Car Insurance in Hinton

Accident benefits coverage is the third and final type of compulsory auto insurance coverage in Alberta. This type of coverage can pay for medical care following an accident if someone suffered an injury or died in the accident. Accident benefits can pay for everything from funeral fees and lost income to medical fees, rehabilitation and physical therapy, and more.

Also known as no-fault insurance, direct compensation coverage will help pay for damages if you get into an accident that was not your fault. This can include injuries and damages to your vehicle. However, you will only receive coverage when you are at fault if you have collision and comprehensive coverage.

Comprehensive car coverage is optional for Hinton drivers, and yet, many choose to purchase it due to the peace of mind it offers. Comprehensive insurance works like this: if your car is damaged while parked, whether it is stolen or a window is broken due to a natural disaster, comprehensive car insurance will pay to repair or replace it. Specifically, you will be covered for any damage or losses that are caused by an insured peril. Insured perils range but may include wind, water, fire, theft, vandalism, falling objects, and natural disasters. For a complete list of perils, contact an insurance broker at BrokerLink.

Collision car coverage is also optional, like comprehensive coverage. It comes into play if you get into a serious accident with another vehicle, animal, or object on the road. Collision coverage can be claimed no matter who caused the accident, whether it was the policyholder or another driver. Since collision coverage is designed to reimburse the policyholder for the cost of any necessary vehicle repairs, it is imperative that the coverage limit you choose reflects the value of your vehicle. Otherwise, in the event of a total loss, you would have to pay a large sum out-of-pocket.

Accident forgiveness is the next type of optional car insurance coverage in Hinton. Accident forgiveness is additional coverage that can be added to your car insurance policy as an endorsement, to protect your driving record and to help prevent your insurance premium from increasing if you have an at-fault accident claim. Note: coverage and eligibility varies by province. As such, you must contact a local insurance broker to find out about the conditions that must be met in Alberta in order to claim accident forgiveness. For example, some car insurance companies may only allow accident forgiveness to be claimed if the accident was minor or if the primary policyholder got into the accident, versus another driver named on the policy.

Like liability insurance, uninsured motorist coverage is compulsory in Hinton. This type of coverage is for when you are involved in an accident with someone who does not have car insurance, does not have enough insurance, or is unidentified. Therefore, uninsured motorist coverage is what you will claim if you are the victim of a hit and run.

Loss of use coverage is the last type of coverage to be discussed,, and it is optional. This type of coverage will pay for you to take other modes of transit, like public transit, a rental car, or an Uber, if your car is damaged in an accident and needs to go into the shop for repairs. Loss of use coverage can reimburse you for any transportation costs incurred while your car is temporarily out of commission.

If you're buying a new car, adding this coverage to your policy is worth considering. It ensures you're covered for the full value of your vehicle without factoring in depreciation. That means if your car is stolen or totalled, you'll be reimbursed for the cost of a brand-new vehicle—not just what it's worth after wear and tear.