Find answers to common questions, industry term definitions, and more.
Your rate is determined using a combination of factors, including your personal characteristics, type of vehicle, coverage amount, deductible and insurance company.
There are three ways to purchase auto insurance in Alberta. Which option you choose is a matter of personal preference.
Many insurance companies and independent insurance quoting sites have tools to provide drivers with quotes.
The AIRB encourages you to shop the market and use our rate comparison tool.
The AIRB does not provide quotes or recommendations for auto insurance.
There are many things to consider when choosing auto insurance.
We encourage Albertans to shop the insurance market to find the right policy for them.
We also have tools to help you find an insurance company that meets your needs.
If you are interested in obtaining a quote, contact your agent, broker or direct writer, or refer to our list of auto insurance companies.
Learn who to contact with questions or concerns about your insurance rates.
Many factors affect how your insurance rate is calculated, such as inflation, theft, fraud, and changes in driving behaviour.
This rule ensures all Alberta drivers can obtain mandatory auto insurance coverage (third-party liability and accident benefits). Insurance companies cannot refuse this coverage to any new applicant or existing policyholder. There are a few exceptions where coverage can be refused, including non-payment of all or part of your coverage.
A grid step is a position on a scale that measures licensed experience and at-fault accident claims. Each step is associated with a percentage used in the grid rate calculation.
These steps are part of the Grid Rating Program, which sets maximum rates for basic auto insurance coverage (third-party liability bodily injury, property damage tort and accident benefits) that insurance companies can charge.
The number of collisions and driving experience determine a driver’s grid step.
Ride-share drivers should be aware the standard personal auto insurance policy excludes coverage for any vehicle used for carrying passengers for compensation or hire.
Learn more about the insurance needed to be a ride-share driver.
The Government of Alberta introduced DCPD as part of the Automobile Insurance Reforms announced in October 2020. It was effective for all policies in Alberta on January 1, 2022.
The main intent of this change is to provide Alberta drivers with an efficient way to process vehicle damage claims.
If a driver is in an accident, they will work directly with their insurance company instead of the other party’s insurance company. This process allows for a more efficient and customer-focused claims process. DCPD is part of the mandatory coverage for Alberta drivers.
DCPD changes who pays, not what is paid for.