Protecting Your Vehicle From the Unexpected
Cochrane is growing rapidly. With almost a 25% population increase between 2016 and 2021, it's one of the fastest-growing areas in Canada. While the town's expansion is dynamic and exciting, it also leads to an increased number of drivers on the roadways. Now is the time to ensure you have auto insurance in Cochrane that meets your needs.
Depending on Reliable Transportation for Work
Fifty-four percent of Cochrane residents drive to work, higher than the national average of 40% and the Alberta average of 47%. By contrast, only 1.5% of workers use public transportation to commute — much lower than the national average of 7% and the Alberta average of 6.1%. If you commute to work in Cochrane, the chances are high that you rely on your vehicle to get you there. Having dependable auto insurance in Cochrane is essential so that you can have peace of mind as you travel to and from your job.
Weather Risks in Cochrane
Cochrane has a snowy period between October and May. Spring and fall are the seasons when heavy snowfall is most likely. November averages 69 cm of snow. Springtime brings the heaviest snow chances, with April averaging 79 cm. The snowy seasons bring possibilities of slippery, icy roads that pose hazards to drivers, especially on steep hills.
You can expect rain any time of year in Cochrane and possible hazardous driving conditions along with it. In rainy weather, you may face reduced visibility, slippery roads and difficulty starting and stopping on hills. Having a reliable auto insurance policy can ensure that you have coverage if anything happens while you're driving.
Types of Auto Insurance in Cochrane
Even the most cautious drivers can have auto accidents. Whether they happen due to weather conditions, a careless driver, road hazards or other reasons, automobile owners rely on dependable coverage for the unexpected.
Many types of car insurance exist. A knowledgeable broker can advise you on the right coverage portfolio.
Liability Coverage
Third-party liability auto insurance coverage is mandatory in Alberta. Liability coverage can help pay for the costs associated with another person's losses if you cause an accident. Bodily injury coverage can help pay for medical bills if someone is hurt, and personal property coverage helps with car damage or replacement expenses.
Collision Insurance
This insurance type helps to pay for car repair or replacement if you hit another vehicle or a fixed object (such as a tree or fence post). Typically, collision insurance pays up to the cash value of your car minus the deductible.
Comprehensive Coverage
Comprehensive insurance pays for vehicle damage resulting from perils such as hail, fire, vandalism or theft. The law does not mandate this coverage, but your lender may require it. Comprehensive insurance usually covers up to the cash value of your car after you meet the deductible.
Uninsured or Underinsured Motorist Coverage
When someone else causes an accident and cannot pay for it, you may end up responsible for your medical bills or property damage. This type of insurance can help cover your losses if another motorist causes an accident and does not have the necessary insurance.
Towing and Labour Insurance
A car accident can leave you stranded. Towing and labour coverage helps pay for a towing company to take your car to a repair shop. It can also help cover dead batteries, tire changes or lockouts.