Understanding Auto Insurance

Liability (Section A):

Armour Insurance Group recommends $2,000,000 and many insureds are opting for a personal umbrella option that increases limits up to $5,000,000 on Automobile and Personal Property. This coverage pays for injury to others and damage to their property.

Legal Liability for Physical Damage to a Non-Owned Automobile (SEF 27):

This endorsement extends the physical damage coverage to a non-owned automobile, such as a rented or borrowed automobile. Coverage is only available on private passenger type vehicles while in the care, custody or control of the named insured for a period of 30 days or less.

Accident Benefits (Section B):

This is a mandatory coverage in Alberta, providing limited medical protection, death benefits and lost wages.

Comprehensive Coverage:

Provides coverage for fire, theft and vandalism losses, as well as other losses that are not insured under collision coverage.

Loss of Use Endorsement (SEF 20):

This provides coverage for reasonable expenses incurred for the rental of a substitute vehicle when the insured suffers an insured loss.

Physical Damage (Section C):

Collision or Upset Coverage: Provides coverage for your vehicle in the event of a collision with another object or upset.

Family Protection Endorsement (SEF 44):

This feature is mandatory and helps you when another party injures you in an automobile accident and they carry inadequate insurance to compensate.

Limited Waiver of Depreciation Endorsement (SEF 43):

If you purchase a new vehicle this provides coverage for up to two years and reimburses your purchase price of the vehicle for a total insured loss.