Alberta Is Successful In Establishing Fair Solutions For Car Insurance

The driver wants to make sure that the policy is affordable and that they are covered adequately. No one wants to be caught short. In Canada all drivers must not only have liability but also pay for their medical coverage and loss of income coverage. If the driver in Alberta wants to they can purchase additional coverage such as collision, vandalism, theft, flood and windstorm.

Depending on where one resides in Alberta the rates will differ. Some areas have fewer accidents than others. Other factors that determine policy rates are demographics and type of car. Organized crime groups steal cars and strip them down to be sold outside of the country. If there is known organized crime activity in one’s area then the rates will be higher.

In 2004 the province of Alberta made some changes to their system of auto insurance so that the policies would be more affordable to the younger demographic. Instead of paying higher premiums because of the poor driving of others, the premium is determined by the individual’s personal driving record.

Accident victims can save time and money by getting medical treatment for minor injuries prior to getting approval from the insurance company. This means they can get back to work sooner so the insurance company will not have to compensate them for loss of income. This keeps the car premium rates down.

The premium grid system is still being used but is constantly being worked on to make it better. The one disadvantage to this system is that good drivers are still paying for the bad drivers since there is a cap on the premium payments.

An Albertan beginning driver must be at least 14 to apply for a learner’s permit. Approval from their parents is required if under eighteen. A vision test and riving test are required to pass. They must be sixteen year’s of age before they are eligible to apply for a regular license. The can remain learners for five years but must have a licensed driver at least 18 in the car with them at all times. Demerit points are given if they break any driving laws.

Policy rates are in a continuous state of change so checking online regularly will help greatly in determining what the best rate is. The visitor has to type in their postal code and then the work starts. They are free to contact an agent on live chat as well as telephone a toll free number. Policies can be purchased online via credit card.