Alberta’s New Collision Reporting Threshold in 2024: What You Require to Know Alberta’s New Collision Reporting Threshold in 2024: What You Require to Know

Alberta’s New Collision Reporting Threshold in 2024: What You Require to Know

Jan 10 2024

Fast Update on Collision Reporting Procedures

Hey there Alberta! We’ve acquired a speedy replace that is actually value your curiosity. Beginning January 1, 2024, there’s a regulate in the collision reporting insurance policies in Alberta. It actually isn’t a major shake-up, however it’s a factor which will prevent a little bit of time and paperwork in the foreseeable future.

What’s Modifying?

Previous to this new rework, in case you have been being related in a car collision and the issues was estimated about $2,000, you needed to report it to the police. From 2024, this threshold is growing to $5,000.

Why the Change?

This change is a response to rising car restore service expenditures. It is designed to reduce the have to have to report slight damages, simplifying factors for you and the police.

What Doesn’t Modify

Important to bear in mind: the reporting requirements for collisions involving accidents or fatalities stay unchanged. Protection first, often!

How Does This Have an affect on You?

In fundamental phrases, for minor bumps and scrapes with harm lower than $5,000, you’ll unlikely want to file a regulation enforcement report. It streamlines the plan of action, releasing you from some pink tape.

We’re Here to Assist

If you have got questions on how this rework might affect your protection or simply want typical suggestions, bear in thoughts, we at To begin with Foundation are only a get in contact with or e mail absent. We are listed right here to support you along with your insurance coverage insurance policies desires, ensuring you is likely to be usually protected and educated.

Continue to be Educated

These tiny modifications could make a serious change in our every day life. Which is why we’re totally commited to preserving you up to date. For any insurance coverage plan queries – auto, property, enterprise – we’re utterly prepared to provide our expertise.

Arrive at Out Whenever

Questions or issues? Contact Veralin at this time! She’s right here to support you navigate these modifications with relieve.

Keep risk-free and knowledgeable, Alberta!