A-25, r. 9 - Regulation respecting compensation under Chapter II of Title IV of the Automobile Insurance Act

Section 2 Disposition versions

2012-09-01

2. For the purpose of implementing sections 145 and 148 of the Automobile Insurance Act (chapter A-25), the deductible is the greater of the following:

(1)  $500; and

(2)  for damage to an automobile, 10% of the value of the automobile determined on the day of the accident according to the gross sale price indicated for a vehicle of the same make, model and features, in the latest edition of the Guide d’Évaluation des Automobiles or the Guide d’Évaluation des Camions Légers published by Hebdo Mag Inc.

For a model year prior to those covered by the edition, the sale price considered is the one indicated in the edition for the nearest model year, from which amount must be subtracted 1% of the sale price for each month elapsed between the vehicle’s model year and the earliest year covered by the edition.

Where the make or model of automobile is not covered by the Guide, the Société shall make an evaluation of the automobile or have this done.

O.C. 1336-99, s. 2.