In Ontario, you can increase the basic level of accident benefits provided to you in your policy. Although Kanetix does not currently offer quotes based on these increased coverages you can discuss them with your agent or broker when you're confirming your insurance quote.
Income replacement benefits
If you become disabled as the result of a motorcycle accident, you may be eligible for weekly income replacement benefits of up to $400. If this isn't enough to cover your current income level, you can buy optional income replacement benefits to increase your maximum weekly protection to $600, $800 or $1,000.
Medical, rehabilitation and attendant care benefits
The standard maximum amount for medical and rehabilitation expenses, such as physiotherapy, chiropractic treatment, dental expenses, etc., is $100,000. If you are catastrophically injured, the maximum is $1,000,000. The standard maximum for attendant care is $72,000 and again, if you're catastrophically injured, the maximum is $1,000,000. You can buy optional benefits to cover up to $1,000,000 in additional medical, rehabilitation and attendant care expenses, and up to $2,000,000 for catastrophic injuries.
If you provide full-time care to dependants, and are disabled as the result of a motorcycle accident, this coverage will help you. The standard maximum amount for caregiver benefits is $250 per week for one dependant, plus $50 per week for each additional dependant. If you buy optional caregiver benefits, the coverage increases to $325 per week for one dependant, plus $75 per week for each additional dependant.
Death and funeral benefits
If you die as a result of an accident, the standard coverage amount is $25,000 to your eligible spouse, $10,000 for each dependant, and a maximum of $6,000 for funeral expenses. If you buy additional optional benefits, you can increase these amounts to $50,000 to your eligible spouse, $20,000 for each dependant, and $8,000 for funeral expenses.
Motorcycle insurance quickguides
- Introduction to motorcycle insurance
- Mandatory coverages
- Optional coverages
- Increasing your accident benefits (Ontario only)
- Ontario's no-fault insurance - What is it?
- Calculating premiums
The information contained within this article is subject to change. Always speak with your current insurance supplier, or a licensed insurance representative, to answer your specific questions. The information collected and compiled here is intended to simply act as a guide.