Hello. I am not in the Insurance Industry. I am in the process of an Annual Renewal of one of my Auto Policies for January 2020 and just spent an hour with my Provider to go through all my options
as news is spreading that some Alberta Auto Insurance Policy Holders can be in for significant increases in the new year (2020). This because the Alberta Government will be no longer
holding Annual Insurance Renewals to maximum 5% increases per year. So be aware and consider calling your provider before the New Year to discuss all your options. I just did and
am happy that I did (no specifics will be disclosed). Regardless if this finds you absolutely fine, this is just a warning in the event that you might not be.
One significant item is that some/most Providers require a road-worthy inspection report for cars older than 10-12 years.
I recently found that if you join the Shaganappi Chevrolet Cruisers in Calgary, you will be able to obtain your report with a 20% discount in Shag's fee.
Combining the report with other service can potentially save on a report fee as well. Sadly, the report is required
only within a specified time frame prior to the renewal date and reports are only valid for about 14 days. What a pain !
I witnessed a recent inspection and noticed a specific item on it ... read on.
Most significant now is performance modifications. Insurance Companies will look for an "out" in the claim process and modifications is something that contravenes coverage
in the small print of most policies. So there is no "game playing" here. You will only run into an issue though, in a claims process. So if saying, oh well it won't hurt if they don't know,
consider an at-fault injury claim that results in not being covered. This will be common for owners of the modified what-nots in high school parking lots (so I was told).
With our Corvettes (and perhaps daily-drivers as well), we have to disclose any increase in performance that occurs from a replacement part that is not OEM - this matters with some Insurance Providers (not all).
Insurance adjusters and road-worthiness reports may soon, if not already have a box to check in regard to performance modifications. (See message number 7 in this thread)
Hence the reason for this thread as a CCF public service.
As we all have a month-and-a-half before new year ... I just thought it best to send this out to our Alberta Crowd for their Personal Daily Drivers and their Corvettes.
Hoping to to hear that most are not experiencing significant increases ... my call today kept my increase to 5% for the next year on my Daily Drivers
I've added a poll to this thread (just for the hell of it) for Alberta readers to judge how others might have found this helpful by being on top of this anticipated 2020 increase that News has been spewing out.
This is of no use to those insured outside of Alberta, so please do not partake in the poll if you are. Thank you
For anyone without worries in regard to increased personal expenses or those with experiences outside of Alberta,
Thank you for reading and please just overlook this thread ... it is appreciated that this does not derail.
as news is spreading that some Alberta Auto Insurance Policy Holders can be in for significant increases in the new year (2020). This because the Alberta Government will be no longer
holding Annual Insurance Renewals to maximum 5% increases per year. So be aware and consider calling your provider before the New Year to discuss all your options. I just did and
am happy that I did (no specifics will be disclosed). Regardless if this finds you absolutely fine, this is just a warning in the event that you might not be.
One significant item is that some/most Providers require a road-worthy inspection report for cars older than 10-12 years.
I recently found that if you join the Shaganappi Chevrolet Cruisers in Calgary, you will be able to obtain your report with a 20% discount in Shag's fee.
Combining the report with other service can potentially save on a report fee as well. Sadly, the report is required
only within a specified time frame prior to the renewal date and reports are only valid for about 14 days. What a pain !
I witnessed a recent inspection and noticed a specific item on it ... read on.
Most significant now is performance modifications. Insurance Companies will look for an "out" in the claim process and modifications is something that contravenes coverage
in the small print of most policies. So there is no "game playing" here. You will only run into an issue though, in a claims process. So if saying, oh well it won't hurt if they don't know,
consider an at-fault injury claim that results in not being covered. This will be common for owners of the modified what-nots in high school parking lots (so I was told).
With our Corvettes (and perhaps daily-drivers as well), we have to disclose any increase in performance that occurs from a replacement part that is not OEM - this matters with some Insurance Providers (not all).
Insurance adjusters and road-worthiness reports may soon, if not already have a box to check in regard to performance modifications. (See message number 7 in this thread)
Hence the reason for this thread as a CCF public service.
As we all have a month-and-a-half before new year ... I just thought it best to send this out to our Alberta Crowd for their Personal Daily Drivers and their Corvettes.
Hoping to to hear that most are not experiencing significant increases ... my call today kept my increase to 5% for the next year on my Daily Drivers
I've added a poll to this thread (just for the hell of it) for Alberta readers to judge how others might have found this helpful by being on top of this anticipated 2020 increase that News has been spewing out.
This is of no use to those insured outside of Alberta, so please do not partake in the poll if you are. Thank you
For anyone without worries in regard to increased personal expenses or those with experiences outside of Alberta,
Thank you for reading and please just overlook this thread ... it is appreciated that this does not derail.
Last edited:
... was my original thought but I took the opportunity for when a thread of mine gets derailed ... playing it safe as I cannot upset the OP this way 
