Drivers who are shopping for Nunavut auto insurance must have at least the minimum level of coverage required under Territory law in place. At least $200,000 in third party liability coverage must be purchased. This figure includes claims for injuries as well as property damage. In a situation where a claim is being made for property damage along with medical bills and lost wages, the payout for damage to property is limited to $10,000. A $1,000 funeral benefit is also required.
Medical payments coverage of at least $25,000per person must also be put in place. This amount covers rehabilitation expenses and is over and above the amount of any Territory health insurance available to accident victims. The time limit for benefits payable under this coverage is four years. There is a seven-day waiting period before receiving benefits. An unpaid housekeeper benefit of $100 a week may be paid for up to 12 weeks.
Income replacement coverage is also required for Nunavut drivers. This benefit pays out 80% of gross weekly income up to a limit of $140 per week for a maximum of 104 weeks for a temporary disability. For accident victims who are totally disabled, this benefit is payable for life.
Injured people in this Territory also have the right to sue to collect damages above the level required under Territorial law, so drivers should consider the amount of protection they have in place carefully.