Canadian Non-Resident Insurance Card

Canadian Non-Resident Insurance Card


When you live in Canada, it’s a good idea to get Canadian auto insurance. But what happens if you move to another city or country and then you can’t access your previous policy? That’s why it’s a good idea to also have Canadian non-resident auto insurance. If you are moving out of Canada after having lived there for at least six months, certain benefits come with having non-resident car insurance instead of just having liability coverage alone.

Once you leave Canada, the company that issued you your auto insurance no longer has any responsibility for verifying that your address is still in Canada and is prepared for any claims against them.


The same goes for your car insurance as well. However, if you plan on staying outside of Canada for more than one year then it’s always recommended that you purchase non-resident coverage as well as renter's insurance as well.


What is Canadian Non-resident Auto Insurance?

Canadian non-resident auto insurance is a policy that's designed for people who have lived outside of Canada for a certain period. This coverage can be added to your regular Canadian auto insurance so that you have comprehensive insurance in case of a claim. While you may have lived in Canada, you have lived outside of the country for a certain amount of time, so it’s important to have additional coverage.


Canadian non-resident auto insurance covers your vehicle and all persons who regularly use the vehicle who are not Canadian citizens or permanent residents of Canada. Canadian non-resident auto insurance also provides coverage for any non-Canadian driver who is 25 years old or younger and holds a driver’s license from another country.


Why is it important to have Canadian Non-resident Auto Insurance?

You may think that after you’ve spent a certain length of time in Canada, you don’t need to get non-resident coverage anymore. After all, you’re living in Canada and are legally a resident. This is true, but there are some important things to consider before you stop taking out non-resident coverage.


As a Canadian resident, certain risks come with driving a car in Canada. For example, if you hit and injure someone on the road, you should be held responsible for the claim.


But if you hit someone in another country, you may not be held responsible since that person may not be able to file a claim against you. In some cases, people will purposely drive into a country with their car just so that they can hit someone and be held responsible for the claim. This is illegal, but it does happen. If you’re living outside of Canada and want to keep your car insurance, you need to make sure you have the right coverage.


What does Canadian non-resident auto insurance cover?

Canadian non-resident auto insurance will provide coverage for your vehicle and all persons who regularly use the vehicle who are not Canadian citizens or permanent residents of Canada. Canadian non-resident auto insurance also provides coverage for any non-Canadian driver who is 25 years old or younger and holds a driver’s license from another country.


How to get a Canadian Non-resident Insurance Card?

To get a non-resident insurance card, you can either apply online or visit your local insurance company. You will need to give the agent your address, proof of your address outside of Canada and your policy number. Depending on the company, you may need to pay a fee for getting your card.


Benefits of having a Canadian Non-resident Insurance Card

- If you are moving outside of Canada after having lived there for at least six months, certain benefits come with having non-resident car insurance instead of just having liability coverage alone. Once you leave Canada, the company that issued you your auto insurance no longer has any responsibility for verifying that your address is still in Canada and is prepared for any claims against them. The same goes for your car insurance as well. However, if you plan on staying outside of Canada for more than one year then it’s always recommended that you purchase non-resident coverage as well as renter's insurance as well.


Mergers and Acquisitions - how does the policy change after an acquisition?

The Canadian non-resident insurance card should be provided to the insurance company that is writing the policy. It's important to note that all policies must be in writing and signed by an authorized representative. If the company that is writing the policy is acquired by another company, your coverage will remain the same; it will just be under the new company's name.


How long do you need to maintain your Canadian non-resident insurance coverage?

In general, you will need to maintain your non-resident coverage for one year after you leave Canada. However, there are some exceptions. For example, if you move to another country and intend to live there for at least one year, you don’t need to maintain your non-resident coverage.


Is there any cost for maintaining your Canadian non-resident coverage after an acquisition?

You don’t need to pay any additional fees to maintain your Canadian non-resident coverage after an acquisition. However, your insurance company may charge you a fee for issuing you the card. Each insurance company is different and you should call or visit your insurance company to find out what the fee is.


Conclusion

Canadian non-resident auto insurance is a type of insurance coverage that is available to people who have lived outside of Canada for a certain period. It provides coverage for your vehicle and all persons who regularly use the vehicle who are not Canadian citizens or permanent residents of Canada. Canadian non-resident auto insurance also provides coverage for any non-Canadian driver who is 25 years old or younger and holds a driver’s license from another country.


You may think that after you’ve spent a certain length of time in Canada, you don’t need to get non-resident coverage anymore. After all, you’re living in Canada and are legally a resident. This is true, but there are some important things to consider before you stop taking out non-resident coverage. As a Canadian resident, certain risks come with driving a car in Canada. For example, if you hit and injure someone on the road, you should be held responsible for the claim.


But if you hit someone in another country, you may not be held responsible since that person may not be able to file a claim against you. In some cases, people will purposely drive into a country with their car just so that they can hit someone and be held responsible for the claim.


This is illegal, but it does happen. If you’re living outside of Canada and want to keep your car insurance, you need to make sure you have the right coverage.

Post a Comment

Previous Post Next Post