Saskatoon Auto Insurance

Auto Insurance things that you should know

You need peace of mind more than any other thing with your Saskatoon auto insurance. You also need coverage that provides all-round protection in case of an accident or collision.

While Saskatchewan SGI will provide you with basic coverage, you need more comprehensive coverage. Saskatoon auto insurance provides you two options to choose: No-Fault coverage and Tort coverage. The coverage you choose determines the benefits and features you will get, so you have to choose wisely.

Our insurance advisors can help you choose the best Saskatoon auto insurance coverage. The insurance advice and guidance come handy in helping you to make the right decision and choose appropriate coverage that will enable you to save.

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Best Driving Schools in Saskatoon

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Saskatoon Collision Reporting Centers

If you are involved in a vehicle collision that resulted to no physical injuries, with registered vehicles in Saskatchewan, no criminal driving activities, and the vehicles are still drivable, you should report the collision directly to the Saskatchewan Government Insurance without notifying the police.

Before reporting the collision, you are advised to move the damaged vehicle off the road to avoid impeding traffic and exchange information at the side of the road. Information such as the driver’s license number, vehicle license plate number, and the current date, time and location should be collected.

The collision can be reported at the SGI website or through Dial-a-Claim service at 306-683-2100. However, if any of the above conditions are not met, it is required that you contact the Saskatoon Police at 306-975-8300.

In case of hit and run collision, you must report the case to the Saskatoon Police Service before your claim can be processed by SGI. The Saskatoon Police are open every day from 7:00 am to 11:00 pm. If the collision results to injury and you suspect criminal activity, call 911 to report the case immediately to the Saskatoon Police Service.

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Saskatoon Auto Insurance News

According to Andrew Cartmell, president of Crown corporation, SGI has spoken with 16 companies about a potential partial sale following legislation passed in April 2017 by the Saskatchewan government which gave room for the corporation’s partial sale.

Cartmell said that no obvious progress has been made even though some interests have been recorded. Joe Hargrave, Crown Investments Corporate Minister said when it comes to exploring a proposal for partial sale, there is no timeline. He added that even after the partial sale, the head office of SGI would remain in the province and also the jobs.

In 2016 – 2017, the Saskatchewan Auto Fund processed close to $800 million in claims. This includes $26.7 million in net storm claims. SGI Canada offers property and casualty insurance in Manitoba, Alberta, Saskatchewan, and British Columbia.

SGI Canada recorded $65.2 million in profit in 2016-2017, with $738.9 million in premiums, 32.3% of which were written outside Saskatchewan. SGI Canada paid a dividend of $43 million the Crown Investments Corporation of Saskatchewan.

Carla Beck, NDP Crown Investments critic questions the potential partial sale of the Crown to the private sector, citing the growth of SGI in the industry. She said that the provincial government applied a 6% increase by applying the PST to insurance premiums irrespective of the fact that SGI is doing their jobs and keeping rates low in the province.

She added that SGI’s dividend is in peril due to the potential partial sale.

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