SGI SGI Auto Insurance Fundamentals

Question 1

Who provides basic automobile insurance (plate insurance) in Saskatchewan?

Accepted Answer

SGI (Saskatchewan Government Insurance)

Answer

SGI provides mandatory basic plate insurance in Saskatchewan, covering third-party liability and accident benefits as a public insurer.

Question 2

What does SGI's basic plate insurance (AUTOPAC) cover?

Accepted Answer

Third-party liability, accident benefits, and uninsured motorist protection

Answer

Basic AUTOPAC coverage includes third-party liability, accident benefits for injury, and uninsured motorist protection.

Question 3

What is the minimum third-party liability coverage included in Saskatchewan's basic plate insurance?

Accepted Answer

$200,000

Answer

Saskatchewan's basic AUTOPAC plate insurance includes a minimum of $200,000 in third-party liability coverage.

Question 4

What does 'no-fault insurance' mean in Saskatchewan's context?

Accepted Answer

Injured parties receive benefits from SGI regardless of who caused the accident

Answer

Under Saskatchewan's no-fault system, injured individuals receive accident benefits from SGI without needing to prove the other driver was at fault.

Question 5

What is the purpose of the SGI Safety Rating?

Accepted Answer

To reward safe drivers with discounts and penalize at-fault drivers with surcharges

Answer

The SGI Safety Rating system adjusts insurance premiums based on a driver's at-fault accident and traffic conviction history.

SGI - Saskatchewan Government Insurance Corporation Practice Test