2021-12-09
The Autorité des marchés financiers clarifies that the expanded vehicle definitions under the Act respecting off-highway vehicles do not alter current insurance requirements. While standard models like snowmobiles and all-terrain vehicles must remain covered by automobile policies, newly included types such as golf carts, groomers, and graders may alternatively utilize personal property or commercial liability coverage. This guidance confirms insurers can maintain existing policy frameworks without mandatory adjustments to accommodate the Act's broader scope.