SGI SGI Auto Insurance Fundamentals 1 — Questions and Answers
Question 1: Who provides basic automobile insurance (plate insurance) in Saskatchewan?
- SGI (Saskatchewan Government Insurance) (Correct answer)
- Private insurance companies
- The federal government
- Individual municipalities
Correct answer: SGI (Saskatchewan Government Insurance)
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?
- Third-party liability, accident benefits, and uninsured motorist protection (Correct answer)
- Only collision damage
- Only fire and theft
- Comprehensive coverage for all risks
Correct answer: Third-party liability, accident benefits, and uninsured motorist protection
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?
- $200,000 (Correct answer)
- $50,000
- $1,000,000
- $500,000
Correct answer: $200,000
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?
- Injured parties receive benefits from SGI regardless of who caused the accident (Correct answer)
- Nobody is found at fault for any accident
- At-fault drivers are never penalized
- Fault is determined after benefits are paid out
Correct answer: Injured parties receive benefits from SGI regardless of who caused the accident
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?
- To reward safe drivers with discounts and penalize at-fault drivers with surcharges (Correct answer)
- To determine vehicle registration fees only
- To score driving tests
- To assess vehicle safety inspection results
Correct answer: To reward safe drivers with discounts and penalize at-fault drivers with surcharges
The SGI Safety Rating system adjusts insurance premiums based on a driver's at-fault accident and traffic conviction history.
Question 6: What is the consequence of driving without valid SGI plate insurance in Saskatchewan?
- Significant fines, vehicle impoundment, and suspension of registration (Correct answer)
- A verbal warning only
- A minor fine with no other consequences
- Loss of driving privileges for life
Correct answer: Significant fines, vehicle impoundment, and suspension of registration
Driving without valid plate insurance in Saskatchewan results in substantial fines, possible vehicle seizure, and loss of registration.
SGI SGI Auto Insurance Fundamentals 1
Who provides basic automobile insurance (plate insurance) in Saskatchewan?