SGI Auto Insurance Fundamentals Flashcards

What does optional collision coverage pay for?

Answer: Damage to your own vehicle when it collides with another object or vehicle

Optional collision coverage pays to repair or replace your own vehicle when damaged in a collision, minus the deductible.

What does optional comprehensive coverage include?

Answer: Damage from fire, theft, vandalism, weather, and other non-collision events

Comprehensive coverage protects against losses not caused by a collision, such as fire, theft, hail, flooding, and vandalism.

What is a deductible in auto insurance?

Answer: The amount the insured pays out-of-pocket before insurance covers the rest

A deductible is the portion of a claim the policyholder must pay themselves before SGI or the insurer covers the remaining amount.

What is the SGI driver's licence medical review process used for?

Answer: To assess whether a driver's medical condition affects their ability to drive safely

SGI's medical review process evaluates whether a driver's health condition may impair their ability to operate a vehicle safely.

In Saskatchewan, when must a new vehicle be registered with SGI?

Answer: Within 10 days of purchase or before driving on public roads

A newly purchased vehicle must be registered with SGI within 10 days of purchase or before it is driven on public roads, whichever comes first.

What is the SGI claim process first step after a vehicle collision?

Answer: Report the collision to SGI and document the scene

The first step is to report the collision to SGI as soon as possible and gather documentation including photos, witness information, and a police report if applicable.