Tips for Buying Car Insurance in Alberta
A common thing that many drivers don’t realize is that car insurance laws, rules, and regulations vary from province to province. Factoring in car insurance considerations will be different for drivers in Ontario then it would be for drivers in Alberta.
If you are an Alberta resident or plan on moving to Alberta in the near future, keep the following tips and information in mind when weighing your auto insurance options:
- Just like in other Canadian provinces, auto insurance coverage is mandatory and it is illegal to drive without insurance
- Alberta does have “no fault” insurance as part of their policy options
- Drivers must have a minimum of $200,000 in liability coverage
- Insurance rates are calculated using the Car Insurance Grid Rate Calculator
Outside of these tips that are specific to the Alberta market, drivers need to keep in mind that there insurance rates will vary from one driver to the next. The amount you pay is based on multiple factors such as:
- Where you live
- The vehicle you drive
- The number of vehicles and drivers on your policy
- Your driving history
This is why it is important to get a quote for auto insurance before making a final decision. Remember that if you have questions about your auto insurance coverage in Alberta, talk to your insurance broker to get clarification, especially if you are new to the province.
What tips can you offer to other drivers in Alberta about buying car insurance? What strategies do you use before deciding on purchase a policy?