A Vibrant Town To Drive Around
Located just 40 minutes from Calgary, Okotoks is a small town near a big city. This gives residents the best of both worlds, as they can live in the charming, vibrant town and work and play nearby, where there are so many possibilities for jobs and entertainment. This results in a lot of driving, so Okotoks auto insurance is a necessity for residents to obtain.
In addition to the typical hazards that might be encountered on the roads, residents of Okotoks must contend with the effects of inclement weather during much of the year. The winter season lasts for more than four months, with the harshest weather occurring between November and March. The temperature frequently drops below zero degrees Celcius during the coldest months, and the snowy season is prevalent for seven months out of the year, wreaking potential havoc on the roadways of Okotoks.
Secure Your Okotoks Auto Insurance
In Okotoks, as in nearly all of Canada, motorists are required to maintain accident benefits coverage, which generally includes the following:
- Compensation for income loss if you are unable to work
- Funeral expenses and death benefits for surviving family
- Medical expenses not covered by another medical program
What Type of Auto Insurance Will Most Benefit You?
Car insurance is designed to provide financial protection in the event of an accident resulting in injuries, death or damage to property. Six basic types of auto insurance coverage safeguard against a variety of risks.
Bodily Injury Liability
This type of insurance takes care of another individual's expenses if you are at fault for an accident in which he or she is injured. These expenses can include lost wages, medical bills and compensation for pain or suffering.
Property Damage Liability
Similar to personal injury liability, property damage liability kicks in when you are at fault for damages to another person. This type of coverage pays for damages to the other person's vehicle or other affected property, including equipment, fences and walls, up to the policy limits.
Collision Coverage
Collision coverage comes in handy when your own vehicle sustains damage following an accident with another vehicle or with a stationary object, such as a building or a tree. This type of insurance is not a government requirement in Okotoks, but it is useful, especially if your vehicle is financed, so you don't end up owing money beyond the vehicle's value.
Personal Injury Protection
When an accident leads to injury, personal injury protection becomes very valuable. Its benefits can be used for any medical expenses resulting from an accident. This can be applied to lost wages, funeral expenses and medical bills.
Comprehensive Policies
The broadest type of coverage available, a comprehensive policy reimburses you for vehicle damages caused by issues other than collisions. This type of policy typically covers the following:
- Bird or animal damage
- Earthquakes, hail or windstorms
- Explosions
- Falling objects
- Fire or flood
- Glass breakage
- Civil unrest, larceny, theft or vandalism
Uninsured/Underinsured Motorist Coverage
If you find yourself the victim of an accident with another driver who has no insurance or whose insurance is insufficient to pay your bills, this type of coverage can be a lifesaver. Despite the Alberta requirement for all licensed drivers to be insured, there are always some individuals who remain noncompliant with the law.