A Unique City of Unique Drivers
The city of Lloydminster is unique, as it straddles the boundary between Alberta and Saskatchewan. The nearly 20,000 people living in Lloydminster are unique as well, with a diverse population that boasts the youngest median age in the country. These young residents love to drive. Those on the Alberta side are required to maintain private auto insurance in Lloydminster, while residents on the Saskatchewan side rely on a system of public car insurance.
Lloydminster drivers rely on their vehicles, as there is no system of public transportation available in the city. However, multiple scenic highways cross through the area, including the Yellowhead Highway, which runs from west to east, and Highway 17, which travels south to north along the border of the provinces. These roads can easily become hazardous during the long, cold winters.
Protect Your Vehicle With Auto Insurance in Lloydminster
When driving your personal vehicle is the only option for commuting to work and running errands around town, it's important to ensure that it's protected in case of accidents. At HUB International, our professional staff can assist you with choosing an auto insurance policy.
Finding the Best Auto Insurance for Your Needs
Your personal driving habits and financial situation will help determine the specific auto insurance products that will work best for you. Available options in the Lloydminster area range from protection for your personal property and well-being to protection for others from injury or damage that you may unintentionally inflict.
Personal Injury Protection
Also known as PIP, this type of coverage may help with your own medical expenses following an accident. It may also help with additional expenses related to your injuries, such as lost income or childcare expenses.
Collision Coverage
Whether your accident involved another vehicle or a stationary object such as a tree, collision coverage can assist with the cost of repairing or replacing your car. While this type of coverage is optional, according to the Alberta government, if your car is financed or leased, it may be required by your lending agency.
Comprehensive Coverage
Comprehensive coverage offers the broadest blanket of protection for your vehicle. After you pay the required deductible, the comprehensive insurance kicks in for repairs or for the replacement of your car, up to its actual cash value. The perils typically covered under a comprehensive policy include the following:
- Civil disturbances, such as riots
- Damage caused by animals
- Falling objects
- Fire
- Weather-related damage
- Theft
- Vandalism
Uninsured/Underinsured Motorist Coverage
While every licensed driver in Alberta is required to have car insurance, not everyone is compliant with this law. If you are the victim of an accident involving an uninsured driver, or if the driver who caused your accident has coverage limits too low to meet your expenses, an uninsured/underinsured motorist policy will help with your medical bills and/or vehicle damage.
Personal Liability Coverage
Liability insurance is required of all drivers in Lloydminster. There are two components of personal liability insurance:
- Bodily injury liability covers medical and related costs associated with another person's injuries in an accident where you are at fault
- Property damage liability covers the cost of damages to another person's property in an accident where you are at fault