It's mandatory for drivers to have liability coverage and accident benefits coverage in Nunavut.
Here's what basic coverage in Nunavut includes:
$200,000 in third-party liability insurance: covers both bodily injury and property damage. Within this amount, property damage will be capped at $10,000. Most drivers opt for more than the mandated minimum.
Medical coverage: up to $25,000 per person.
Hit-and-run coverage: up to $200,000.
Uninsured motorist coverage: in Nunavut, this is included with your Accident Benefits.
Funeral expense benefits: up to $1,000.
Disability income at 80% of gross wages: up to $140 per week. This coverage runs for up to 104 weeks.
Death benefits: $2,000 per dependant, or $10,000 for the head of the household or their spouse.
Other types of optional coverage include:
Comprehensive coverage: Nunavut drivers with comprehensive insurance are protected from a wide range of incidents except for car accidents or collisions. Examples include vandalism, falling objects, natural disasters and fire damage.
Collision insurance: damage from collisions isn’t covered by comprehensive auto insurance. To cover this, you’ll need to purchase collision insurance in the event of damage to your vehicle caused by a traffic collision with another vehicle or object.
Direct Compensation Property Damage: In Nunavut, direct compensation property damage isn't mandatory.
Specified Perils: protects your car from specified perils such as losses caused by fire, floods, hail or theft.