SGI Restricted Auto Basic 3

Question 1

Under SGI's Restricted Auto Basic, what happens to your premium if you are involved in an at-fault collision?

Accepted Answer

Your SGI driving record may be affected, potentially increasing future premiums

Answer

An at-fault collision is recorded on your SGI driving record and can result in higher premiums at renewal.

Question 2

Which of the following vehicles is eligible for Restricted Auto Basic coverage through SGI?

Accepted Answer

A privately owned passenger vehicle registered and plated in Saskatchewan

Answer

Restricted Auto Basic applies to privately owned vehicles that are registered and plated in Saskatchewan.

Question 3

If your vehicle is declared a total loss under SGI's Restricted Auto Basic, what does SGI typically pay?

Accepted Answer

The actual cash value (ACV) of the vehicle at the time of loss

Answer

SGI pays the actual cash value — the market value of the vehicle just before the loss — when a vehicle is totalled.

Question 4

Vandalism to a vehicle parked on a public street is covered under which component of Restricted Auto Basic?

Accepted Answer

Comprehensive (non-collision) coverage

Answer

Vandalism is a non-collision peril covered under the comprehensive section of Saskatchewan's basic plate insurance.

Question 5

A driver lends their vehicle to a friend, who then causes an accident. Under SGI's Restricted Auto Basic, who is primarily covered for third-party liability?

Accepted Answer

Both the owner and the licensed driver operating with permission are covered

Answer

SGI's basic plate coverage follows the vehicle, extending liability protection to the owner and any licensed driver operating with permission.

SGI - Saskatchewan Government Insurance Corporation Practice Test

SGI - Saskatchewan Government Insurance Corporation Practice Test

SGI Restricted Auto Basic 3