Did You Know?
Getting the maximum means being well informed
AXA provides a maximum of useful information. Take a few minutes to find out more (minimum effort for maximum results):
Do I have to get auto insurance?
In Quebec, auto insurance is mandatory, so you have no choice but to get insured. However, you can choose the best coverage for your personal needs and budget.
Which factors affect my auto insurance premium?
Several factors can affect your auto insurance premium. Here are a few:
- The type of vehicle and its year, model, and value
- What you use your vehicle for (casual driving, commuting, work-related travel, etc.)
- Your driving record (number of years without making a claim)
- The number of drivers who use the vehicle
- The age of the drivers
- The coverage and premiums you choose
- How the vehicle is protected (alarm or anti-theft system)
- The area in which you use your vehicle
Do I need “collision” insurance?
“Collision” insurance covers any damage caused to your vehicle if you are ever responsible for an accident. Depending on the age and value of your vehicle, you can choose to lower your premium by not registering for this coverage.
Can my friends drive my vehicle? Will they be covered?
If you occasionally (NOT on a regular basis) lend your vehicle to a friend, you are also—to a certain extent—lending him or her your insurance. In the event of an accident, your friend will be covered by your policy, as long as he or she has a valid driving permit and meets the requirements described in your policy. Be aware, however, that your auto insurance premium could increase if a friend has an accident with your vehicle.
What is a deductible?
The deductible is the amount of money you agree to pay if you make a claim. For example, if you choose a $500 deductible, you will pay the first $500 of damage to your vehicle. Your insurance provider will pay the rest...
Who do I notify if I have changes to report?
The broker you select when you register with GiveYourMinimum.com must be informed of any changes that could affect your insurance contract (for example, if you change vehicles, move, or begin using your vehicle to commute whereas you didn’t before). Your broker will change your contract according to this new information and ensure that your coverage is still appropriate.
Will my premium be affected if I make a claim?
If you make a claim, your premium may be increased when your contract is renewed. Why? Because your insurance premium is determined by several factors, including your driving record and the number of years since your last claim. These two elements are major considerations in determining the premium that you must pay your insurance provider.
What are the advantages of dealing with an insurance broker?
There are several advantages to dealing with insurance brokers. Bear in mind that they are specially trained, are licensed, and have an excellent understanding of insurance. That means they are perfectly positioned to offer a host of insurance products tailor-made for your needs.
Brokers also personalize their service.
- With a broker, you get good advice that will help you choose the coverage that is right for you.
- Brokers are easy to reach when you need them.
- Brokers deal directly with your insurance provider and provide assistance if you need to make a claim.
- Brokers make sure your file is up to date and your contract is right for your needs.
