Alberta Best Auto Insurance Edmonton

There are many discounts, optional coverages and deductible options that can aid in reducing your insurance costs. Including the following:

• A good driving record including claims and convictions free
• Selecting a higher deductible which will reduce your collision and comprehensive premiums
• Loyalty to your insurance company
• Short commute distance to work
• Professional occupation discount
• Declining optional coverages which you may not require on an older vehicle
• Multi policy (home and auto insurance bundled)
• Driving school discount for young drivers
• Drivers over 50 or experienced drivers

A deductible is the amount you will be responsible to pay in the event of collision or comprehensive loss. This is the amount the insurance company deducts from the total amount of the damage claimed and the insurance company will pay the remainder. There are different deductible limits offered. The higher the deductible, the lower your premium. Please be sure to discuss with your broker which deductible options are best suited for you.

As your broker we will do our best to make your claims experience as smooth as possible. During regular business hours, please contact our office to notify us about your claim. In the event you are faced with an after hours claims emergency, please refer to the 24/7 emergency claim phone numbers on our website.

After a claim, you deserve to have your vehicle repaired quickly, properly and the repair work guaranteed. Our quality Insurance Companies use a national network of high quality repair shops which they stand behind and guaranty the repairs. They will encourage you to choose a repair shop they recommend to have your damage appraised and repaired quickly. You do have the option to select a repair shop of your choice to have your vehicle damage appraised and repaired. You should inquire with the repair shop you choose about the guaranty and warranty of their repair work.

Should your vehicle become not drivable as a result of an insured collision loss, the Loss of Use endorsement (SEF 20) will provide reimbursement for reasonable costs incurred for use of a rental vehicle while your vehicle is being repaired or replaced. We recommend that you review your limit of insurance for this endorsement with your broker to ensure you have adequate coverage.

Many of our insurance markets offer an optional endorsement to provide coverage for accident forgiveness. This endorsement protects your premium from increasing as a result of a first at fault accident. This endorsement may be purchased for an additional premium and the driver/operator must qualify for the endorsement to be applied.

Third Party Liability coverage pays for injury to others and damage to their property, resulting from an accident that you are at fault for. Every car insurance policy includes liability coverage, to help protect you financially. With some liability awards exceeding $1 million dollars, it is our recommendation that you opt for a minimum of $2,000,000 liability coverage.

Comprehensive coverage provides coverage for fire, theft, vandalism, theft of parts, and other losses that are not insured under collision coverage. Collision coverage provides physical damage coverage for your vehicle in the event of a collision with another vehicle, person or object.

Comprehensive coverage provides coverage for fire, theft, vandalism, theft of parts, and other losses that are not insured under collision coverage. Collision coverage provides physical damage coverage for your vehicle in the event of a collision with another vehicle, person or object.

Limited Glass endorsement (SEF 13D) excludes coverage for chips and cracks to your windows, which also aids in reducing your comprehensive premium if you purchase this endorsement. However, this endorsement still provides coverage for specific perils such as fire, lightning, theft, or attempt threat, windstorm, earthquake, hail, explosion, riot or civil commotion, and rising water, for all glass on a vehicle and in addition vandalism to windows other than vandalism to the front windshield.

Insurance companies do not offer full replacement of a brand new vehicle in the event of a total loss. They offer an endorsement coverage, known as Limited Waiver of Depreciation (SEF 43R) which removes the right to deduct depreciation from the purchase price on your bill of sale. With the purchase of this endorsement you will be reimbursed for the original purchase price of the vehicle. To be eligible to purchase this endorsement, the insured must be the original owner of the vehicle and the vehicle must be less than 30 months old. Demonstrator vehicles with less than 5000 km may also qualify for this coverage.

Any person with a valid driver’s license who has your permission may drive your vehicle. However, if they are involved in an at fault accident this may affect your insurance premiums because the insurance follows the vehicle and not the driver. If any person regularly drives your vehicle or is a licensed driver in your home, you should inquire with your broker whether they should be added to your policy.

If you allow a person with a valid drivers license to borrow your vehicle you are lending them your insurance. It is your automobile insurance policy that will respond in the event of an insured loss. Should the loss be a chargeable claim it is your policy premiums that will be affected.

You can purchase the Legal Liability for Non Owned Autos endorsement (SEF 27). This endorsement extends physical damage coverage to the vehicle you are renting for a maximum 30 day period. This saves you from buying insurance from the rental car company. Coverage is limited to the insured and listed drivers on the policy only and has a limit of insurance that is applied. This endorsement is only valid in Canada & Continental United States. Please inquire to your broker to confirm you are adequately covered if planning on renting a vehicle.

You are insured to drive in the United States. It is recommended that you consider a minimum of $2 million third party liability, especially if you regularly drive to the United States. This is due to the fact that in the United Sates they have different liability laws than we do in Canada.

The third party liability from your automobile policy will extend at no extra cost from the vehicle you are hauling your trailer with. However, any physical damage to the trailer, recreational vehicle or watercraft is not covered. Physical damage for those items you’re hauling including the utility trailer must be purchased under separate coverage.