Policy Changes
Click on your policy type to learn more
- Commercial Auto
- Commercial Auto - Garage
- Personal Auto
- Personal Property
- Payment Plan
- Niche Specialty Property
- Difference in Conditions, Deductible Amounts and Limits of Insurance
- Commercial Property and Casualty - Crime
- Commercial Property and Casualty - Business Interruption
- Commercial Property and Casualty - Liability
- Commercial Property and Casualty - Property
Commercial Auto
SUMMARY OF KEY CHANGES FOR COMMERCIAL
VEHICLES – Newfoundland
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
deductible 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 value. The minimum deductible requirements are outlined
below:
·
If
your previous deductible was below $500 for all perils or collision, it is now
a minimum of $500 or more.
·
If
your previous deductible was below $250 for comprehensive or specified perils,
it is now a minimum of $250 or more.
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 |
|||||||||||||||
|
NL-SEF 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. NL-SEF 20 is
not available where the vehicle does not have all perils, collision,
comprehensive or specified perils coverage. |
|||||||||||||||
|
NL-SEF 27 –
Liability for Damage to Non-Owned Automobile(s) |
Your limits or deductible may have changed. Please review the
following chart to see your new limits and deductible:
NL-SEF 27 is
not available where the vehicle does not have all perils or collision and
comprehensive or collision and specified perils coverage. |
|||||||||||||||
|
NL-SEF 27B –
Business Operations - Liability for Damage to Non-Owned Automobile(s) |
Your limits may have changed for light commercial vehicles. Please
review the following chart to see your new limits and deductible:
This is no change for heavy commercial vehicles. |
|||||||||||||||
|
NL-SEF 39 –
Accident Rating Waiver |
Replaced with the Responsible Driver Guarantee endorsement for
commercial vehicles.
|
|||||||||||||||
|
NL-SEF 43R
/43R(L) – Limited Waiver of Depreciation |
NL-SEF 43R/43R
(L) endorsement is no longer available where the vehicle does not have all
perils or collision and comprehensive or collision and specified perils
coverage. |
|||||||||||||||
|
NL-SEF 44
Family Protection |
Your new
limit will be equal to the third party liability
limit unless otherwise specified in your policy documents. |
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
To learn about the changes, read here.
Personal Auto
Personal Auto - Newfoundland and Labrador
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.
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 |
$500 |
$500 |
$250 |
$250 |
|
|
$100 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$250 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$300 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$500 |
$0 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$0 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$0 |
$1,500 |
$1,500 |
$1,500 |
$1,500 |
|
|
$2,000 |
$0 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$2,500 |
$0 |
$2,000 |
$2,500 |
$2,500 |
$2,500 |
|
|
$3,000 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$3,500 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$4,000 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$4,500 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$5,000 |
$0 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
|
$7,500 |
$0 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
|
$10,000 |
$0 |
$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 |
|
|
|
NL-SEF 19 – Limitation of
Amount |
This coverage is not available
for private passenger vehicles, other than Classic vehicles. |
|
|
|
NL-SEF 19A – Agreed Value of Automobile |
This coverage is no longer
offered on private passenger vehicles, other than Classic and Antique
vehicles. |
|
|
|
NL-SEF 20 – Loss of Use |
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
- $10,000 |
$3,000 |
|
|
|
NL-SEF 27 –
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
- $100,000 |
$75,000 |
|
|
|
NL-SEF 35 – Emergency Service
Expense |
Replaced with the Roadside
Assistance endorsement. |
|
|
|
NL-SEF 43R/43R(L) –
Removing Depreciation Deduction - Owned Vehicles - 48
month option |
If your vehicle had coverage
for 48 months, it will continue to have this option
if the vehicle still qualifies. If the vehicle is older than 48 months,
this coverage will be removed. |
|
|
|
NL-SEF 44 – Family
Protection Including Supplement |
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. |
|
|
|
Shock 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. |
|
|
|
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. |
||
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 $1 million on your Antique
automobile, your policy will renew with this limit
set at $1 million. If you previously
had a third-party liability limit greater than $2 million on your Classic automobile,
your policy will renew with this limit set at $2
million. |
Deductible changes
Your deductible may have changed. Please review the
chart below to see your new deductible.
All Perils is not offered for Antique Risks - If
you had All Perils coverage it will be replaced with Collision and
Comprehensive coverage.
|
Your Previous Deductible |
Your New Deductible |
|
||||||
|
Direct Compensation /Property Damage |
All Perils for Classic Risks only |
Collision |
Comprehensive for Antique Risks |
Comprehensive for Classic Risks |
Specified Perils Antique Risks |
Specified Perils for Classic Risks |
||
|
$0 |
$0 |
$100 |
$100 |
$100 |
$100 |
$100 |
$250 |
|
|
$100 |
$0 |
$100 |
$100 |
$100 |
$100 |
$100 |
$250 |
|
|
$250 |
$0 |
$250 |
$250 |
$250 |
$250 |
$250 |
$250 |
|
|
$300 |
$0 |
$250 |
$250 |
$250 |
$250 |
$250 |
$250 |
|
|
$500 |
$0 |
$500 |
$500 |
$250 |
$500 |
$250 |
$500 |
|
|
$1,000 |
$0 |
$1,000 |
$1,000 |
$250 |
$1,000 |
$250 |
$1,000 |
|
|
$1,500 |
$0 |
$1,500 |
$1,500 |
$250 |
$1,500 |
$250 |
$1,500 |
|
|
$2,000 |
$0 |
$2,000 |
$2,000 |
$250 |
$2,000 |
$250 |
$2,000 |
|
|
$2,500 |
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
$3,500 |
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
$5,000 |
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
$6,000 |
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
$7,000 |
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
$8,000 |
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
$9,000 |
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
$10,000
|
$0 |
$2,500 |
$2,500 |
$250 |
$2,500 |
$250 |
$2,500 |
|
|
Endorsement |
Changes |
|
PE-SEF 19 – Limitation of
Amount |
Replaced with PE-SEF 19A –
Agreed Value of Automobile |
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 |
||
|
$50 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$100 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$250 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$300 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$500 |
$0 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$0 |
$1,000 |
$1,000 |
$500 |
$500 |
|
|
$2,000 |
$0 |
$1,000 |
$1,000 |
$2,000 |
$2,000 |
|
|
$2,500 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$5,000 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$7,500 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$10,000 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
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 $2,500. |
|
NL-SEF 20 - Loss of Use |
You will now have access to
this endorsement, as it was not previously available with RSA. This
endorsement is offered at no charge, but is subject
to eligibility criteria. Coverage for Transportation Replacement $50 per day
/ $1,200 per accident. |
|
NL-SEF 40 - Fire & Theft
Deductible |
A fire and theft deductible will now apply if your motorhome has
physical damage coverage. |
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.
All Perils is not offered for Trailer Risks. If
you had All Perils coverage it will be replaced with Collision and
Comprehensive coverage.
|
Your
Previous Deductible |
Your
New Deductible |
|||||
|
Direct Compensation/ |
See
above |
Collision |
Comprehensive |
Specified
Perils |
||
|
$50 |
$0 |
|
$250 |
$100 |
$100 |
|
|
$100 |
$0 |
|
$250 |
$100 |
$100 |
|
|
$250 |
$0 |
|
$250 |
$100 |
$100 |
|
|
$300 |
$0 |
|
$250 |
$100 |
$100 |
|
|
$500 |
$0 |
|
$250 |
$100 |
$100 |
|
|
$1,000 |
$0 |
|
$250 |
$100 |
$100 |
|
|
$2,000 |
$0 |
|
$250 |
$100 |
$100 |
|
|
$2,500 |
$0 |
|
$250 |
$100 |
$100 |
|
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 |
||
|
$50 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$100 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$250 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$300 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$500 |
$0 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$0 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$0 |
$1,500 |
$1,500 |
$1,500 |
$1,500 |
|
|
$2,000 |
$0 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
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 |
$500 |
$500 |
$250 |
$250 |
|
|
$100 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$250 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$300 |
$0 |
$500 |
$500 |
$250 |
$250 |
|
|
$500 |
$0 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$0 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$0 |
$1,500 |
$1,500 |
$1,500 |
$1,500 |
|
|
$2,000 |
$0 |
$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 |
||
|
$50 |
$0 |
$100 |
$100 |
$100 |
$100 |
|
|
$100 |
$0 |
$100 |
$100 |
$100 |
$100 |
|
|
$250 |
$0 |
$250 |
$250 |
$250 |
$250 |
|
|
$300 |
$0 |
$250 |
$250 |
$250 |
$250 |
|
|
$500 |
$0 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$0 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$0 |
$1,500 |
$1,500 |
$1,000 |
$1,000 |
|
|
$2,000 |
$0 |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
$2,500 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$3,000 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$3,500 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$4,000 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$4,500 |
$0 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
|
$5,000 |
$0 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
|
$7,500 |
$0 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
|
$10,000 |
$0 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
Personal Property
To learn about the personal property changes, read here.
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.
Niche Specialty Property
Difference in Conditions, Deductible Amounts and Limits of Insurance
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.
Commercial Property and Casualty - Business Interruption
To learn about changes to your commercial policy, read here.
Commercial Property and Casualty - Liability
To learn about changes to your commercial policy, read here.
Commercial Property and Casualty - Property
To learn about changes to your commercial policy, read here.