Alternative vehicle rules and insurance requirements

Get 30+ Car Insurance Quotes in 5 minutes

The province of Ontario has full recognition of the importance of the new means of transportation available in the market recently as a result of rapid technological advancements, among other reasons. Some of these include the electric bicycles also known as the e-bikes, personal mobility devices, low-speed vehicles, personal transporters, and even motorcycles. These insurance policies are covered under the alternative vehicle insurance. To get the best alternative means of transportation, you can compare alternative vehicle insurance premium rates in order to have the best option.

It is crucial to know the Alternative vehicle rules and insurance requirements and compare insurance policies since some of these vehicles might even not have the permissions to operate on the Ontario roads. The main reason as to why this may not be legally allowed is due to the safety of the integration of these particular vehicles with pedestrians and also other vehicles. Often, in the attempt to look for lower vehicle insurance premium rates, one might tend to consider these alternative vehicles as an option as they tend to have relatively lower rates on the insurance payments. Apart from just seeking to compare alternative vehicle insurance charges so as to achieve lower vehicle insurance responsibilities, the conditions that come with the operations of these alternative vehicles in the public roads should be checked.

For the operations of any vehicle in the public roads on the province of Ontario among many other Canadian provinces, the vehicles must meet two specific requirements:

      • The federal minimum standards for the motor vehicles that are used on the public roads
      • The safety standards of motor vehicle equipment, for instance the regulation standards of the braking systems and the seat belts.

After a motor vehicle has satisfied the two regulations fully, if you happen to have a motorcycle for instance, you have to get it a motorcycle insurance coverage which is basically the same as that of the regular vehicles insurance service. Usually, the difference with the motorcycle insurance rates is that it may have a lower vehicle insurance premium. As with the standard automobile insurance, it is wise to compare alternative vehicle insurance charges in order to find the most suitable deal for you. You should not forget that even if you have motorcycle insurance coverage, you still have to adhere strictly to all the road safety rules. All the insurance policies as well as the traffic laws will hold you responsible in the event of any infringement.

Factors Affecting Your Auto Loan Interest Rate – Find the Best Car Loan Rates in Canada

Factors Affecting Your Auto Loan Interest Rate – Find the Best Car Loan Rates in Canada

I know this piece of information is going to make you shake your head in disbelief. Older cars often have higher interest than brand new ones. Yes. You read that right.  We’re here to help you get the best deal on our vehicle loan. Our company compares loan costs and interest rates. For more information and to get assistance with finding the best loan deals, click on: www.comparemyrates.ca
A Guide to buying a New or a Used Car in Canada

A Guide to buying a New or a Used Car in Canada

Buying a car can be a daunting task. There are many decisions to make and aspects to take into account. You have to decide what type of vehicle and brand you want, your budget, and whether you want to buy a new or used car. Fortunately, this in-depth Canadian car buying guide covers most of the important aspects that you should consider before making a purchase. It will make the process easier by walking you through the steps of buying a car in Canada.
Does your Vehicle Qualify for Classic Car Insurance?

Does your Vehicle Qualify for Classic Car Insurance?

Are you a classic car owner? If so, you probably spend a considerable amount of money, time, and effort to keep your car in tip top condition. And, like all automobiles in Canada, classic cars also need insurance. You may not realise that your classic car could cost you much less in insurance than a […]
Ontario’s Car Insurance Rates Rise for Third Straight Quarter

Ontario’s Car Insurance Rates Rise for Third Straight Quarter

Auto insurance companies in Ontario are raising their rates by as much as 1.11% on average during the second quarter of 2018, which means that drivers in Ontario continue to face higher premiums. This is the third straight quarter showing a rate increase. In the first quarter of 2018, auto insurance company rates increased by […]
Don’t Be a Speed Demon – What Traffic Tickets Will Cost You

Don’t Be a Speed Demon – What Traffic Tickets Will Cost You

Last April, British Columbia police tracked down a motorcycle driver for speeding. He had posted a YouTube video of himself speeding down a highway on Vancouver Island. The video showed him working his way between other vehicles at heart-stopping speeds of up to 300 km/h. Unfortunately for him, the 25-year-old motorist had multiple traffic violations […]
How do Insurers Determine your Car Insurance Rates?

How do Insurers Determine your Car Insurance Rates?

To legally drive in Canada, you’ll need more than a valid driver’s license issued by the provincial or territorial government. By law, drivers are also required to obtain auto insurance. Driver’s license fees are a fixed price, and a reasonably cheap one at that. But, Auto insurance can be quite expensive and often a long-term financial burden. Insurance […]