Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Where does an Ontario Automobile policy provide coverage for accidents?

1. Only in Ontario

2. In Canada, the USA, and on a vessel between these two countries

3. Worldwide excluding U.S.A.

4. Only in Canada and the United States

The correct answer is: In Canada, the USA, and on a vessel between these two countries

The correct answer highlights that an Ontario automobile policy provides coverage not only in Ontario but also in Canada, the USA, and on a vessel between these two countries. This coverage is designed to ensure that policyholders are protected while driving across borders, which is particularly important for those who travel frequently between Canada and the United States. This arrangement reflects the interconnectedness of both countries, allowing for a seamless experience for motorists who may encounter incidents while traveling in the vicinity of the border. It also considers scenarios where vehicles are transported by water between these locations, which enhances the overall protection offered to policyholders. The choices that refer to more limited geographic coverage do not align with the comprehensive nature of the insurance policy, which aims to provide broader protection for drivers. Hence, the answer encompasses the wide range of coverage that an Ontario automobile policy offers to ensure safety and security for drivers in various counties.