We hate to be the bearer of bad news, but this affects us all and it is important that Albertan's understand why insurance rates are increasing this fall. There is no short term fix, but the industry is working with the Government towards a solution. With the Alberta auto insurance rate cap being lifted this September, insurance companies have applied for, and been granted, rate increases by the AIRB (Alberta Insurance Rate Board). We are expecting to see rate increases from all insurance companies on renewals and new policies starting in November. 

When the New Alberta Government allowed the Auto Insurance Rate Cap to expire on September 1 of 2019 almost every insurance company in Alberta applied for rate increases. Some requests are in the 10-20% range. We will find out this Friday (September 27th) what kind of increases have been approved and what to expect in the coming months.

Chances are good that you've heard the term deductible or even paid a deductible before if you've had an insurance claim in the past. But, what is a deductible. But, what else do you know about deductibles? Is there anything else to know? Watch as Kelsey from Armour Insurance's Edmonton branch answers my questions on deductibles.

If you've ever had an auto insurance claim you may have heard on of the drivers in the claim referred to as the "at fault" party. That's because most car insurance claims are paid by the at fault party's insurance company. So what happens if you don't know who the at fault party is? What happens in a Hit and Run. We sat down with Tammy Moody, Armour Insurance's, personal line's manager to find out if a hit and run accident will leave you high and dry.

If you're anything like me, this may sound familiar. I received my insurance renewal in the mail with updated pink cards enclosed last year. But, rather than opening the letter, reviewing my coverages and putting my new pink cards directly into my vehicle, I put it on the bureau to review later. Then 3 months later, I got pulled over for pulling a u-turn right in front of an undercover police officer and discovered that my pink cards are still at home on the bureau. Now, with Armour Mobile, your pink card and all of your insurance information is always at your fingertips. 

President of Armour Insurance, Rob Marusin, visited the 630 Ched studios over the holidays to discuss Auto Insurance in Alberta. It's a hot topic for us right now and worth a listen for anyone has or will have purchased auto insurance in Alberta in the next year. If you missed it live, you can listen to the whole interview below: 

It’s a phone call that’s never fun to take: a client has a car that’s been in the family for generations. To them, it’s priceless and impossible to replace. And it’s just been totaled. We know that the insurance company will take the wreckage for salvage, until now that is.

Liability insurance is designed to protect you from expenses incurred from damage to property or physical injury that you are legally responsible for, but it has a limit. Watch this webinar to find out how much liability insurance is enough to protect you when the unexpected happens. Rescheduled for Friday, November 30th at 1PM.

You may have noticed that shopping for an auto insurance policy in Alberta has become increasingly frustrating over the last little while. With increases in claim costs and government capping Alberta auto insurance providers are finding themselves losing money. Here's what you need to know about what is happening to auto insurance in Alberta right now.

At my local gas station this morning, regular gas was selling for $1.24/L and premium was 14¢ more expensive at $1.36/L. That's a whopping $8.40 difference if I were to fill my 60L tank. Not as much as I expected actually, but I will be putting regular gas in my car anyways. So why spend the extra $8?