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DCPD For Alberta Car Insurance: What is it and how does it work?

By Jake McCoy on May 11, 2023 10:45:00 AM

DCPD is an insurance acronym that stands for Direct Compensation for Property Damage. DCPD was introduced in Alberta on January 1, 2022, as a part of the Alberta governments auto insurance reform measures. DCPD is used in several Canadian provinces including, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland. The results of DCPD have been faster claims response, consistent treatment during claims, and drastically lower litigation costs.

Topics: Auto Insurance Car Insurance Car Insurance Edmonton DCPD

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