Left Navigation Types of Auto Insurance Coverage 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. Established by provincial and territorial governments, mandatory auto insurance is the minimum amount of coverage every vehicle owner must have. Additional auto insurance coverages you may consider include: Collision Specified perils ComprehensiveAll perils CollisionYour vehicle flips over on the road and is damaged. You lose control of your vehicle on icy asphalt and hit a guardrail. This coverage pays for damage to your vehicle caused by upset or a collision with another object.Specified PerilsYour vehicle is stolen and never recovered or recovered with substantial damage. Fire engulfs your next-door neighbour’s house, spreads to your garage and destroys your insured car or truck. Specified perils pays only for losses caused by perils specifically listed in your policy. These perils are:FireTheft or attempted theftLightningHail Rising waterEarthquake WindstormAn explosion, riot or civil disturbanceThe falling or forced landing of aircraft or parts of aircraftThe stranding, sinking, burning, derailment or collision of any kind of transport in, or upon which, a described automobile is being carried on land or waterComprehensiveHigh winds cause flying debris that damages your car. Vandals break into your garage and damage your truck. Comprehensive coverage includes all perils, except for collision, or upset of the automobile, or damage caused by theft by a person residing with your or who repair your car. All PerilsIf damage is caused while your vehicle was stolen by someone in your household or someone you’ve hired to drive your vehicle (e.g., an employee), with all perils, this would be covered.Your Policy Confirms Your Insurance CoverageLoss or damage coverages are subject to limits, deductibles and exclusions that apply in all circumstances. The examples above are provided as general information only. Please review your auto insurance policy and talk to your insurance representative for information about your auto coverage. Car Insurance Q & A If you own or drive a car in Alberta, by law, you must buy insurance coverage from a private insurer. A no-fault and tort-based system is used to set out accident benefits and the right to sue in specified situations.All about Auto InsuranceIf you own or drive a car in Alberta, by law, you must buy insurance coverage from a private insurer. A no-fault and tort-based system is used to set out accident benefits and the right to sue in specified situations.Auto Insurance Explained (Ontario)Auto insurance is a complex product. It’s important to know your auto insurance policy. If you have a question about it, contact your insurance representative. Related ServicesMotorcycle InsuranceA standard motorcycle policy typically includes third-party liability, accident benefits and uninsured automobile coverage. Classic CarsOnly drive your classic car in the summer? It still should have year-round comprehensive coverage. Your provincial or territorial government sets specific licensing requirements for classic cars.Seasonal Vehicles Do you ride a snowmobile in the winter? Drive your classic car only during the summer? Park your RV in storage for a few months? These types of vehicles should have comprehensive coverage year-round. Useful LinksBuyer Beware: Read Your Policy Carefully Informed buyers carefully review their insurance policy and policy limits. Know what to look for when reviewing all sections of auto, home or business policies.Seller ScamsPay attention to the details of your insurance contract. Scammers sometimes slightly alter the name of a legitimate company. Auto Insurance Claims ProcessTo make a claim after a collision, you must notify your insurer as soon as possible. Your insurer will assign an adjuster to work on your claim and evaluate the total damage.Car CrashStay calm and if anyone is injured call 911. It’s important to take notes at the scene of a collision and report the incident to your insurer within 48 to 72 hours. Use IBC’s form to record all contact information and collision details.