As president of KBD, Curtis aims to simplify insurance for his clients. He’s helped lead KBD to become one of Canada’s fastest 400 growing companies according to the Globe & Mail.
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Find out everything you need to know about insurance when it comes to vehicle registration in Ontario.
First things first, can you register a car without insurance in Ontario?
Quick answer?
Nope, you cannot.
You can technically buy a car without having insurance in place, but you won’t be able to drive it off the lot until you do.
As soon as the sale goes through, you’re required to provide proof of insurance from a licensed Ontario insurance provider.
The same goes for registering a vehicle – proof of insurance is mandatory.
But why?
The first thing you should know is that car insurance is compulsory in Ontario.
You’ll need to be covered for at least 200k in liability insurance and other mandatory coverages before you can hit the road.
In this blog, we’re answering your car insurance questions when it comes to registering a vehicle in Ontario.
All in 2 minutes or less.
Do I need insurance to register a car in Ontario?
Short answer?
Yes, you absolutely need car insurance to register your vehicle in Ontario.
Car insurance is compulsory for every vehicle in Ontario, and in order to register your car in the province, you have to be covered by the minimum required insurance.
But there’s a couple of parts to this. Let’s break them down.
What type of insurance should you buy to register your car?
In Ontario, the minimum mandatory (and lowest cost) car insurance is one way insurance.
So if you’re looking to save, this could be an option for you.
However, it only covers the bare bones of mandatory coverage in Ontario.
It’s worth mentioning that one way coverage probably isn’t the best option if you own a premium vehicle, or want to be covered for all types of accidents.
Check out our blog that explains how one way car insurance works in Ontario in depth.
You also need to purchase both collision and comprehensive insurance if you’re deciding to lease or finance your car.
This is because the lender will require you to carry full car insurance protection, which includes all coverages.
Are you a first time car insurance customer?
Check out our guide on how to buy car insurance for the first time in Ontario to learn more.
How to register a car in Ontario?
There are a few things you’ll need in order to complete your vehicle registration in Ontario.
- Proof of insurance from a licensed Ontario car insurance provider (that’s us 🙂)
- Ontario drivers licence or RIN number
- Proof of identity (personal documentation, date of birth, etc.)
- Purchase proof of the vehicle
- Original seller permit
- Licence plate
You can then head over to ServiceOntario to register your vehicle.
Once you complete these steps, you’ll be ready to ride off into the sunset, fully insured.
Do you need insurance to transfer car ownership in Ontario?
Yes.
In order to transfer ownership of a vehicle in Ontario, you’ll need to provide proof of insurance, along with your driver’s licence, and the vehicle permit.
Take a look at the government of Ontario page to learn about how to buy and sell a car and transfer ownership.
Wrap-up
So there it is.
In a nutshell, you need insurance for any motor vehicle registration in Ontario.
Car insurance is mandatory for all drivers in the province, and you cannot register a car without insurance in Ontario.
The insurance coverage that you purchase will be up to you, unless you lease or finance your car.
In that case, you need to purchase collision and comprehensive insurance on top of your regular coverage.
Still have questions? Give the KBD Ontario team a call.