Royal Bank of Canada Auto Insurance: A Comprehensive Guide

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Royal Bank of Canada (RBC) auto insurance offers a range of coverage options to suit different needs and budgets.

RBC auto insurance policies can be customized to include additional features such as accident forgiveness, new car replacement, and rental car coverage.

You can also opt for a usage-based insurance program that rewards safe driving habits with discounts.

RBC's auto insurance quotes are competitive and can be obtained online or through a licensed insurance advisor.

What Is RBC Auto Insurance

RBC Auto Insurance is a customizable option that offers affordable rates tailored to your needs. Clients can choose their deductible, which can lower premiums but increase the cost of a claim.

A deductible of a higher amount can save you money on premiums, but you'll have to pay more out of pocket if you need to make a claim. Conversely, a lower deductible can save you money at the time of a claim, but your premiums will be higher.

You can get a quote online for all personal vehicles, including cars, motorcycles, motorhomes, snowmobiles, and ATVs. If you want to compare rates, RBC offers a great quote comparison tool to ensure you're getting the best value.

What Is

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RBC Auto Insurance offers a range of coverage options to suit your needs. You can choose your deductible to lower premiums, and even get an online quote for all personal vehicles.

Liability coverage is a must-have, and RBC Auto Insurance has got you covered. This type of coverage protects you in case of an accident, and is required by law in most provinces.

Accident benefits coverage is another essential component of RBC Auto Insurance. This coverage will replace lost income and medical bills, giving you peace of mind in case of an emergency.

Uninsured motorist and automobile coverage is also available, protecting you and your family in case of an accident with an uninsured or unidentified driver. You can also add the Family Protection Endorsement Supplement for extra support.

Collision and comprehensive coverages are available to protect your vehicle from damage. Collision car insurance covers repairs if you hit another vehicle or object, while comprehensive car insurance covers damage from events like fire or theft.

Here are the different types of coverage options available:

  • Liability coverage (or civil liability in Quebec)
  • Accident benefits coverage
  • Uninsured motorist and automobile coverage
  • Collision and comprehensive coverages
  • All perils and specified perils coverage

Understanding Your Needs

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Understanding your needs is a crucial step in choosing the right auto insurance. You need to consider your individual circumstances, like your driving habits and vehicle type.

Daily commuting can affect your insurance costs, so if you drive to work every day, you may want to factor that into your budget. You might also want to consider the type of vehicle you drive, as a newer car may require more comprehensive coverage.

Your budget plays a significant role in determining the type of coverage you need. If you're on a tight budget, you might want to look into discounts that can help reduce your premiums.

Here are some key factors to consider when evaluating your needs:

  • Driving Habits: Commute daily, drive mainly on weekends, or have a young driver on your policy?
  • Vehicle Type: Is your car new or old? What is its value?
  • Coverage Needs: Do you require comprehensive coverage for a newer vehicle? Do you want optional extras like rental car reimbursement?
  • Budget: What is your budget for insurance? Consider your needs and the potential for discounts.

Car for All Needs

At RBC, they understand that everyone's needs are different, which is why they offer customized car insurance rates. This means you can choose the deductible that works best for you, and adjust it to lower or raise your premiums accordingly.

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You can get an online quote for all your personal vehicles, including cars, motorcycles, motorhomes, snowmobiles, and ATVs. This is convenient and easy to do, and you can even use their quote comparison tool to make sure you're getting the best value.

Liability coverage is a must-have, and RBC offers it as part of their standard package. This type of coverage will protect you and your family in the event of an accident.

Accident benefits coverage is also available, which will replace lost income and medical bills. This is a huge relief if you're unable to work due to an accident.

If you're worried about being hit by an uninsured or unidentified driver, RBC's uninsured motorist and automobile coverage has got you covered. This type of coverage will protect you and your family, and even cover damages to your vehicle.

You can also add the Family Protection Endorsement Supplement for additional support for your family. This is a great option if you have dependents who rely on you.

Here are the types of vehicles RBC offers insurance coverage for:

  • Cars, vans, trucks, and SUVs
  • Collectors and classic cars
  • Motorcycles
  • All-terrain vehicles (ATVs)
  • Snowmobiles
  • Motorhomes
  • Trailers
  • Boats

Key Features and Benefits

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RBC Auto Insurance offers a range of comprehensive coverage options, including competitive rates that can be tailored to your driving record, vehicle type, and location.

RBC's online platform and mobile app make managing your insurance policy a breeze, allowing you to make payments, review your coverage, file claims, and access 24/7 roadside assistance from your phone or computer.

With RBC, you can also take advantage of various discounts, such as safe driver discounts, multiple policy discounts, and loyalty discounts, which can help lower your premium further.

Here are some add-on plans you can consider to enhance your coverage:

  • Family protection endorsement supplement
  • Waiver of depreciation endorsement
  • Loss of vehicle use endorsement
  • Accident protection endorsement
  • Satellite program (includes services such as towing, flat tire service, and fuel delivery)

RBC's trusted reputation and long history in the insurance industry provide peace of mind, knowing you're insured by a reputable company.

More Protection for Assets and Family

RBC Insurance offers a range of add-on plans to fit your needs, including the family protection endorsement supplement.

This supplement provides additional coverage for your loved ones, giving you peace of mind.

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The waiver of depreciation endorsement covers the original value of your car for 24 months, so you won't lose value if your vehicle needs to be repaired or replaced.

You can also opt for loss of vehicle use endorsement, which covers the cost of using another mode of transportation while your vehicle is being repaired or replaced.

Accident protection endorsement works like an accident forgiveness plan, protecting your good driving record in case of an at-fault accident.

Here are some key features of RBC's add-on plans:

  • Family protection endorsement supplement
  • Waiver of depreciation endorsement (24 months)
  • Loss of vehicle use endorsement
  • Accident protection endorsement
  • Satellite program (4 service calls, 2 trip planning services per policy term)

Key Features

RBC Auto Insurance offers a range of coverage options, including comprehensive coverage.

Competitive rates are a hallmark of RBC, often based on factors like your driving record, vehicle type, and location. You can potentially lower your premium further with discounts like safe driver discounts, multiple policy discounts, and loyalty discounts.

Managing your insurance policy is easy with RBC's online platform and mobile app, which allows you to make payments, review your coverage, file claims, and even access 24/7 roadside assistance.

With a long history and a strong reputation for financial stability, RBC is a trusted name in the insurance industry, providing peace of mind knowing you're insured by a reputable company.

Here are some of the key features of RBC Auto Insurance:

  • Comprehensive Coverage
  • Competitive Rates
  • Convenient Access
  • Trusted Reputation

Discounts and Availability

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You can receive up to 15% off your car premium by bundling your auto insurance with either your home, condo or tenant insurance with RBC Insurance. This is a great way to save money on your car insurance.

Selecting an increased deductible is another way to discount your RBC car insurance. By choosing a higher deductible, you can lower your premium.

Having a claims-free history within a certain time period can also save you money on your RBC car insurance. Additionally, insuring multiple vehicles under the company and qualifying as an experienced driver can also qualify you for discounts.

RBC auto insurance is available in all Canadian provinces and territories with public car insurance, except for BC, Manitoba, and Saskatchewan. On the other hand, the insurer offers home insurance coverage Canada-wide.

Discounts

If you're looking to save some money on your car insurance, RBC Insurance has some great discounts to offer. You can receive up to 15% off your car premium when bundling your auto with either your home, condo or tenant insurance.

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Selecting an increased deductible is another way to lower your car insurance costs. This can save you a significant amount on your premiums.

Having a claims-free history within a certain time period can also get you a discount. I've heard from friends who've been with the same insurance company for years that this is a great way to save.

Here are some specific ways to qualify for discounts with RBC Insurance:

  • Selecting an increased deductible
  • Insuring multiple vehicles under the company
  • Having a claims-free history within a certain time period
  • Qualifying as an experienced driver

You can also get a discount by having a claims-free history within a certain time period or installing a security system at home.

Availability

RBC Insurance is available in many parts of Canada, but not everywhere.

RBC auto insurance is available in all Canadian provinces and territories with public car insurance.

You won't be able to get RBC auto insurance in BC, Manitoba, or Saskatchewan, however.

On the other hand, RBC offers home insurance coverage across the entire country.

Bank

RBC Insurance is a part of the Royal Bank of Canada, which means it's a bank that offers a wide range of insurance products.

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The bank's insurance division is known for its simplicity, making it easy for customers to understand their coverage and options.

RBC Insurance has a wide range of resources available to its customers, including information on its website and at its business locations. This makes it easy for customers to learn more about their insurance options and make informed decisions.

The bank's insurance solutions are comprehensive and include personal lines for home and auto, as well as commercial insurance that covers group life, health, and dental insurance.

Here are some of the key insurance products offered by RBC Insurance:

  • Personal lines for home and auto
  • Commercial insurance that includes group life, health, and dental insurance

Claims and Cancellation

RBC may cancel your auto insurance policy or deny coverage in certain situations, such as if you misrepresent information on your application or if your risk factors have changed substantially since you purchased the insurance.

If you miss a premium payment, RBC may also cancel your policy, so make sure to keep up with your payments.

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You can submit an auto or home insurance claim online via the RBC Insurance website or by calling the RBC Insurance phone number at 1-888-819-1445.

RBC may cancel your policy if you miss a premium payment, so it's essential to stay on top of your payments to avoid any issues.

Here are some common reasons why RBC may cancel your auto insurance policy:

  • If you misrepresent information on your application (about both yourself and/or your vehicle)
  • If your risk factors have changed substantially since you purchased the insurance
  • If you miss a premium payment

How to Submit a Claim

Submitting a claim can be a straightforward process. You can submit an auto or home insurance claim online via the RBC Insurance website.

If you prefer to speak with someone, you can call the RBC Insurance phone number at 1-888-819-1445.

That's all you need to know to get started.

Car Cancellation Inquiry

RBC may cancel your auto insurance policy if you misrepresent information on your application, such as about yourself or your vehicle.

If your risk factors have changed substantially since you purchased the insurance, RBC may also cancel your policy or deny coverage.

Missing a premium payment can also lead to cancellation of your auto insurance policy.

Here are some common reasons why RBC may cancel your auto insurance policy:

  • Providing false or incomplete information on your application
  • Changes in your risk factors since purchasing the policy
  • Missing a premium payment

Pros and Cons

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The Royal Bank of Canada (RBC) auto insurance has its advantages. RBC is a reliable and trusted brand.

One of the key benefits of choosing RBC auto insurance is the comprehensive coverage options available. This means you can customize your policy to fit your specific needs.

RBC offers competitive rates, which can help save you money on your insurance premiums. I've seen many people take advantage of this and lower their rates.

Convenient online and mobile access is another perk of RBC auto insurance. You can easily manage your policy and make payments from anywhere.

Discounts are available, which can further reduce your insurance costs. Be sure to ask about these when you're shopping for a policy.

Here are some of the key pros of RBC auto insurance:

  • Reliable and trusted brand
  • Comprehensive coverage options
  • Competitive rates
  • Convenient online and mobile access
  • Discounts available

Frequently Asked Questions

Is RBC Insurance Aviva?

RBC Insurance has partnered with Aviva General Insurance Company to provide coverage, but they remain separate entities. Your coverage is now underwritten by Aviva, with RBC advisors still available for advice.

Who is the underwriter for RBC Insurance?

RBC Insurance has multiple underwriters, including RBC Life Insurance Company and RBC Insurance Company of Canada, with Aviva General Insurance Company underwriting certain coverages in Quebec. The underwriter varies depending on the specific insurance product.

Teresa Halvorson

Senior Writer

Teresa Halvorson is a skilled writer with a passion for financial journalism. Her expertise lies in breaking down complex topics into engaging, easy-to-understand content. With a keen eye for detail, Teresa has successfully covered a range of article categories, including currency exchange rates and foreign exchange rates.

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