If you’re in the market for a new car insurance policy, you’ve probably come across Manulife. Manulife is a reputable insurance provider that has been around for over 130 years. They offer auto insurance coverage to Canadians through two of their subsidiaries – Manulife Assurance Company and Manulife Insurance Company. With Manulife, you can expect affordable rates, flexible coverage options, and excellent customer service. But before you sign on the dotted line, it’s important to understand the ins and outs of their policies. In this article, we’ll go over everything you need to know about Manulife car insurance so you can make an informed decision about your coverage.
The Benefits of Manulife Car Insurance
Manulife car insurance is one of the most popular policy providers in the Canadian market. With over 138 years of experience in the industry, Manulife has established itself as a trustworthy and reliable insurance company. In this section, we will delve deeper into the benefits of Manulife car insurance, which makes it stand out in the market.
1. Tailor-made policies
Manulife’s car insurance policies are customized to meet the specific needs of each individual customer. They understand that every driver is different, and that’s why they offer a wide range of car insurance policies with customized terms and rates.
2. Roadside assistance
Manulife’s car insurance policyholders are entitled to 24/7 roadside assistance anywhere in Canada and the US. This service includes towing, battery boosts, fuel delivery, and lockout services.
3. Multiple policy discounts
If you have multiple policies with Manulife, such as home or life insurance, you can receive a discount on your car insurance policy. This can help to reduce your overall insurance costs.
4. Accident forgiveness
Manulife’s accident forgiveness program ensures that your car insurance rates won’t increase after your first at-fault accident. This can help you save money in the long run.
5. Loss of use coverage
In the event of an accident, Manulife’s loss of use coverage can help you pay for alternative transportation expenses while your car is being repaired.
6. Comprehensive coverage
Manulife’s comprehensive coverage is designed to protect you against a wide range of risks, including theft, vandalism, and damage caused by natural disasters.
7. Uninsured motorist coverage
Manulife’s uninsured motorist coverage can protect you from financial losses if you’re involved in an accident with an uninsured driver.
8. Easy claims process
Manulife’s claims process is straightforward and hassle-free. They have a team that is available 24/7 to handle your claims and provide you with the support you need throughout the process.
9. Good driving discounts
If you’re a safe driver, Manulife rewards you with good driving discounts that can help lower your car insurance rates.
10. Competitive rates
Manulife’s car insurance rates are competitive and affordable, making it easy for you to find a policy that fits your budget while providing you with the coverage you need.
In conclusion, Manulife car insurance is an excellent choice for anyone looking for customized policies, comprehensive coverage, competitive rates, and excellent customer service. They offer a range of benefits that make them stand out in the market and provide peace of mind to their policyholders.
Factors to Consider When Choosing Manulife Car Insurance
Car insurance is a mandatory requirement for all drivers in Canada. As you shop for car insurance, you’ll come across several providers who offer different policies. Manulife is one such provider, and in this section, we will look at some of the factors to consider when choosing Manulife car insurance.
The Type of Coverage
One of the first things to consider when choosing car insurance from Manulife is the type of coverage you need. The provider offers different types of coverage, including liability, comprehensive, collision, and accident benefits coverage. Ensure that you understand the different types of car insurance available and choose the one that best suits your needs.
Your Budget
Car insurance can be expensive, and you must consider your budget when choosing a policy. Manulife offers affordable car insurance, but it’s essential to get a quote and compare rates with other providers. You may also qualify for discounts that could lower your premiums.
Customer Service
When choosing a car insurance provider, you want to ensure that you’ll get excellent customer service when you need it. Manulife has a reputation for excellent customer service, and this can give you peace of mind knowing that you’ll be well taken care of.
Claims Process
Another important factor to consider when choosing Manulife car insurance is the claims process. Make sure you understand the claims process and what you need to do in case of an accident. Manulife offers fast and efficient claims processing, which can save you time and stress.
Policy Terms and Conditions
Before choosing car insurance from Manulife, ensure that you read and understand the policy’s terms and conditions. This will help avoid surprises down the road and ensure that you know what is covered and what is not.
Discounts and Rewards
Manulife offers several discounts and rewards for safe drivers and those who bundle policies. Ensure that you ask about the discounts available and take advantage of them to lower your premiums.
Financial Stability
When choosing a car insurance provider, you want to ensure that they are financially stable and can pay out claims when needed. Manulife is a well-established company with a solid reputation for financial stability and reliability.
Online Account Management
One of the benefits of choosing Manulife car insurance is the ability to manage your account online. This means that you can view your policy, make changes, and pay bills online from anywhere, making it more convenient than traditional methods.
Policy Flexibility
Manulife offers policy flexibility, which means that you can customize your policy to suit your needs. This includes choosing the coverage level, deductibles, and other policy features that are important to you.
Insurance Advisor Assistance
If you’re unsure about which car insurance policy to choose, Manulife has insurance advisors who can help. The advisors can answer any questions you may have, provide guidance, and help you choose a policy that best suits your needs and budget.
Manulife Car Insurance Coverage Options
When it comes to car insurance, there are several coverage choices to make. Manulife offers a range of options to their customers. Below are some of the coverage options available to Manulife car insurance holders:
| Coverage | Description |
|---|---|
| Collision | This coverage will help pay for damages to your vehicle after you’ve been in an accident. |
| Comprehensive | This coverage pays to repair or replace your car in non-collision incidents such as theft, fire, vandalism, or natural disasters. |
| Liability | This coverage is mandatory in Canada, and it covers damages you cause to someone else’s vehicle or property. |
| Accident Benefits | This coverage is there to protect you if you or your passengers are injured in an accident. It will help pay for medical expenses like hospital fees, chiropractic treatments, and other expenses related to the accident. |
| Loss of Use | This coverage pays for the cost of a rental car if your car is undergoing repair due to a covered claim. |