Northwest Territory Mandatory Coverage To drive in Northwest Territory, you must secure coverage through a private insurer that meets the minimum territorial regulations. In the territory, $200,000 in third-party liability coverage is mandatory. The chart below provides a summary of minimum coverages required by the government of Northwest Territory. Please refer to the list of sources for more details.This information is for educational purposes only. We recommend you consult a qualified insurance professional for further assistance.As of January 1, 2021Mandatory minimum third-party liability:$200,000 is available for any one accident; however, if a claim involving both bodily injury and property damage reaches this figure, payment for property damage will be capped at $10,000.Direct Compensation Property Damage Required?Not applicableMedical payments:Up to $25,000/person, four-year time limit.Funeral expense benefits:$1,000.Disability income benefits:80% of gross weekly wages to maximum $140/week; 104 weeks for temporary disability; lifetime for total disability; nothing is payable for the first seven days of disability; unpaid housekeeper $100/week, maximum 12 weeks.Death benefits:Death within 180 days after accident (or two years if continuously disabled prior to death); death of head of household $10,000, plus $1,500 to single survivor or $2,500 to each survivor after first if more than one; death of spouse of head of household $10,000; death of dependant $2,000.Impairment benefits:N/ARight to sue for pain and suffering?Yes.Right to sue for economic loss in excess of no-fault benefits?Yes.Administration:Private insurers. Sources:(Northwest Territories) Insurance Act, R.S.N.W.T. 1988, c.I-4Northwest Territories Standard Automobile Policy S.P.F. No.1 (not available online) Car Insurance Q & AQuestions to ask your insurance representative.All about Auto Insurance Regardless of where you live in Canada, auto insurance is required by law. You are not authorized to drive without it. Useful LinksFACTS of the Property & Casualty Insurance IndustryThe FACTS of the Property & Casualty Insurance Industry is published by Insurance Bureau of Canada (IBC), the trade association representing Canada’s private property and casualty (P&C) insurance companies. IBC has published FACTS since 1972 to provide a snapshot of the state of the P&C insurance industry. Buying Auto InsuranceKnow how insurance premiums are calculated, where to turn for insurance if you are a higher-risk driver and what additional auto insurance coverage is available. Insurance Premium AllocationThe premiums of many policyholders pay the claims of the few who suffer a claim. Insurers put premiums toward a mix of claims costs, investments and operational expenses. Types of CoverageCollision, specified perils, comprehensive and all perils are among the additional coverages available for your vehicle. In general, these coverages are very similar across the country Canadian Loss Experience Automobile Rating (CLEAR)Collision, specified perils, comprehensive and all perils are among the additional coverages available for your vehicle. In general, these coverages are very similar across the country. Facility AssociationFacility Association’s mission is to administer the automobile insurance residual markets, enhance market stability, and guarantee the availability of automobile insurance to those eligible to obtain it.