Mandatory in Alberta, third-party liability offers protection in the event a third party is injured or has their property damaged as a result of your actions behind the wheel. The accident benefits portion can also help cover healthcare and other expenses during a post-accident recovery period.
Keep in mind that this coverage only applies to third parties – people other than you that are involved in an incident. You’ll need to purchase additional insurance to repair or replace your own vehicle if you’re involved in an at-fault accident.
Third-party liability also has a limit. Rogers Insurance strongly recommends opting for a $2 million policy limit to better ensure you’re not paying out of pocket for an expensive accident lawsuit.
This type of Calgary car insurance can help repair or replace your vehicle if you’re involved in an accident. If you’re not at fault, the other driver’s insurance will usually cover this, however, if that driver is uninsured or you’re deemed to be at fault, you need this coverage to cover any costs relating to the repair or replacement of your car.