My car is getting old, do I still need full coverage? - BST Insurance
This is a question we get asked a lot when our customers are looking for ways to save. Although we cannot make that decision for you, we can share that the answer varies for everyone. Here are some things you should consider when your vehicle ages.
- Collision deductible is minimum $500 in Ontario and can be increased to save.
- Condition of the vehicle.
- Leased or financed? Check your lease contract most require full coverage.
- Lower value vehicles will not be repaired if the repair cost are near actual cash value