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Jun 16, 2022 · What is comprehensive insurance and what does it cover? Part of the no-fault auto insurance system, direct compensation property damage (DCPD) is a mandatory component of car policies in Ontario ...
Nov 2, 2023 · Direct Compensation Property Damage (sometimes Direct Compensation for Property Damage) is a form of car insurance coverage in several Canadian provinces. It’s almost always shortened to “DCPD.”. In Quebec it’s known as the Direct Compensation Agreement. DCPD covers repairs to the insured vehicle under certain circumstances, and it’s ...
Aug 24, 2021 · 3 types of car buying services in Canada. 1. Car concierge. Car concierges are car buying services that provide an agent to shop and negotiate on your behalf. You just need to specify what type of car you want and your car concierge will handle the sale from start to finish. How it works.
Oct 22, 2021 · If you want to drive, by law, you need insurance. If you want affordable car insurance, it pays to know how an automobile insurance application works. In February of 2020, CBC reported that Ontario car insurance rates increased by as much as 11% in one year. If you don’t compare insurance quotes, you could be missing out on hundreds of ...
Mar 22, 2022 · With the standard minimum of $200,000 in third-party car insurance mandated by most provinces, many insurance companies offer coverage on third-party damages and injuries while operating a rental car.
Dec 8, 2023 · Direct Compensation Property Damage (DCPD) is a form of car insurance. It includes all basic auto policies, third party liability, and accident benefits. Direct compensation also refers to the way your claims are paid out. In Ontario, for all non-at-fault accidents, you will be compensated directly by your insurer.
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Sep 4, 2018 · If you are in a car accident where the other driver is at fault, DCPD ensures that you will be compensated directly through your own insurance company. This means you don’t have to wait on the other driver’s insurance company for a determination. You also won’t have to sue the other driver for damages. You will deal with your own ...
