Alberta

Auto insurance in Alberta is provided by almost 70 private companies that compete for customers by offering a different mix of price, coverage and service. Everyone who wants to drive a car in Alberta must by law buy a minimum amount of insurance (see minimums page) and has the option to buy more to suit their needs.

Having the right auto insurance coverage is essential for everyone who relies on their car to get them around. When Albertans are involved in accidents, their insurance companies help them get better, support them if they are unable to work and protect them financially if they hurt someone else and are sued for it.

In Canada, provincial governments decide which mandatory benefits are included in the auto insurance product. The challenge is finding the right balance between affordable price for all owners and adequate coverage for those who have to make a claim. For instance, if government makes the product very generous, it could become too expensive for many drivers.

Recent changes to Alberta’s auto insurance system helped improve that balance of affordability and adequate coverage (see auto reforms). But more can be, and is being, done to ensure Albertans are receiving the best coverage for the best possible price.