With its roots as a railroad hub, Camrose has always been a city known for travel. Today, most residents use cars to get where they're going. The city's population has also increased by the thousands over the last two decades. If you're one of the city's many drivers, reliable auto insurance in Camrose is essential to protect the investment you made in your vehicle.
Safeguarding Your Car Against Hazardous Weather
Camrose gets snow about eight months of the year. The average annual total is 113.5 mm. Snowy weather ushers in the chance of hazardous road conditions — heavy accumulation, icy patches and snow-covered traffic signs can make driving perilous. Summertime is the prime season for rain, with an average of 86 mm in July alone. Reduced visibility and slippery roads often result from heavy rainfall. With weather conditions threatening drivers' safety, it's critical to have dependable auto insurance in Camrose to protect you against risk.
Protecting Against Losses Resulting From Crashes
Even the most defensive drivers can have accidents. Not all motorists are cautious behind the wheel, and they can pose a risk to others. In 2020 Alberta traffic accidents, almost 80% of total collisions resulted from driver error. The most common crash factors resulting in injuries and deaths were following too closely, speeding and impaired driving. While you cannot control what others do behind the wheel, you can drive safely and protect your vehicle with a good insurance policy.
Types of Auto Insurance in Camrose
Every driver has different insurance requirements. Your car's age, make and model affect what you need. Your policy can also depend on the number of drivers in your household, where you park your car and how often you drive. Fortunately, you have many coverage options from which to choose.
Collision Coverage
This insurance covers damages if you hit another car or object, such as a pole or tree. Your lender may require you to have collision insurance, but Alberta law does not mandate it.
Comprehensive Coverage
Not all car damage happens while on the road. You may need repairs or replacement after vandalism, theft, storm damage or fire. Comprehensive insurance helps pay for these costs. Like collision insurance, your lender may require you to have a comprehensive insurance policy, but the law does not require it.
Gap Insurance
Your car may depreciate before you finish making loan payments. Gap insurance can help cover the difference if your vehicle is totalled or stolen. This insurance type is typical for leased and financed cars.
Uninsured and Underinsured Motorist Coverage
Getting in an accident with an uninsured or underinsured driver poses financial risks for you. You may be responsible for medical and car repair bills. Uninsured and underinsured motorist coverage has three categories:
- Uninsured motorist property damage to pay for your car repair
- Uninsured motorist bodily injury to help cover you and your passengers' medical expenses
- Underinsured motorist coverage to pay for bodily injury if the other driver's insurance is inadequate
These insurance types help you pay your expenses if the other driver has too little or no coverage.
Towing and Labour Coverage
No one wants to be stranded by the roadside after a breakdown or accident. Towing and labour coverage helps pay for a tow truck to pick up your disabled vehicle, fix a flat tire, unlock your keys from your car or handle other similar situations.