Auto insurance in P.E.I. is provided by more than 50 private companies.
Insurance Coverage in Pei
Compulsory minimum third-party liability
$200,000 is available for any one accident; however, if a claim involving both bodily injury and property damage reaches this figure, payment for property damage will be capped at $10,000
Medical payments
$25,000/person; four-year time limit
Funeral expense benefits
$1,000
Disability income benefits
Maximum $140/week; 104 weeks partial disability; lifetime for total disability; must be disabled for at least seven days to qualify; unpaid housekeeper $70/week, maximum 12 weeks
Death benefits
Death within 180 days after accident (or two years if continuously disabled prior to death); death of head of household $10,000, plus $1,000 to each dependent survivor after first; death of spouse $10,000; death of dependant $2,000
Impairment benefits
N/A
Administration
Private insurers
Right to sue for pain and suffering?
Yes
Right to sue for economic loss in excess of no-fault benefits?
Yes. Income replacement award above no-fault benefit is based on net income after deductions for income tax, Canada Pension and Employment Insurance. Injured person may sue for 70% of net income loss before trial, 100% of gross after trial; also for medical, rehabilitation and related costs when injury meets severity test for pain and suffering claims
Notes
None
