Auto Insurance in Edmonton, Alberta

Edmonton drivers are required by law to have a car insurance policy to ensure protection in the event of an accident. If you are at fault, then having auto insurance will help pay for the damages, such as medical bills, car repairs, or legal fees. Drivers are not legally allowed to operate a motor vehicle without owning a valid car insurance policy.

It is mandatory for all Edmonton drivers to have third-party liability coverage, as well as accident benefits coverage. These auto insurance coverages protect against situations where you have been determined at fault for an accident or collision causing damage to another’s vehicle, or physical injury to their person. To help distinguish between mandatory forms of auto insurance coverage, and optional coverage, we’ve provided a quick reference list below.

Mandatory Forms of Auto Insurance Coverage

• Third-Party Liability Coverage - This type of insurance coverage will help cover the cost of any vehicle damage or physical injuries caused to others as a result of the car accident. In the event that you are sued because of the accident, this coverage will also help pay for any legal expenses.
• Accident Benefits Coverage - Regardless of who is determined to be at fault for the car accident, your accident benefits coverage will help cover the cost of lost wages, physical rehabilitation, and medical benefits that result from the vehicle collision.

Optional Forms of Auto Insurance Coverage

• Collision or Upset Coverage - If it is determined that you were not at fault for a driving accident, this type of insurance coverage will provide financial relief for the loss of use of your vehicle, damage to your vehicle, and damages caused to any personal contents within your vehicle.
• Uninsured Coverage - This type of insurance coverage protects against situations where an uninsured driver has caused an accident that results in the injury or death of another.

Yes, despite the auto insurance industry being privatized, car insurance in Edmonton is regulated by the Automobile Insurance Rate Board (AIRB) and the Superintendent of Insurance at a provincial level. They establish the maximum amount that insurance companies can charge for a basic coverage plan (any optional coverages are not regulated) and they also publish the approved rate changes every 3 months.

No. Unfortunately, temporary car insurance is not allowed in Edmonton. However, there are auto insurance policies that last for 6 months. The standard length of a car insurance policy is one year.

On average, car insurance prices in Edmonton are around $1427 per year, or $118.92 per month. Although this may be one of the highest rates in Alberta, there are still ways for you to obtain cheaper car insurance.

Talk to one of our car insurance experts today to get matched with a policy that fits your budget and needs.

Several factors can affect the cost of your car insurance premium, such as your insurance history, claims history, the distance you drive, your age, where you live, and your driving status. You can help lower your car insurance policy by being proactive (inquiring about discounts, comparing quotes from different companies, maintaining a clean driving record, and increasing your deductible).

Here at Dyck Insurance, we can help you get the best Edmonton car insurance policy for you. Contact us for a car insurance quote.

Car insurance rates are based on individual circumstances pertaining to you and your driving history. There are a number of factors that will determine your car insurance rate, including your driving record, number of car insurance claims, the location you reside, the extent that you’re driving on average, as well as the type of coverage you wish to have on your vehicle. Dyck Insurance will be happy to provide assistance to determine which insurance policy fits best for your driving purposes to maximize coverage and value.

The location of your residence, or the primary location where the vehicle is being stored, can have an impact on your Edmonton auto insurance. Your insurance premium may increase, even when moving within a single city, due to a higher risk factor for car and property theft in that particular area.

Your premiums may increase depending on the number of convictions you receive for traffic violations, in addition to the type of conviction that has been incurred, the severity of the traffic offence, and the amount of time that has elapsed since the incident took place. Minor and intermediate convictions will typically affect your auto insurance premium for a minimum of 3+ years, and more serious driving offences generally lead to a higher premium for a minimum of 4+ years. It is important to note that these effects on your Edmonton auto insurance premiums will commence following the driving conviction, and not the date in which the incident actually occurred.

In order to become insured to drive in Edmonton, Alberta, you’ll be required to present proof of vehicle ownership (your bill of sale or a copy of the vehicle registration), as well as the driver’s licences for each driver of the vehicle in question. If you had previously been licenced and insured in another province other than Alberta, your insurance advisor will request that you also provide any claims experience letters from your previous insurance companies, and a driver abstract that can speak to your driving record.

If you have additional questions or concerns relating to getting car insurance coverage in Alberta, be sure to contact our team of Expert insurance advisors at Dyck Insurance. Our representatives are standing by, ready to provide you with competitive insurance quotes, and match you with the best auto insurance policy for your individual needs.

It depends. If your spouse will be driving your vehicle, and does not have Alberta car insurance of their own - yes, they should be added as an additional driver on your car insurance policy. If they have their own vehicle and car insurance, however, there is no need to have them added as an additional driver on your policy.