Great additional features that come standard with your automobile insurance policy from Munn Insurance:
“I am incredibly impressed with Munn. The person I spoke with really cared about my needs and didn’t brush me off as some competitors try to do.”
“Lisa is the bomb. We are in Ontario and she made it so easy for us. Thanks Lisa at Munn Insurance.”
“I thought it would be difficult to switch from my current insurer – but my new policy was easy to set up! Plus I saved on my car and home insurance.”
“All I can say is THANKS! I switched after 10 years and saved a lot of money.”
“Great service and saved me $600 a year. I highly recommend!”
“Great place to deal with. Very happy with the service!”
“The best insurance company. Lower rates than other insurance companies. Always someone available to discuss your concerns. I always and most definitely recommend to others. Sincere thanks.”
“I am very pleased with the customer service I received from Munn – they really do care.”
“Very impressed with Munn Insurance. The people who work there are amazing!”
“Great customer experience with Munn Insurance!”
“Excellent claims service!”
“It was great to deal with Munn after my accident. They made sure I was looked after.”
“I bought a group policy from Munn and saved over $350 a year!”
“Great service!”
“Prior to switching, I heard great things. Now knowing more about the company and its customer service obsession. I Understand why it’s so great.”
“I’m very happy with my policy and the service. Munn gave me the best coverage for the best price. Switching from my old company was easy and simple.”
“I switched my insurance last year and I am extremely happy with the service provided by Munn Insurance.”
Great additional features that come standard with your automobile insurance policy from Munn Insurance:
In Newfoundland and Labrador, auto insurance is available from a wide array of private companies who compete with one another to allow consumers to shop around for a better rate. As an independent broker, Munn Insurance can provide you with quotes from up to eight insurance companies. By calling Munn, or going online for a quote, customers in Newfoundland can easily compare car insurance rates and find the best car insurance and save on their auto insurance premiums.
Aviva – Traders | $90 |
Travellers | $94 |
Aviva – S&Y | $110 |
Intact | $132 |
Price range of $499 |
---|
Aviva – Traders | $76 |
Travelers | $84 |
Aviva – S&Y | $96 |
Intact | $120 |
Price range of $516 |
---|
Aviva – Traders | $76 |
Travelers | $86 |
Aviva – S&Y | $96 |
Intact | $119 |
Price range of $513 |
---|
Aviva – Traders | $120 |
Travelers | $123 |
Aviva – S&Y | $150 |
Intact | $152 |
Price range of $384 |
---|
Travelers | $108 |
Aviva – Traders | $118 |
Intact | $139 |
Aviva – S&Y | $147 |
Price range of $474 |
---|
We work for you – that’s what an insurance broker does. We shop the market on your behalf, so Munn insurance can offer you the most access to the best discounts from our insurance partners.
With Munn Insurance, home and auto policies are better together. It means extra savings and additional coverage. So combine them both and receive a discount on both. That’s like a double discount!
Combining also gives you the extra convenience of aligned renewal rates and less paperwork.
You can combine your auto policy with any Munn Insurance home policy for the following dwelling types:
We recognize the value groups provide to Newfoundland communities. First Responders, Health Care Professionals, Alumni Associations, Educators and Instructors all play a vital role in helping others across the Island. They give so much, and we’re happy to give back. Munn Insurance Preferred Groups in Newfoundland are able to take advantage of special discounts and many extra-valuable benefits.
Newfoundlanders love their leisure time and their leisure vehicles. MyRide Leisure Insurance from Munn Insurance is the most competitive, comprehensive leisure vehicle insurance available in Newfoundland. Whether it’s your ATV, motorhome, motorcycle – or any of your leisure vehicles – A Munn policy offers more protection and value than any other program you’ll find.
Newfoundland and Labrador drivers must be in possession of legally determined minimum insurance coverage to drive on our roads. These minimum limits have been enacted to ensure drivers are financially responsible if an at-fault accident occurs.
Current limits for auto insurance in Newfoundland are:
Newfoundland drivers are not required to carry accident benefits coverage, although most do choose to buy this coverage, which includes coverage for medical payments, disability coverage, and death benefits coverage. This type of insurance is mandatory in other provinces. Many drivers in Newfoundland also opt to increase their liability coverage to limit risk and financial exposure.
There are also other optional coverages that can be purchased. These include comprehensive and collision coverage to protect in the event of an at-fault accident or non-accident scenario such as theft.
In Newfoundland and Labrador, individual insurers set auto insurance rates, which are then regulated and approved by the Newfoundland and Labrador Board of Commissioners of Public Utilities. Among the top factors that go into determining your rate are your driving record including tickets or at-fault accidents, the value of the car you drive as well as the make and model, and your driving habits including the length of your daily commute.
Auto insurance rates in Newfoundland and Labrador are determined by a variety of factors:
The 2004 auto insurance reform prevents auto insurance companies from denying coverage or increasing rates solely on the basis of any of these factors:
Newfoundland and Labrador auto insurance premiums fall in the lower half of the national rate spectrum.
Source: Insurance Bureau of Canada, 2017 and 2016 for Quebec
Auto insurance rates in Newfoundland and Labrador are on the lower side of the spectrum thanks, in large part, to the reforms enacted by the government in 2004. These auto insurance reforms helped reduce rates across the province. But according to the Insurance Bureau of Canada, additional reforms are necessary to maintain rate stability. Problems that allow for large pain and suffering awards for relatively minor injuries continue to exist in the province’s auto insurance system.
There are many ways to get cheap auto insurance in Newfoundland and Labrador:
Yes. The law requires motorists to carry insurance on their vehicle.
If you’re convicted of driving without insurance in Newfoundland and Labrador, you’ll have to pay a fine that ranges from $2,000 to $4,000 for your first offence. The fine increases to a range of $3,000 to $5,000 for second and subsequent offences. And there are other penalties that may accompany your fine. If you’re charged for driving without insurance in Newfoundland and Labrador, you may also have your driver’s license suspended and your vehicle impounded for 90 days.
Newfoundland and Labrador operates under the tort system. This lets you sue an at-fault driver for your pain and suffering, wage losses, and other damages related to an accident.
In Newfoundland, the adjusters for the insurance companies involved in the claim will determine who is at fault. Each insurance company uses its own guidelines to come up with a fault determination.
Newfoundland is unusual in Canada in that it has no type of no-fault benefits. The insurance company for the at-fault driver is responsible for paying out on damages to the other driver’s vehicle as well as for injuries. Accident benefits are not a mandatory coverage in Newfoundland but are available to drivers who choose to add them to their insurance policy.
The handling of claims is governed by insurance regulations; the 2004 reforms helped to reduce the cost of lawsuits, but drivers can still be sued for pain and suffering.
Back in April, the Government of Newfoundland and Labrador decided to eliminate the remaining tax on auto insurance. They gave the insurance companies (Aviva, Travelers, Intact, etc.) until the end of September to get it all sorted. So now people are wondering when they can expect their tax rebate.
Here are 9 things you need to know about the tax rebate on automobile insurance; including when you can expect to receive your rebate and how this is being done:
If you would like more information on the elimination of the tax on auto insurance, or if you have any questions on your home or auto insurance, please contact Munn Insurance today toll-free at 1-855-726-8627.
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