Auto Insurance

Auto insurance provides vehicle, liability and accident benefits coverage:

• Vehicle coverage pays for damage to or theft of your car.
• Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
• Accident Benefits pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.

In the North West Territories, a minimum liability of $1,000,000 is required when registering your vehicle. If you're financing a car, your lender may also have additional requirements.

Did You Know?

·         It is mandatory for all drivers in the household to be listed on the policy.

·         The longer you’ve had continuous insurance coverage the lower the premium.

The amount you pay to the insurance company is based on a wide range of factors; such as: age, gender, driving experience, claims history and a multitude of other factors.


Why Do You Need Auto Insurance?

Auto insurance is about protecting you financially.

1.      Accidents happen, while insurance cannot prevent them, it acts as a safety net to help you drive with peace of mind.

2.     Medical expenses & law-suits can add up; Insurance helps protect you from losing your assets.

3.      Having a minimum amount of coverage is required by law.

Questions to Ask Your Broker:

Your broker is an advocate for finding auto insurance that meets your specific needs. Here are a few things to consider as you prepare for the discussion:

• How much can you afford to pay if you get in an accident? (To keep premiums low you may want to have a higher deductible and be willing to pay more for repairs.)
• What discounts are available? (Ask about good driver, multiple policy and student discounts.)
• What is the insurance company's level of service and ability to pay claims?
• What's the procedure for filing and settling a claim? (Ask who to call and what happens after you file a claim.)