Our brokers are highly competitive with combined home & auto insurance packages – give us a call or start an online quote today.
Finding the Right Car Insurance
Serving North and West Edmonton
Owning and operating any type of vehicle is a privilege that gives you more freedom. At the same time, driving is a responsibility, and that is why vehicle insurance is required by law. But what insurance plan is right for you? There are many plans, and your premiums can depend on your vehicle’s make, model and year, your driving record, and even where you live.
At Capital Insurance Brokers in Edmonton, we can help you with all your vehicle insurance questions and provide you with the right coverage, including:
What Does an Auto Insurance Policy Need to Include?
Insurance policies can vary from one person to another. Here, Capital Insurance Brokers has gathered information on some of the most common insurance coverages you will need in order to legally drive your vehicle:
Liability refers to the total amount of money (according to your policy) your insurance company pays out when you have been in a vehicle accident and are held legally liable for the other driver’s and their passengers’ injuries, as well as the damage to another person’s vehicle or property. Above the money limit in your liability policy, you are responsible for paying. That’s why, nowadays, most Albertans’ liability insurance is for $1 million or above. Furthermore, policies with higher limits ($2 million or more) are gaining in popularity.
Accident Benefits cover certain medical and death expenses not covered by your provincial health plan. This type of insurance also includes loss of income that resulted from your vehicle accident. Depending on which province you live in, you may find yourself entitled to additional benefits if you are a caregiver. Accident Benefits are paid no matter who was at fault for the accident.
You may want additional coverage to ensure you’re fully protected in the event of an automobile accident, fire, theft, or collision with an animal. Below are brief summaries of some of the most popular coverage options to consider.
Family Protection Endorsement
If you’re involved in an accident, Family Protection Endorsement is a benefit you receive when the other driver has less insurance coverage than you and cannot pay a claim for injury or death.
In the event of a collision where you are partially or totally at fault, this insurance coverage handles the cost of repair or replacement of your vehicle.
With this option, you’re covered for a myriad of perils other than collision, including fire, theft*, vandalism, hail, and impact with an animal running across the road. The important thing to remember is that this coverage applies to your vehicle only, not you or your passengers or any personal contents left in the vehicle.
Please note that comprehensive coverage does not cover theft of your vehicle by a member of your household or an employee whose job involves using or maintaining that vehicle.
Loss of Use
If your vehicle is damaged, stolen, or destroyed, Loss of Use covers temporary transportation costs including renting a vehicle or taking a bus. Your coverage is up to the maximum amount specific in your policy until your vehicle is repaired, recovered, or replaced.
Legal Liability for Damage to Non-Owned Automobiles
If you damage a rental vehicle in your care or control, this type of endorsement covers the expenses.
Accident Forgiveness is a type of coverage on your policy that forgives your first accident. This means that the rates for your car insurance in Edmonton won’t rise. Please note that this is only for individuals who have been licensed and accident-free for six years.
Limited Waiver of Depreciation
If your new car has been damaged in an accident beyond repair and has to be replaced, Limited Waiver of Depreciation protects you against the value loss or depreciation of your new vehicle. This type of coverage is only offered during the first two years of your vehicle lease or ownership. With this waiver, you may receive an amount up to the price paid to purchase or lease the vehicle or an amount based on the manufacturer’s suggested price.
That You May
Be Eligible For:
- Multi-policy discount
- Claims-free discount
- Conviction-free discount
- Discount for long-term drivers
- Discount for good credit rating
- Continuous insurance
Excellent coverage, personal service
Price is just one part of what sets apart Capital Insurance Brokers from our competitors. The real difference comes when you get to know us.
Each broker has a direct line, personal voicemail, and email – which means that you don’t have to worry about repeating the same story twice when you call in. In fact, most of our clients are on a first-name basis with us.
All of our brokers live and raise our families in Edmonton and surrounding areas – just like you – so we understand the challenges faced by Albertans as auto and home insurance rates continue to rise. That’s why we’re proud to have been able to help thousands of homeowners and business owners save money and protect their assets since we started in 2005 as small corner office in a Castledowns strip mall.
We can’t wait to meet you!
Here's what our clients are saying about us:
“Mackenzie never fails to impress”
Capital Insurance has been a dream to work with over the past two and a half years. When I purchased my first home, Mackenzie was extremely knowledgeable and thorough in getting the right coverage for me. I appreciate him taking the time to walk through all the options and not pushing unnecessary coverage! On his suggestion, we even found a way to combine my auto coverage and save a decent amount of cash.
On top of that, Mackenzie never fails to impress when handling change requests (often within a couple hours) and with follow-up calls if there are any changes made by my insurance provider.
10/10 would recommend!