Useful Links

Alberta Transportation Road Reports

https://511.alberta.ca/


Insurance Bureau of Canada

http://www.ibc.ca

Glossary

Appraiser:

A Practitioner who has the knowledge and expertise necessary to estimate the value of an asset, or the likelihood of an event occurring, and the cost of such an occurrence.


Adjuster:

An insurance company representative who investigates claims and makes settlement recommendations based on the estimate of the damages and the company's liability.


Without Prejudice (WOP):

Insurance carrier is agreeing to pay for certain dealings, it is not accepting the liability for those body sites until the record is further developed.


Policy Limit:

Is the dollar amount of the insurance available to pay all claims related to one occurrence for a specific coverage.


Deductible:

Refers to the dollar amount you are responsible to pay, first, in the event of a claim.  The insurance company is responsible for the amounts in excess of the deductible.