Get the free Alberta Standard Automobile Policy (S.P.F. No. 1)

This document outlines the terms and conditions of automobile insurance coverage in Alberta, including third party liability, accident benefits, and loss or damage to the insured automobile.

How to fill out alberta standard automobile policy

How to fill out Alberta Standard Automobile Policy (S.P.F. No. 1)

1. Gather necessary information: Collect personal details like your name, address, and driver's license number.
2. Vehicle information: Provide details of the vehicle you want to insure, including make, model, year, and Vehicle Identification Number (VIN).
3. Coverage selection: Choose the type of coverage you want, such as liability, collision, or comprehensive.
4. Premium calculations: Review your options and calculate the premium based on selected coverages and deductibles.
5. Discounts: Check for any potential discounts that apply to you, such as safe driver discounts or multi-policy discounts.
6. Complete application: Fill out the application form with all the gathered information accurately.
7. Submit the application: Review the completed application for errors, then submit it to the insurance provider.
8. Review policy documents: Once approved, carefully read through the policy documents you receive to understand your coverage and obligations.

Who needs Alberta Standard Automobile Policy (S.P.F. No. 1)?

1. Individuals who own or operate a vehicle in Alberta require an Alberta Standard Automobile Policy to meet legal insurance requirements.
2. Anyone seeking financial protection against liabilities arising from vehicle accidents or damages should obtain this policy.
3. People interested in insuring multiple vehicles can benefit from this policy to ensure comprehensive coverage for their entire fleet.
4. Those who want to protect their investment in a vehicle against theft, vandalism, or natural disasters need this policy.

People Also Ask about

What auto insurance is mandatory in Alberta?

In Alberta, basic automobile insurance (accident benefits and third party liability) is required by law. Additional insurance coverage (such as collision and comprehensive) is not required by law.

What are three types of coverage in Alberta?

There are 3 types of mandatory coverages in Alberta: Third Party Liability, Direct Compensation for Property Damage (DCPD), and Accident Benefits. You can use endorsements to tailor your car insurance to better fit your needs.

Do I have to pay deductible if I was not at fault in Alberta?

Will I have to pay a deductible if I'm in a no-fault accident in Alberta? If you're not at-fault, you will not have to pay a deductible. Your auto insurance will pay for damage to your vehicle.

How much liability insurance do I need in Alberta?

The minimum requirement for mandatory auto insurance in Alberta is: Third Party Liability ($200,000), Direct Compensation – Property Damage, and Accident Benefits coverage.

Is Alberta switching to no-fault insurance?

The government is planning to switch to a “Care-First insurance system,” which is no-fault insurance. On March 24, 2025, the Alberta government introduced Bill 47: The Automobile Insurance Act into the legislature as a proposed piece of legislation. So, what does this mean?

What car insurance is mandatory in Alberta?

To operate private passenger and commercial vehicles in Alberta, drivers must have auto insurance with a minimum of $200,000 in third-party liability and accident benefits coverage. Most Alberta drivers purchase coverage in excess of this minimum legal requirement.

Do you need collision insurance in Alberta?

Third Party Liability, Direct Compensation for Property Damage (DCPD), and Accident Benefits insurance coverages are all mandatory for driving in Alberta. Because, Collision and Comprehensive coverages are not mandatory, you may assume you don't need them and can save money by not including them in your policy.

For pdfFiller’s FAQs

What is Alberta Standard Automobile Policy (S.P.F. No. 1)?

The Alberta Standard Automobile Policy (S.P.F. No. 1) is a mandatory insurance policy that provides liability coverage for automobile owners in Alberta, Canada. It includes coverage for bodily injury, property damage, and insured's legal liability arising from the ownership or use of an automobile.

Who is required to file Alberta Standard Automobile Policy (S.P.F. No. 1)?

All vehicle owners in Alberta must file the Alberta Standard Automobile Policy (S.P.F. No. 1) in order to comply with provincial legal requirements for automobile insurance.

How to fill out Alberta Standard Automobile Policy (S.P.F. No. 1)?

To fill out the Alberta Standard Automobile Policy (S.P.F. No. 1), individuals should provide accurate information regarding the insured vehicle, including VIN, make, model, and year, along with details of the policyholder and any other relevant coverage information as stipulated in the policy forms.

What is the purpose of Alberta Standard Automobile Policy (S.P.F. No. 1)?

The purpose of the Alberta Standard Automobile Policy (S.P.F. No. 1) is to ensure that vehicle owners have a basic level of liability coverage to protect themselves and others in case of accidents, thereby promoting public safety on the roads.

What information must be reported on Alberta Standard Automobile Policy (S.P.F. No. 1)?

The information that must be reported on the Alberta Standard Automobile Policy (S.P.F. No. 1) includes the policyholder's details, the vehicle's specifics (make, model, year, and VIN), coverage limits, and any endorsements or additional coverages that may apply.