Provides coverage in the event of an accident for lawsuits against you, injuries, damages to your vehicle or someone else’s vehicle or other property.
In Ontario, it is mandatory to have Third Party Liability which comes with Ontario Accident Benefits, Direct Compensation and Property Damage, uninsured motorist coverage and Family Protection. All other coverages such as comprehensive and collision, are optional.
In order to obtain valid insurance, you must have a vehicle registered in your name and you must have a driver who is legally licensed to drive that type of vehicle (M Class). The vehicle can not be modified, if so it will require specialized insurance.