Even though auto insurance is required by law in Alberta, that doesn’t mean all auto insurance policies are alike. In fact, the minimum requirement for auto insurance doesn’t even include coverage to your own vehicle, and that’s a pretty big deal when there are an endless number of things that can cause damage to your car. Most commonly seen is collision, but damage can also be caused by fire, theft, attempted theft, hail, vandalism and others.
Not to mention the unexpected costs that can come along with a claim, such as rental vehicle expenses, insurance premium increases due to an at fault accident, or loss of value due to the depreciation of your vehicle, surprisingly enough there are coverages that can help you with those too! With so much to choose from, getting knowledgeable advice will help you make a confident decision about your auto insurance.