Saskatchewan Mandatory Coverage Owners of motor vehicles in Saskatchewan must obtain auto insurance coverage through the government insurer, Saskatchewan Government Insurance (SGI). SGI has a government-mandated monopoly to provide the mandatory insurance set by provincial requirements. In the province, $200,000 in third-party liability coverage is mandatory as is coverage for damage to your own vehicle.Below is a summary of mandatory coverages required by the Saskatchewan government. Please refer to the list of sources for more details.This information is for educational purposes only. Consult a qualified insurance professional for further assistance. as of January 1, 2022 Mandatory 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 and the balance will be attributed to the bodily injury claim. Direct Compensation Property Damage Required?Not applicable If no-fault option selected: If tort option selected: Medical payments:Up to $7,397,579/person.Up to $ 28,952 /person for non-catastrophic injury, up to $ 217,139 for catastrophic injury. Funeral expense benefits:$11,094.$7,238. Disability income benefits:90% of net wages based on actual gross annual income that is less than $ 105,430/year; nothing payable for the first seven days of disability, unless catastrophically injured, as defined in the legislation and/or regulations.Up to two years (lifetime if unable to return to any job); maximum $ 24,544/year for total disability; up to one year maximum $ 12, 272 for partial disability. Death benefits:45% of deceased’s net income benefit to spouse; 5% of deceased’s net income to each dependent child; if no spouse, $16,642 to each surviving parent or child (21 years or older), to maximum $74,894; death of dependent child $33,285.45% of deceased's net income benefit to spouse; 5% of deceased's net income to each dependent child or disabled adult; if no spouse, $16,958 to each surviving parent or child (21 years or older), to maximum $ 76,317; death of dependent child $ 33,917.45% of deceased's net income; 5% of calculated death benefits to each dependent child; if no spouse or dependant, estate receives up to $14,476. Impairment benefits:Up to $ 211,990/person for non-catastrophic injury, up to $ 258,915 for catastrophic injury.Up to $ 14,476 /person for non-catastrophic injury, up to $ 188,187 for catastrophic injury. Right to sue for pain and suffering?No.Yes, subject to a deductible of $5,000. Right to sue for economic loss in excess of no-fault benefits?Yes.Yes. Administration:Government (government and private insurers compete for optional and excess coverage) Sources: SGI Basic Auto Injury Insurance Your Guide to No Fault Coverage, 2022 Your Guide to Tort Coverage, 2022 Guide to Choosing Personal Auto Injury Insurance, 2022 Auto Insurance Q & A Questions 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.