Do You Know Your Optional Benefits? -You may purchase a variety of optional accident benefits (Ontario, Canada) which build on the basic accident benefits levels. These optional benefits follow You, the insured, rather than the insured vehicle.
Income Replacement
Your basic policy provides up to $400/week (after 7 day wait) for an injury resulting from an automobile accident which prevents you from working at your usual occupation. This benefit is based on 80% of net income. You may increase this to limits of $600, $800, or $1,000/week .
Death & Funeral Benefits
Your basic policy provides $25,000 death benefits to a surviving spouse and $10,000 to each surviving dependent. You may increase this to $50,000 death benefit to a surviving spouse and $20,000 to each surviving dependent. Your basic policy provides $6,000 funeral benefit. You may increase this to $8,000
Medical, Rehabilitation & Attendant Care Benefits
Your basic policy provides up to $1,000,000 for catastrophic injuries (e.g. serious brain injury) and $100,000 for non catastrophic injuries for medical and rehabilitation expenses (in addition to those covered by O.H.I.P.). Your policy also provides up to $1,000,000 for catastrophic injuries for attendant care expenses (up to $6,000/month) and $72,000 for non catastrophic injuries (up to $3,000/month). You may increase this benefit by $1,000,000 beyond the basic limits.
Caregiver & Dependent Care Benefits
Your basic policy provides benefits for caregivers who are unpaid (e.g. stay-at-home parents) who are basically unable to engage in caregiving after an automobile accident. You may be reimbursed for expenses up to $250/week, plus $50/week for each additional dependent. You may increase this to
$325/week, $75/week for each additional dependent. In addition, this option provides a dependent care benefit to cover the expenses incurred by employed persons to replace the care which you have been providing to your dependents. This benefit is up to $75/week for one dependent and $25/week for each additional dependent to a maximum of $150/week.
Indexation
You may purchase an additional option to index your benefits to the cost of living. (If the cost of living goes up from the time of the accident, the benefits and limits do likewise).
Please note-------innocent victims of vehicle accidents may sue an "at fault" party for pain and suffering, and loss of income and future earnings when the accident benefits under your own policy are insufficient. Please consult your broker for the extra cost for optional benefits coverage. In addition, it would be wise to check to see if your employer has benefits provided as part of employment and what benefits you would receive. This allows you the ability to protect yourself and your family by assessing the overall situation and making a wise decision.
"Usual suspects" top the most - stolen list
Data from the 1198 National Insurance Crime Bureau
shows that the Japanese cars are the most popular among American thieves. But.......... American cars are creeping Top 10 Vehicles stolen in 1998
Up on the Top 10 most-stolen vehicle list, the Honda Accord has retained the dubious ward of "most popular car among thieves" in 1998.
2. Toyota Camry American vehicles make up 60 percent of the Top 10 list.
3. Chevrolet full size pickup (C/K)
4. Jeep Cherokee/Grand Cherokee pickups and SUV’s.
5. Honda Civic
6. Oldsmobile Cutlass
7. Ford full size pickup (F series)
8. Ford Mustang
9. Dodge Caravan
10. Toyota Corolla
It appears that vehicle thieves follow market trends and target the most popular vehicles because they provide the best market for stolen vehicle parts or are shipped to foreign countries illegally because of demand. It appears auto thieves follow the "money" created by demand and just don’t steal easy targets.
P.S.-----Remember this point----- The cost of stolen vehicles and the money spent by insurance companies helps determine the actual cost you pay for the comprehensive section of your vehicle insurance policy.
The less spent ................the less the cost of the insurance you would pay.