Nova Scotia Auto Insurance

Due to the 2013 government reforms, auto insurance rate in Nova Scotia is among the lowest in Canada. Nova Scotia auto insurance rate fell from over $1,000 in 2003 to less than $800 in $2015. Although the rates are relatively low, you can get cheaper coverage by shopping around and choosing more affordable auto insurance coverage.

To learn more about Nova Scotia auto insurance, click here.

Nova Scotia drivers are required to have $500,000 in third-party liability coverage on their vehicles in order to register their vehicles. Drivers also need unidentified and uninsured insurance that protects them when involved in an accident with a driver that cannot be identified or that is not insured.

As pointed out above, Nova Scotia auto insurance companies determine what you pay by considering several variables such as your driving record, driving experience, how often you drive, your vehicle’s make and value etc.

The Direct Compensation for Property Damage system enacted by Nova Scotia on April 1, 2013, is established to handle property damage claims. This is also referred to as no-fault insurance. This means that irrespective of who is at fault in an accident, drivers will make claims to their own vehicle and their own insurance for property damage. Also, the province introduced the Automobile Insurance Fault Determination Regulations which outlines how fault should be determined in an accident.

It is required that you have minimum insurance and carry proof of the insurance any time you drive and to present it to law enforcement when pulled over. You are also required to stop if you are involved in an accident. You should also report an accident to the police if it is above $2,000.

Nova Scotia has a lot of auto insurance companies. This makes it difficult for you to choose the best option when you need coverage. This is where the services of online platforms like Insurdinary.ca come in. Insurdinary will connect you to insurance advisors in Nova Scotia who will help you to get the cheapest coverage.