Alberta car insurance can be gotten from as much as 70 private insurance companies; each competing with other’s rate by offering different prices, coverage and service. By law, it is required to purchase the least amount of car insurance by anyone that owns and drives a car. Different insurance companies offer free Alberta car insurance quotes, all you need do is to go to their websites and fill in the details required.
Aside government law, what are other benefits of having a car insurance policy?
It is required that all cars in Alberta must have a car insurance policy (it is illegal to act otherwise). Any new car you require its registration must also carry an Alberta car insurance policy. The government has made some insurance reforms to reduce premium rates for car owners and drivers. Another benefit of having your car insured is, in the event of “no-fault” accidents, your car insurance Alberta company will take responsibilities (to some extent) of the damages. But this does not support careless driving, in fact at one “at-fault” accident (the accident you are responsible for), with some other driving violations; your future car insurance policy may suffer as a result.
Is my driver’s experience important before I buy a car insurance Alberta policy?
Most Alberta car insurance companies don’t really take into significance your driver’s experience, or preceding “no-claims” discount. All that is advised is to get insured into any Alberta car insurance company as fast as possible. Also, if you wish to leave a previous insurance company, you are required to collect a “no-claims” certificate from them; it can be useful in the future.
What health benefits am I entitled to get, in the event of an accident?
If you are responsible for the accident as a result of careless driving (either a person is killed, injured or some properties damaged), which results to a law suit being filed against you; your insurance policy covers damages to the region of $200,000. This encompasses legal settlements and court judgements passed against you. Likewise, if the accident resulted in property damage, your insurance company is allowed to pay a maximum of $10,000.
But if you have yourself injured irrespective of whom the fault was, you will be entitled to a medical care if you are in need of one. Your car insurance Alberta Company will be responsible for the payment of your medical bills (maximum of $50,000/person), this includes all types of medical treatment received. If the injury sustained does not permit you to work for some certain days (or weeks), your Alberta car insurance company is allowed to reimburse you with close to 80% of your weekly wages (before tax), beginning seven days after the injury was sustained. The insurance company will not pay more than $400 per week, and will stop the reimbursement after the 104th week.
In the event you got killed, the car insurance Alberta Company will be allowed to pay your family entitlements that are determined by the number of dependants, your family status and your age. Likewise, you insurer will pay the $400 that is required for grief counselling and $5,000 for funeral expenses.