SGI SGI Auto Insurance Fundamentals 2

Question 1

What does optional collision coverage pay for?

Accepted Answer

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

Answer

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

Question 2

What does optional comprehensive coverage include?

Accepted Answer

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

Answer

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

Question 3

What is a deductible in auto insurance?

Accepted Answer

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

Answer

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

Question 4

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

Accepted Answer

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

Answer

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

Question 5

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

Accepted Answer

Within 10 days of purchase or before driving on public roads

Answer

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.

SGI - Saskatchewan Government Insurance Corporation Practice Test