How much car insurance do you need?
The Alberta provincial requirements for auto insurance ensures a very minimal amount of protection. With Edmonton being ranked as a city with one of the highest numbers of auto accidents in Canada, we strongly recommend that our customers consider purchasing extra coverage for extra protection.
We have a wide range of extra automobile coverages that allow you to customize your protection based on your needs and budget. Scroll down for a chart summarizing these options.
Auto Insurance Optional Coverage
| Additional Coverage | Summary of Benefits | Covers |
|---|---|---|
| Increased Third Party Liability | Protection beyond the $200,000 minimum if you are deemed responsible for damages or injuries to others as a result of a crash. | You |
| Increased Family Protection Coverage | Extra coverage beyond the Alberta minimum for you and your family for injuries resulting from the actions of an at-fault, uninsured or underinsured driver. | You |
| Loss of Use | Cover costs of rental vehicle or alternative transportation while your vehicle is being repaired. | You |
| Liability to Non-Owned Auto | Provides you with Collision and Comprehensive coverage for vehicle rentals within Canada or USA. | Rental Vehicle |
| Vehicle Coverage | ||
| Collision | Covers cost of repairs to your car regardless of who is at-fault. Also covers hit-and-runs. | Vehicle |
| Comprehensive | Protects your car from different types of damages that do NOT result from a collision. Ie. Fire, theft, vandalism, hail, and other perils. | Vehicle |
| Limited Waiver of Depreciation | Ensures that you receive full value – without depreciation – if vehicle is written off in a claim. *Applicable to brand new vehicles only. | Vehicle |
Note: The information contained within this article is subject to change. Always consult with your current insurance supplier, or a licensed insurance representative, to assess which coverage options are best suited for you. The information collected and compiled here is intended to be used as reference only.
