Alberta Car Insurance

Buying car insurance in Alberta is quite easy because there are many private companies that offer a wide variety of insurance coverage. What are the basic types of car insurance in Alberta?

Minimum car insurance

There are two basic types of car insurance that you can buy. The first is the minimum mandatory car insurance. This type of car insurance is required by Alberta law to be purchased by every vehicle owner. In the minimum car insurance, you will be covered up to $200,000 of the legal settlement against you if you are responsible in a car crash and you are being sued for causing injury or death to someone. The insurance company will pay a maximum of $10,000 for property damage. Medical benefits include $50,000 for every person for surgery, dental services, hospital stay, nursing care, and other needed services. If you are injured, the car insurance company will reimburse 80% of your average weekly pay for up to 104 weeks but the amount will not be higher than $400 per week. And if you are killed in the accident, your family will receive money from your insurance plus $400 for grief counseling and $5,000 for funeral costs.

Optional car insurance

In addition to the required minimum car insurance, you can also buy optional car insurance. This type of car insurance has additional coverage for theft, fire, collision, vandalism, and others. Furthermore, any car insurance company can make a specific policy that can cover all your needs. This way, you will be getting the best product at the appropriate price.