Do I Need Collision or Comprehensive Auto Insurance in Alberta? Or Both?

There are three major components to auto insurance in Alberta: liability coverage, comprehensive coverage and collision coverage. In Alberta, it is mandatory that each vehicle owner be covered for at least $200,000 in Third Party Liability and Accident Benefits (the vast majority carry $1,000,000 or more), medical payments ($50,000 per person), disability income (80 percent…

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