your individual case. This way you can ensure that your rights and remedies are properly protected.
