Under the Traffic Safety Act, Albertans are required to carry car insurance. Many us of purchase and renew our car insurance policy, hoping that we will be fortunate and never have to actually claim against them. Continue reading “Introduction to Your Car Insurance Policy”
Tag: car insurance policy
It is mandatory to have a car insurance policy in Alberta. In Alberta, basic automobile insurance (accident benefits and third party liability) is required by law. You can opt to purchase additional insurance coverage like collision and comprehensive, however, the additional coverage is not required by law. The mandatory auto insurance of the other driver protects you if another driver injuries you in a car accident. Currently, the car insurance companies are trying to change the laws in Alberta so that they are not legal responsible for compensation. Currently, the at fault driver’s insurance has to compensate you for your injuries, with the personal injury lawyers holding the auto insurance companies accountable. The insurance companies want to move to a no-fault insurance model where your own insurance company promises that they will pay for your medical bills. The insurance company will decide how much your injury is worth, and then they will pay that amount. The no-fault insurance model removes your legal recourse and removes all accountability from the car insurance company. Your car insurance policy will be to compensate you directly. Personal injury lawyers like Moustarah & Company want to help you get the compensation you deserve and hold the car insurance company accountable.