Auto Insurance

At CP Insurance, we want you to drive with peace of mind. Our priority is to find you the best rates and terms on car insurance in Carleton Place.

Finding You the 
Right Coverage

When shopping around for a new car or car insurance policy in Carleton Place, it’s essential to do your research. At CP Insurance, we simplify the process of finding the right coverage for you.  Our dedicated brokers will sit down with you and assess your needs based on your driving history, driving frequency, and lifestyle.

Standard policies include coverages such as liability, accident benefits, and damages. Additional options, such as collision and comprehensive insurance or coverage for damage from fire or animals, are also available. Our team at CP Insurance has decades of experience and can help you find the right policy for your vehicle type and lifestyle needs.

Offering the Best 
Rates and Terms

After compiling the details and deciding on the right policy options together, we’ll negotiate terms with various insurers. To determine your premium, insurance companies look at the type of vehicle, repair cost, and other factors. In some cases, certain trucks, antiques, and high-end luxury cars have high insurance premiums and deductibles. Factors like your age and lifestyle can also influence the rate you’re charged. At CP Insurance, our brokers can place you with an insurance company that will offer you favourable rates and discounts based on your risk profile and driving history.

Coverage for Every 
Type of Vehicle

Our team can help you find the best possible car insurance in Carleton Place by working with the top insurance companies in Canada. This allows us to find you the right coverage for your make and model. Whether you own an antique vehicle, electric, lifted car or commercial vehicle, we can find you a customized insurance policy that covers all bases and leaves nothing to chance. No matter your needs, CP Insurance prioritizes customized policies that account for premium coverage and affordable deductibles and ensures our clients are adequately protected.

Frequently Asked Questions

With many years of experience in the industry, we’ve helped countless clients with their questions and concerns about their car insurance policies in Carleton Place and beyond.

The cost of car insurance in Ontario can vary significantly depending on a range of factors, including your driving record, age, the type of car you drive, your location, and the coverage options you choose. At CP Insurance, we shop around and compare quotes from multiple insurance providers to find the best coverage and price for your specific situation.

  • Driving record: Your driving history is a significant factor in determining your insurance premium. Drivers with a clean driving record and no accidents or tickets typically pay lower premiums than those with a history of accidents or traffic violations.
  • Age: Young drivers, typically those under the age of 25, often pay higher premiums than older, more experienced drivers. This is because young drivers are statistically more likely to be involved in accidents.
    Type of car: The make and model of your vehicle can also affect your insurance premium. Cars that are more expensive to repair or replace or have a higher likelihood of theft may have higher premiums.
  • Location: Where you live can also impact the cost of car insurance. Drivers in urban areas may pay higher premiums than those in rural areas due to the increased risk of accidents and theft in cities.
  • Coverage options: The type and amount of coverage you choose can also affect your premium. For example, comprehensive coverage that includes protection against theft, vandalism, and other non-collision incidents is generally more expensive than basic liability coverage.

It’s worth noting that there are other factors that could come into play, such as your credit score and whether you use your car for business purposes.

Car insurance in Ontario works by providing drivers with financial protection in the event of an accident, theft, or damage to their vehicle. When you purchase car insurance in this province, you pay a premium to the insurance company based on a range of factors. The insurance company then agrees to pay out benefits if you are involved in an accident or if your car is stolen or damaged, up to the limits of your policy.

If you are involved in an accident, you would typically file a claim with your insurance company, which will then investigate the accident and determine the amount of coverage you are entitled to based on the terms of your policy.

In Ontario, it is mandatory for all drivers to have a minimum level of coverage, which includes third-party liability coverage, accident benefits coverage, and uninsured automobile coverage.

  1. Third-party liability coverage provides protection if you are at fault in an accident and cause damage to someone else’s vehicle or property or if someone is injured or killed in the accident. The minimum required amount of liability coverage in Ontario is $200,000, but many drivers opt for higher limits to provide additional protection.
  2. Accident benefits coverage provides compensation for medical expenses, lost income, and other costs associated with injuries sustained in an accident, regardless of who is at fault. This coverage also provides benefits to surviving family members in the event of a fatal accident.
  3. Uninsured automobile coverage provides protection if you are involved in an accident with an uninsured or hit-and-run driver.

In addition to these mandatory coverages, drivers can also choose to purchase optional coverages. One such coverage is collision coverage, which ensures your vehicle is protected from damage to your vehicle in the event of a collision. Additionally, there is comprehensive coverage, which covers damage to your vehicle from non-collision incidents such as theft or vandalism.

In Ontario, the insurance policy for your car typically covers anyone who has your permission to drive the vehicle. However, it’s important to note that your insurance coverage may be affected if someone else drives your car and is involved in an accident.

  • If the person driving your car is not listed as a driver on your insurance policy, your insurance company may still provide coverage. Still, there may be limitations or exclusions to the coverage. For example, if the driver is found to be at fault in an accident, your insurance premiums could increase, and you may have to pay a deductible.
  • It’s also worth noting that if the person driving your car is involved in an accident and does not have their own insurance policy, your insurance may be responsible for covering the damages and injuries up to the limits of your policy. This is why it’s important to carefully consider who you allow to drive your car and to make sure they are qualified and insured drivers.

If you frequently allow others to drive your car, it may be a good idea to speak with your insurance provider to ensure that you have the appropriate coverage in place to protect yourself and your vehicle in the event of an accident.

Yes, car insurance is mandatory in Ontario for all drivers. The province has a “no-fault” insurance system, which means that each driver involved in an accident is typically responsible for filing a claim with their own insurance company, regardless of who is at fault.

As mentioned above, the mandatory minimum coverage includes third-party liability coverage, accident benefits coverage, and uninsured automobile coverage.

Driving without insurance in Ontario is illegal and can result in significant fines and penalties. Additionally, if you are involved in an accident while uninsured, you may be personally responsible for paying for any damages or injuries caused, which can be financially devastating. So, if you are a driver in Ontario, it’s important to have adequate car insurance coverage to protect yourself and others in the event of an accident.

An insurance premium is the amount you pay for your car insurance coverage. It is typically paid on a monthly or annual basis. This fee is charged by the insurance company for providing car insurance coverage.

When you purchase a car insurance policy, you will need to choose a coverage level and pay the premium amount. The insurance company will then provide coverage as specified in the policy for the duration of the coverage period.

It’s important to pay your insurance premiums on time to avoid a lapse in coverage. Failure to pay premiums can result in the cancellation of your policy, which can make it difficult to obtain insurance coverage in the future.

You can reduce your car insurance premiums by choosing a higher deductible, maintaining a good driving record, installing safety features in your car, and bundling your car insurance with other policies, such as home insurance.

  • Choose a higher deductible: A deductible is the amount you pay out of pocket before your insurance coverage kicks in. Choosing a higher deductible can lower your premiums, but keep in mind that you will need to pay more out of pocket in case of an accident.
  • Maintain a good driving record: Having a clean driving record with no accidents or traffic violations can help lower your car insurance premiums. Insurance companies view safe drivers as lower risk and may offer them better rates.
  • Maintain a good driving record: Having a clean driving record with no accidents or traffic violations can help lower your car insurance premiums. Insurance companies view safe drivers as lower risk and may offer them better rates.
  • Bundle your car insurance with other policies: Many insurance companies offer discounts when you bundle your car insurance with other policies, such as home insurance. This can help lower your overall insurance costs.

While it’s important to find ways to lower your premiums, it’s equally important to make sure you have adequate coverage to protect you in case of an accident or other unexpected events.

At CP Insurance, we take the time to shop around policies at different insurers to get you the best possible rate. We can present you with our findings from multiple insurance providers and walk you through each option so you can ensure that you have the best coverage.

If you need to file a claim after an accident, here are the general steps you can follow:

  • Contact your CP Insurance: Call our office as soon as possible after the accident. We’ll request you provide details, such as the date and time, location, and any injuries or damages sustained.
  • Provide necessary documentation: Once we understand the details, your broker will ask for documentation to support your claims, such as the police report, photos of the damage, and any medical bills or repair estimates.
  • Follow the insurance company’s instructions: We can provide instructions on how to proceed with the claim, including any deadlines for submitting documentation or information.
  • Cooperate with the claims adjuster: From here, we will connect with your insurer, and they will assign a claims adjuster who will investigate the accident and assess the damages. Cooperating with the adjuster is paramount, as they may need additional information regarding the accident.
  • Review the settlement offer: Once the claims adjuster has completed their investigation, they will provide a settlement offer. Review the offer carefully and ask questions if anything needs to be clarified. We can help you understand the amount and how to move forward with the next steps.
  • Accept or negotiate the settlement offer: If you are satisfied with the settlement offer, you can accept it, and the insurance company will issue payment. If you are not satisfied, you or your broker can negotiate with the insurance company to reach a fairer settlement.

At CP Insurance, we aim to make the claims process as smooth and easy as possible. We’ll be there for you every step of the way. If you have any further questions or concerns regarding how we handle the claims process, don’t hesitate to reach out to us.

Other Insurance Services

Whether you’re searching for car insurance in Carleton Place or additional policies for your home or business, CP Insurance can help. Our team provides knowledge and expertise in various types of insurance, ensuring you’re covered in all areas.

Home Insurance

Securing your most valuable asset is of utmost importance. At CP Insurance, we offer comprehensive home insurance policies that go beyond mere protection. Our policies provide complete assurance, covering not only the dwelling itself but also personal property and additional living expenses. With our expert team of insurance brokers, we ensure homeowners can find a policy that suits them best.

Business Insurance

Business insurance is essential for any business to protect against potential financial losses from unexpected events, such as property damage, liability claims, and theft. It can safeguard a company’s assets and help it to recover from unforeseen events, minimizing risks and protecting its bottom line. CP Insurance offers a range of business insurance policies tailored to meet the unique needs of different businesses in various industries.

Auto Insurance

CP Insurance offers comprehensive car insurance policies that provide protection against a wide range of risks. We offer standard insurance options and additional coverage to ensure that our clients have the protection they need in any given situation. Our brokers are committed to providing affordable and reliable car insurance coverage to all clients, giving them peace of mind on the road.

Cottage Insurance

As a home away from home, you want to safeguard your cottage in the best way possible. Cottage insurance is vital for protecting your property and can include customized coverage options depending on where your cottage is located and when and how often it is used. We can find comprehensive policies that have coverage for various structures and personal belongings, such as boats, ATVs, and furniture.

Farm Insurance

Comprehensive farm insurance is vital in preserving the substantial investments farmers make in their operations. At CP Insurance, we understand the importance of protecting your farm. Our policies offer extensive coverage for buildings, machinery, livestock, and crops. With our tailored approach, we customize each policy to suit the specific needs of your farm operation, providing robust financial protection. Trust CP Insurance to help safeguard your farm’s future.

Boat Insurance

Boat insurance is vital for protecting your vessel from unexpected risks and ensuring peace of mind on the water. With our sister company Portside Marine Insurance, finding the right policy becomes effortless. Their expertise and tailored approach empower you to secure comprehensive coverage while safeguarding your boat and passengers so that you can navigate waterways with confidence.

No matter what life throws your way, you will be safeguarded with an insurance policy that you can count on.

Contact us at CP Insurance today to discuss how we can help you get the coverage you need to protect your greatest investments.