The average auto insurance in Alberta is around $1,316 per year. However, rates can vary greatly (up to 14%) across the cities. Are you ready to see how your city stacks up? The following study was completed by Rates.ca, and all calculations are based on a 35-year-old male with a clean driving record. Top 10 […]
Auto insurance is not one-size-fits-all. In Alberta, there are many different types of auto insurance that offer various degrees of coverage and each is unique! Determining which type of auto coverage you should purchase is a matter of understanding what each entails and choosing the one that best suits your needs. To help make this […]
Purchasing a vehicle is a considerable investment but the purchase price shouldn’t be your only consideration! While fuel economy and regular care and maintenance are a priority for many consumers, all vehicles on the road are required by law to have auto insurance. Car insurance is important in providing financial protection for the policyholder and others […]
Telematics, also known as pay-as-you-drive insurance, black box insurance, or usage-based insurance (UBI) is a type of policy that calculates your insurance based on how you drive. This system was designed to reward drivers who drive short distances, infrequently, and sensibly. But is it the right car insurance choice for everyone? The idea of telematics […]
Once upon a time, you had to pull your car over and find a payphone to make a call en route. With a cell phone in the pocket of almost every Alberta driver, laws had to come into place to address the issue of distracted driving. However, distracted driving does not only include cellphone use. […]
There are a ton of auto insurance myths and misnomers floating around, so join ARC Insurance Brokers as we work to debunk some of the most common myths and provide you with some clarity on the auto insurance world. Myth 1: Red cars are more expensive to insure. This is probably one of the longest-standing […]
There are a number of factors that insurance companies consider when measuring the likelihood of losses from car accidents that they would have to compensate for. The answer to how much is car insurance in Alberta can be found by looking at these factors: At-fault accidents Insurance rate premiums rise with at-fault accidents. A lot […]
Uber, along with other Transportation Network Companies (TNCs) hit the ground running here in Alberta. The overnight success left many provinces unprepared and not sure how to ensure both the providers and patrons using these services were being properly protected. Rules needed to be defined, and insurance coverage needed to be legitimized. In August of […]
Car insurance rates are set so that the insurer can earn a profit without alienating potential insurance customers in the process. To sum up a rather complicated relationship, the riskier the insurance customer, the higher the car insurance rates to ensure that the insurer can earn a profit. As such, if you have an interest […]
One of the first things people tend to look at when trying to find ways to save money on monthly costs is car insurance. For many in Edmonton, the monthly costs for their auto coverage represents a significant part of their paychecks – especially if one doesn’t have many years of clean history with no accidents or tickets. So when is the best time to remove optional vehicle insurance, such as collision and comprehensive coverage?