Depending on the province, Canadian drivers may be required to have the following types of insurance: Accident Benefits Third-party Liability Uninsured Automobile Direct Compensation for Property Damage Drivers in almost all provinces must hold at least $200,000 in third-party liability insurance. The exceptions are Quebec and Nova Scotia, which require $50,000 and $500,000, respectively.  Good to know While $200,000 sounds like a lot, it may not be. Vehicles and medical bills are expensive. We recommend purchasing more than the minimum. If you are at fault for an accident that causes $1 million in total damages and you only have the $200,000 minimum, you may be responsible for covering the rest!