3) Steve just traded in his old car for a new Tesla. To help him pay off the monthly car loan, insurance premiums and gas, he is looking to be a driver for Uber as a night gig, after his full-time day job. He is 24 years old, and is a night owl, and thinks this is better use of his time than staying up late playing video games. As a resident of Québec, which statement(s) are true?
I) When driving your car on the road, you are always required to have your private insurance certificate, your driver's licence and your car registration certificate with you.
II) Québec law requires that all vehicle owners hold a civil liability insurance policy of at least $50,000. This mandatory basic insurance covers property damage you may cause to others.
III) All Québecers are covered by Québec's public automobile insurance plan.
IV) Québec's automobile insurance plan is no-fault coverage for everyone, regardless of who is responsible for a given car accident.
V) Personal auto insurance policies specifically exclude coverage when you are driving for a business purpose, such as driving for Uber where drivers are responsible for informing their broker or insurance provider they are participating in ridesharing or delivery activities.
VI) Auto insurance premium is based on a number of factors, such as the value of the car, driving record, coverage, deductible.
a) I, II and V
b) I, III, IV and VI
c) II, III, IV, V and VI
d) I, II, III, V and VI
e) All responses
d) I, II, III, V and VI
Explanation:
- Statement I is true as drivers are required to have their private insurance certificate, driver's licence, and car registration certificate with them while driving.
- Statement II is true as Québec law requires vehicle owners to hold a civil liability insurance policy of at least $50,000 to cover property damage to others.
- Statement III is true as all Québecers are covered by Québec's public automobile insurance plan, the Société de l'assurance automobile du Québec (SAAQ).
- Statement V is true as personal auto insurance policies typically exclude coverage when driving for a business purpose like Uber, so drivers need to inform their insurance provider.
- Statement VI is true as auto insurance premiums are based on various factors like the value of the car, driving record, coverage, and deductible.