Policy Changes
Commercial Auto
SUMMARY OF KEY CHANGES FOR COMMERCIAL
VEHICLES – Ontario
We
previously shared with you that Royal & Sun Alliance Insurance
Company of Canada (“RSA”) was acquired by Intact Financial
Corporation. As a result, your RSA
insurance policy is being transferred to Intact
Insurance Company (“Intact Insurance”) on your policy‘s renewal date.
As part of the transition to Intact Insurance, certain coverages on your
existing policy may have been reduced/removed or enhanced/increased. The main
coverage changes are listed below; please read the content carefully.
This is only a summary of the changes that may impact your coverage. Please
refer to your insurance policy which provides the full details of your
coverage, including a full list of conditions and exclusions. If you have
questions about your policy or these changes, please contact your broker.
Deductible changes
Your deductibles may have changed. If the deductible you had previously
at RSA is not available at Intact Insurance, it has been changed to the next
lowest available. Deductibles are based upon vehicle weight and value with
minimum requirements.
For Light Commercial Vehicles
·
If your previous deductible was below $500
for all perils or collision, it is now a minimum of $500.
·
If your previous deductible was below $300
for comprehensive or specified perils, it is now a minimum of $300.
For Heavy Commercial Vehicles
·
If your previous deductible was below $1,000
for all perils, collision, comprehensive or specified perils, it is now a
minimum of $1,000.
·
For heavy commercial vehicles,
List Price New (LPN) is also used to determine minimum deductible requirements.
LPN is the Manufacturer's Suggested Retail Price (MSRP) at the time of
purchasing a new vehicle, excluding tax. It also includes the installed cost of
any permanently attached equipment.
o
Vehicles with an LPN
greater than $100,000 will have a deductible equal to 5% of the LPN – excluding
rating Class 61, 62, 63, 64 units.
o
Rating class 61, 62,
63, 64 with an LPN of $100,000 up to $200,000 a minimum deductible of $5,000
applies.
o Vehicles with an LPN greater than $200,000 will
have a deductible equal to 5% of the LPN.
Endorsements
The following endorsements have seen changes
in coverage, limits, deductibles or have been removed. Please review to see how
your policy may have been affected.
|
Endorsement |
Changes |
||||||||||||||||||
|
OPCF 8 – Property Damage Reimbursement |
If a snow plough is attached to
your vehicle, the OPCF 8 will be applied to the vehicle with a minimum $500
reimbursement limit. |
||||||||||||||||||
|
OPCF 20 – Coverage for Transportation Replacement |
Your limits may have changed. Please review the
following chart to see your new limits:
Daily limit no longer applies. OPCF 20 is not available where the
vehicle does not have all perils, collision, comprehensive or specified
perils coverage. |
||||||||||||||||||
|
OPCF 27 – Liability for Damage to Non-Owned
Automobile(s), and Other Coverages When Insured Persons Drive, Rent or Lease
Other Automobiles |
Your limits or deductible may
have changed. Please review the following chart to see your new limits:
OPCF 27 is not available where the
vehicle does not have all perils or collision and comprehensive or collision
and specified perils coverage. |
||||||||||||||||||
|
OPCF 27B – Business Operations - Liability for Damage
to Non-Owned Automobile(s) |
Your
limits may have changed. Please review the following chart to see your new
limits:
|
||||||||||||||||||
|
OPCF 40 – Fire Deductible |
If a light commercial vehicle has two or more fire
claims in the past three years, the OPCF 40 will be applied to the vehicle. |
||||||||||||||||||
|
OPCF 44 – Family Protection |
Your new limit will be equal to the third
party liability limit unless otherwise specified in your policy
documents. |
||||||||||||||||||
|
Claims Protection Plan |
Replaced
with the Responsible Driver
Guarantee endorsement for commercial vehicles. |
||||||||||||||||||
|
|
Coverages under this package are now
provided as individual endorsements:
|
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|
Elite Protection Plan Plus |
Coverages under this package are
now provided as individual endorsements:
|
Higher limits may be available on Fleet rated
policies. For more information about these changes or additional benefits that
may be available to you, please contact your broker.
Commercial Auto Garage
Personal Auto
Summary of Key Changes for Private Passenger Vehicles
Deductible changes
Your deductible may
have changed. Please review the chart below to see your new deductible.
|
Your Previous Deductible |
Your New Deductible |
||||
|
Direct Compensation/ |
All Perils |
Collision |
Comprehensive |
Specified Perils |
|
|
$50 |
$0 |
$300 |
$300 |
$300 |
$300 |
|
$100 |
$0 |
$300 |
$300 |
$300 |
$300 |
|
$250 |
$0 |
$300 |
$300 |
$300 |
$300 |
|
$300 |
$300 |
$300 |
$300 |
$300 |
$300 |
|
$500 |
$500 |
$500 |
$500 |
$500 |
$500 |
|
$1,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
$1,500 |
$500 |
$1,500 |
$1,500 |
$1,500 |
$1,500 |
|
$2,000 |
$500 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
$2,500 |
$500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
$3,000 |
$500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
$3,500 |
$500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
$4,000 |
$500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
$4,500 |
$500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
$5,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$6,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$7,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$8,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$9,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$10,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
Endorsements
The following
endorsements have seen changes in coverage or in limits or have been removed.
Please review to see how your policy may have been affected.
|
Endorsement |
Changes |
|
|
OPCF 19 –Limiting
the Amount Paid for Loss or Damage Coverages |
This coverage is
not available for private passenger vehicles. |
|
|
OPCF 19A – Agreed
Value of Automobile |
This coverage is no
longer offered on private passenger vehicles. |
|
|
OPCF 20 – Coverage
for Transportation Replacement |
Your limits may
have changed. Please review the following chart to see your new limits: |
|
|
Previous limit |
New limit |
|
|
$1,000 or less |
$1,000 |
|
|
$1,001 - $1,500 |
$1,500 |
|
|
$1,501 - $3,000 |
$3,000 |
|
|
$3,001 - $10,000 |
$5,000 |
|
|
OPCF27 – Legal
Liability for Damage to Non-Owned Automobiles |
Your limits may
have changed. Please review the following chart to see your new limits:
|
|
|
Previous limit |
New limit |
|
|
$75,000 or less |
$75,000 |
|
|
$75,001 - $100,000 |
$100,000 |
|
|
OPCF 35 – Emergency
Service Expense |
Replaced with the
Roadside Assistance endorsement. |
|
|
OPCF 44R – Family
Protection |
If you had this
endorsement on your policy and the limits differ from the Third Party Liability Limit, your renewal will match the
Third Party Liability limits. |
|
|
Claims Protection
Waiver |
This coverage will
be replaced with the Responsible Driver Guarantee, if you qualify. This
coverage is not available for occasional operators and will be removed.
|
|
|
PCF 5 CS –
Permission to Rent or Lease the Vehicle for Carsharing |
This endorsement
will be removed, as this coverage is automatically provided under your
Intact Insurance automobile policy. |
|
|
PCF 6 – Permission
to Drive for a Transportation Network Company with Insurance Car |
This endorsement
will be removed, as this coverage is automatically provided under your
Intact Insurance automobile policy. |
|
Summary of Key Changes for Antique and Classic Vehicles
|
Previous Policy |
Changes |
|
Third Party
Liability limit |
If you previously
had a third party liability limit greater than $2
million, your policy will renew with a $2 million limit. |
Deductible changes
Your deductible may
have changed. Please review the chart below to see your new deductible.
|
Your Previous Deductible |
Your New Deductible |
|||||
|
Direct Compensation/ Property Damage |
All Perils |
Collision |
Comprehensive |
Specified Perils |
||
|
$0 |
$0 |
$300 |
$300 |
$100 |
$100 |
|
|
$100 |
$0 |
$300 |
$300 |
$100 |
$100 |
|
|
$300 |
$300 |
$300 |
$300 |
$300 |
$300 |
|
|
$500 |
$500 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$2,500 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$3,500 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$5,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$6,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$7,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$8,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$9,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$10,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
Endorsement |
Changes. |
|
OPCF 19 – Limiting
the Amount Paid for Loss or Damage Coverages |
Replaced with OPCF
19A – Agreed Value of Automobile (Antique vehicles only) |
Summary of Key Changes for Motorhomes
Deductible changes
Your deductible may
have changed. Please review the chart below to see your new deductible.
|
Your Previous Deductible |
Your New Deductible |
|||||
|
Direct Compensation/Property Damage |
All Perils |
Collision |
Comprehensive |
Specified Perils |
||
|
$0 |
$0 |
N/A |
N/A |
N/A |
N/A |
|
|
$100 |
$0 |
$100 |
$100 |
$100 |
$100 |
|
|
$200 |
$0 |
$100 |
$100 |
$100 |
$100 |
|
|
$300 |
$300 |
$300 |
$300 |
$300 |
$300 |
|
|
$500 |
$500 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$2,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$2,500 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$3,500 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$5,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$6,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$7,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$8,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$9,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$10,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
Previous policy |
Changes |
|
Physical damage
deductible for motorhomes valued over $50,000 |
If you previously
had a physical damage deductible other than $1,000, your new deductible is
$1,000 |
|
OPCF 20 –
Transportation Replacement |
You will now have
access to this endorsement, as it was not previously available at RSA. This
endorsement is offered at no charge but is subject to eligibility criteria |
|
OPCF 40 – Fire
Deductible |
A fire deductible
will now apply if the motorhome has physical damage coverage |
|
Coverage |
Changes |
|
Third Party
Liability limit |
If you previously
had a third-party liability limit greater than $2 million, your policy will
renew with this limit set at $2 million. |
Summary of Key Changes for Trailers and Camper Units
Deductible changes
Your deductible may
have changed. Please review the chart below to see your new deductible.
|
Your Previous Deductible |
Your New Deductible |
|||||||
|
Direct Compensation/ |
All Perils |
Collision |
Comprehensive |
Specified Perils |
||||
|
$0 |
$0 |
N/A |
N/A |
N/A |
N/A |
|||
|
$100 |
$0 |
$100 |
$100 |
$100 |
$100 |
|||
|
$200 |
$0 |
$100 |
$100 |
$100 |
$100 |
|||
|
$300 |
$300 |
$300 |
$300 |
$300 |
$300 |
|||
|
$500 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$1,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$1,500 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$2,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$2,500 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$3,500 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$5,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$6,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$7,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$8,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$9,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
$10,000 |
$500 |
$500 |
$500 |
$500 |
$500 |
|||
|
||||||||
Summary of
Key Changes for Snowmobiles
Deductible changes
Your deductible may have
changed. Please review the chart below to see your new deductible.
|
Your
Previous Deductible |
Your
New Deductible |
||||
|
|
Direct
Compensation/ Property
Damage |
All
Perils |
Collision |
Comprehensive |
Specified
Perils |
|
$0
|
$0 |
N/A |
N/A |
N/A |
N/A |
|
$100
|
$0 |
N/A |
N/A |
N/A |
N/A |
|
$200
|
$0 |
N/A |
N/A |
N/A |
N/A |
|
$300
|
$300
|
$300
|
$300
|
$300
|
$300
|
|
$500
|
$500
|
$500
|
$500
|
$500
|
$500
|
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
|
$1,500
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
|
$2,500
or higher |
$2,000
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
Key Changes
for ATVs
Deductible changes
Your deductible may have
changed. Please review the chart below to see your new deductible.
|
Your
Previous Deductible |
Your
New Deductible |
|||||
|
|
Direct
Compensation/ Property
Damage |
All
Perils |
Collision |
Comprehensive |
Specified
Perils |
|
|
$0
|
$0 |
N/A |
N/A |
N/A |
N/A |
|
|
$100
|
$0 |
N/A |
N/A |
N/A |
N/A |
|
|
$200
|
$0 |
N/A |
N/A |
N/A |
N/A |
|
|
$300
|
$300
|
$300
|
$300
|
$300
|
$300
|
|
|
$500
|
$500
|
$500
|
$500
|
$500
|
$500
|
|
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
|
|
$1,500
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
$1,000
|
|
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
|
|
$2,500
or higher |
$2,000
|
$2,000
|
$2,000
|
$2,000
|
$2,000
|
|
Summary of Key Changes for Motorcycles
Deductible changes
Your deductible may
have changed. Please review the chart below to see your new deductible.
|
Your Previous Deductible |
Your New Deductible |
||||||
|
Direct Compensation/ |
All Perils |
Collision |
Comprehensive |
Specified Perils |
|||
|
$0 |
$0 |
$300 |
$300 |
$300 |
$300 |
||
|
$100 |
$0 |
$300 |
$300 |
$300 |
$300 |
||
|
$300 |
$300 |
$300 |
$300 |
$300 |
$300 |
||
|
$500 |
$500 |
$500 |
$500 |
$500 |
$500 |
||
|
$1,000 |
$500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
||
|
$1,500 |
$500 |
$1,500 |
$1,500 |
$1,500 |
$1,500 |
||
|
$2,000 |
$500 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
||
|
$2,500 |
$500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
||
|
$3,500 |
$500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
||
|
$5,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
||
|
$6,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
||
|
$7,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
||
|
$8,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
||
|
$9,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
||
|
$10,000 |
$500 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
||
|
|||||||
Personal Property
To read the summary of key changes for your Personal Property changes, please download the PDF guide. If you have questions about your policy or these changes, please contact your broker.
Payment Plan
As part of the transition to Intact Insurance, your payment plan may be changing. Please review the table below and consult your statement of account, enclosed in your insurance policy package, to see which, if any, of the payment plan changes apply to you.
If you have questions, please call 1-855-388-5502 or contact your broker to discuss payment plan options.
Difference in Conditions, Deductible Amounts and Limits of Insurance
Niche Specialty Property
To learn about changes to your commercial policy, read here.
Commercial Property and Casualty - Crime
To learn about changes to your commercial policy, read here.