Do you need optional car insurance?

Is optional car insurance necessary?

To legally drive in Alberta, everyone must have liability insurance to cover any at-fault damage or injuries to others. This does not cover your own vehicle. While the minimum required coverage is $200,000, we recommend having at least $2,000,000.

Do unused cars need insurance?

The law says that you must normally have at least third party motor insurance if you drive or own a vehicle. You must also have insurance if you leave it parked on the street, on your driveway or in your garage. … You don’t need motor insurance if: you have a valid Statutory Off Road Notification (SORN)

What is the minimum amount of car insurance?

What types of car insurance are mandatory?

Insurance coverage Range of mandatory limits
Bodily injury (BI) liability $15,000 to $50,000 per person/$30,000 to $100,000 per accident
Property damage (PD) liability $5,000 to $25,000 per accident

What types of insurance are optional if you own a vehicle?

In Alberta, every person must have Section A and Section B insurance, and Section C insurance is optional. Section A: Section A is called “Public Liability and Property Damage” (PLPD) or Third-Party Liability.

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Can I drive a new car home on my old insurance?

If you buy a secondhand car you will need to take out your new insurance policy (or amend your existing policy) before you can drive the car home. … Alternatively, you may have minimal insurance cover to drive the vehicle home if you have ‘driving other cars’ permission on your current insurance policy.

Can I drive a uninsured car with my insurance?

Do not drive an uninsured car, even if you personally have car insurance. … No, it is illegal for an insured driver to be driving an uninsured car because insurance is tied to the car and not the individual driver.

Can I drive someone else’s car with comprehensive insurance?

Can I drive my partner’s car? Driving Other Cars (DOC) insurance isn’t usually included as part of a fully comprehensive policy. Unless your policy states otherwise, you’ll only be able to drive your partner’s car if they’ve added you as a named driver or have a family or any driver car insurance policy.

Do all countries require car insurance?

Auto insurance policies are present in just about every country in the world. It isn’t exactly a luxury to get one, but rather a necessity, and even an obligation under the law in several countries.

Is it true all insurance companies charge pretty much the same amount for the same coverage?

The answer lies in the way each one calculates risk. There are hundreds of factors used by car insurance companies to determine what your risk profile is and how much they should charge you. … As you can see, the same insurance company can give you a terrible rate or a great rate depending on one individual factor.

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How long do I have to insure a car?

You have a 7- to 30-day grace period (depending on your state) to tell your car insurance company about the new vehicle. You must buy insurance before taking possession and driving the car off the lot. If you don’t, you won’t be able to take possession of the vehicle.