Which Insurance Company Covers The Damage To My Vehicle If I Was In An Accident

Alberta Auto Insurance FactsWhat is Direct Compensation for Property Damage (DCPD) in Alberta?

Since January 1, 2022, Alberta has included the Direct Compensation for Property Damage (DCPD) coverage in all auto insurance policies. The DCPD coverage replaced the previous property damage portion of the third-party liability coverage in auto policies. The main purpose of this auto insurance reform was to streamline property damage claims and make the system more efficient for people involved in no-fault accidents.

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Mitigating Your Losses After an Accident

Duty to Mitigate Your Losses After an Accident

The concept of mitigation is closely related to managing risk and personal responsibility. It is frequently described by the phrases ‘mitigating your losses’ or someone having a ‘duty to mitigate.’ While mitigation is a legal concept, it is rooted in everyday personal responsibility for lessening your losses. Mitigating your losses simply refers to taking reasonable steps after suffering a loss to decrease the impact of that loss. This guards against it getting worse in the future. For example, if you got a cut, you would clean and bandage it instead of bleeding out.

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