Policy Changes
Click on your policy type to learn more
- Commercial Auto
- Commercial Auto - Garage
- Personal Auto
- Personal Property
- Payment Plan
- Niche Specialty Property
- Difference in Conditions, Deductible Amounts and Limits of Insurance
- Commercial Property and Casualty - Crime
- Commercial Property and Casualty - Business Interruption
- Commercial Property and Casualty - Liability
- Commercial Property and Casualty - Property
Commercial Auto
SUMMARY OF KEY CHANGES FOR COMMERCIAL
VEHICLES – Alberta
We previously shared with you that Royal & Sun
Alliance Insurance Company of Canada (“RSA”) was acquired
by Intact Financial Corporation. As a result, your RSA insurance
policy is being transferred to Intact
Insurance Company (“Intact Insurance”) on your policy‘s renewal date.
As part of the transition to Intact Insurance, certain coverages on your
existing policy may have been reduced/removed or enhanced/increased. The main
coverage changes are listed below; please read the content carefully.
This is
only a summary of the changes that may impact your coverage. Please refer to
your insurance policy which provides the full details of your coverage,
including a full list of conditions and exclusions. If you have questions about
your policy or these changes, please contact your broker.
Deductible changes for All Perils,
Collision, Comprehensive and Specified Perils
Your deductibles may have changed. If the deductible you had
previously at RSA is not available at Intact Insurance, it has been changed to
the next lowest available.
Deductibles are based upon vehicle weight and List Price
New (LPN). LPN is the Manufacturer's Suggested Retail Price (MSRP) at the time
of purchasing a new vehicle, excluding tax. It also includes the installed cost
of any permanently attached equipment.
The minimum deductible
requirements are outlined below:
·
When
LPN is less than $85,000, minimum deductibles are $500.
·
When
LPN is $85,000 or more, the minimum deductible will be 5% or more of the LPN.
Endorsements
The following endorsements have seen
changes in coverage, limits, deductibles, or have been removed. Please review
to see how your policy may have been affected.
|
Endorsement |
Changes |
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|
SEF 8A - Property Damage
Reimbursement for Operation by Named Person (Section A only) |
|
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SEF 20 – Loss of Use |
Your limits may have
changed. Please review the following chart to see your new limits:
Daily limit no longer
applies.
|
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|
SEF 27 – Legal Liability for
Damage to Non-Owned Automobile |
Your
limit or deductible may have changed. Please review the following chart to
see your new limits:
SEF
27 endorsement is no longer available where the vehicle does not have all
perils or collision and comprehensive or collision and specified perils
coverage
|
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|
SEF 28 - Reduction of Coverages
as Respects Operation by Named Person(s) |
Your limit may have changed. Please review below
for your new limit:
|
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|
SEF 28A – Reduction of Coverage as
Respects to Operation on Airport Property SEF 28B – Reimbursement of Claim Paid
on Airport Property |
If your policy has the SEF
28A attached, it will be removed and amended to the SEF 28B with the limits
below. Contact your broker for more details.
|
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SEF 39 - Accident Rating Waiver |
Depending on your claims history, convictions and vehicle use, SEF 39 may no
longer be available. Please review your policy documents for details or
review with your broker. |
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|
SEF 43R – Limited Waiver of
Depreciation |
|
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SEF 44 – Family Protection |
Your new limit will be
equal to the third party liability limit unless
otherwise specified in your policy documents. |
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Elite Protection Plan Plus |
|
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CAE 6 – One Deductible for
Multiple Policies |
This
endorsement may have been added at no additional charge for multiple
policies. |
Higher limits may be available for some endorsements. For
more information about these changes or additional benefits that may be
available to you, please contact your broker.
Commercial Auto - Garage
To learn about the personal property changes, read here.
Personal Auto
Personal Auto - Alberta
We
previously shared with you that Royal & Sun Alliance Insurance
Company of Canada (“RSA”) was acquired by Intact Financial
Corporation. As a result, your RSA insurance policy is being transferred
to Intact Insurance Company (“Intact Insurance”) on
your policy‘s renewal date.
As part of the transition to
Intact Insurance, certain coverages on your existing policy may have been
reduced/removed or enhanced/increased. The main coverage changes are listed
below; please read the content carefully.
This is only a summary of the changes that may impact
your coverage. Please refer to your insurance policy which provides the full
details of your coverage, including a full list of conditions and exclusions.
If you have questions about your policy or these changes, please contact your
broker.
Summary
of Key Changes for Private Passenger Vehicles
Deductible changes
Your deductible may have changed. Please review the chart below to see
your new deductible.
|
Your Previous
Deductible |
Your New Deductible |
|||
|
All Perils |
Collision |
Comprehensive |
Specified Perils |
|
|
$100 |
$500 |
$250 |
$500 |
$500 |
|
$300 |
$500 |
$500 |
$500 |
$500 |
|
$500 |
$500 |
$500 |
$500 |
$500 |
|
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
$1,500 |
$1,500 |
$1,500 |
$1,500 |
$1,500 |
|
$2,000 |
$1,500 |
$1,500 |
$1,500 |
$1,500 |
|
$2,500 |
$2,500 |
$2,500 |
$2,500 |
$2,500 |
|
$3,500 |
$3,000 |
$3,000 |
$3,000 |
$3,000 |
|
$5,000 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$6,000 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$7,000 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
|
$8,000 |
$10,000 |
$10,000 |
$10,000 |
$10,000 |
|
$9,000 |
$10,000 |
$10,000 |
$10,000 |
$10,000 |
|
$10,000 |
$10,000 |
$10,000 |
$10,000 |
$10,000 |
Endorsements
The following endorsements have seen changes in
coverage or in limits or have been removed. Please review to see how your
policy may have been affected.
|
Endorsement |
Changes |
|
|
SEF 4A – Permission to Carry Explosives |
This type of coverage is not provided under
an Intact Insurance private passenger vehicle policy. Your broker will be
able to advise on alternative options. |
|
|
SEF 4B – Permission to Carry Radioactive
Material |
This type of coverage is not provided under
an Intact Insurance private passenger vehicle policy. Your broker will be
able to advise on alternative options. |
|
|
SEF 8 – Property Damage Reimbursement |
This type of coverage is not provided under
an Intact Insurance private passenger vehicle policy. Your broker will be
able to advise on alternative options. |
|
|
SEF 8A – Property Damage Reimbursement for
Operation by Named Person (Section A Only) |
Previous Deductible |
New Deductible |
|
$200,000 |
$25,000 |
|
|
SEF – 19A Valued Automobile |
This coverage is not available for private
passenger vehicles. Antique, Classic and Limited Addition vehicles continue
to be eligible. |
|
|
SEF 20 – Loss of Use |
Your limits may have changed. Please review
the following chart to see your new limits: |
|
|
Previous Limit |
New Limit |
|
|
$750 |
$750 |
|
|
$1,000 |
$1,000 |
|
|
$1,200 |
$1,500 |
|
|
$1,501 to $2,500 |
$2,500 |
|
|
$2,501 or above |
$5,000 |
|
|
SEF 27 – Liability for Damage to Non-Owned
Automobiles |
This coverage is not
available at a policy level for private passenger vehicles. If you carried the SEF27 – Liability
for Damage to Non- Owned Automobiles previously on your policy, where
eligible it will be added separately to each qualifying private passenger
vehicle on the same policy with the limits as follows: |
|
|
Previous Limit |
New Limit |
|
|
$30,000 |
$50,000 |
|
|
$40,000 |
$50,000 |
|
|
$50,000 |
$50,000 |
|
|
$60,000-$80,000 |
$75,000 |
|
|
$90,000 or above |
$100,000 |
|
|
SEF 27 – Liability for Damage to Non-Owned
Automobiles |
Previous Deductible
within the SEF 27 |
New Deductible
within the SEF 27 |
|
$500 All Perils |
$250 Collision and |
|
|
SEF 28 – Reduction of Coverages as Respects
Operation by Named Person(s) |
Your limits may have changed. Please review
the following chart to see your new limits: |
|
|
Previous Limit |
New Limit |
|
|
$500,000 |
$200,000 |
|
|
SEF 30 – Excluding Operation of Attached
Machinery |
This type of coverage is not provided under
an Intact Insurance private passenger automobile policy. Your broker will be
able to advise on alternative options. |
|
|
SEF 30A – Excluding Attached Machinery |
This type of coverage is not provided under
an Intact Insurance private passenger automobile policy. Your broker will be
able to advise on alternative options. |
|
|
SEF 35 – Emergency Service Expense |
This coverage is replaced with Roadside
Assistance CAE 26. |
|
|
CAE1 – Restricted Permission to Drive for
an Insured Transportation Network |
If your policy carried the CAE 1 previously
attached it has been removed. The rating and use of your private passenger
vehicle has been updated to reflect your participation in a Ride Sharing
Program. |
|
|
Endorsement combinations |
Changes |
|
|
If you had a SEF20, SEF35 and SEF43R/43L (if eligible)
together on the same private passenger vehicle and carried a SEF27 on that
same policy with the following limits, the Plus Pac Option B will apply as follows: |
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|
Previous Limit |
New Limit |
|
|
SEF 20 – Loss of Use |
$750-$2,000 |
$2,500 |
|
SEF 27 – Liability for Damage to Non-Owned
Automobiles |
$30,000-$80,000 |
$50,000 |
|
SEF 35 – Emergency Roadside Expense |
This coverage has been replaced with the
CAE 26 Roadside Assistance: |
|
|
If eligible: SEF 43R – Limited
Waiver of Depreciation |
Where eligible, the SEF43R or SEF43L will
be added separately. |
|
Summary of Key
Changes for Antique and Classic Vehicles
|
Previous Policy |
Changes |
|
Third Party Liability limit |
If you previously had a third-party
liability limit greater than $2 million, your policy will renew with this
limit set at $2 million. |
Your deductible may
have changed.
|
Physical damage coverage and deductibles |
If you have All Perils coverage or Specific
Perils coverage, it will renew with Collision and Comprehensive. Depending on the value of your Antique or
Classic vehicle your physical damage coverage deductibles may have changed.
Please review your policy documents for details or review with your broker. |
Summary of Key Changes for Motorhomes
|
Previous policy |
Changes |
|
SEF 19 – Limitation of Amount |
This endorsement will automatically apply
if the motorhome has physical damage coverage. |
|
SEF 40 – Fire and Theft Deductible |
This endorsement will automatically apply
if the motorhome has physical damage coverage. |
|
Physical damage coverage and deductibles |
Depending on the value of your motorhome
your physical damage coverage deductibles may have changed. Please review
your policy documents for details or review with your broker. |
Summary of Key Changes for Trailers
and Camper Units
Deductible changes
Your deductible may have changed. All Perils
coverage and deductibles have been replaced with Collision and Comprehensive Please
review the chart below to see your new deductible.
|
Your Previous |
Your New Deductible |
||
|
Collision |
Comprehensive |
Specified Perils |
|
|
$100 |
$100 |
$100 |
$100 |
|
$250 or above |
$250 |
$100 |
$100 |
|
Previous policy |
Changes |
|
Third Party Liability Coverage with Premise
Liability |
Third Party Liability with Premise Liability has been removed. Third Party Liability coverage is
automatically extended from the towing vehicle. Your broker will be able to
advise on alternate options for Premise Liability coverage. |
|
Third Party Liability Coverage |
Third Party Liability has been removed, this coverage is
automatically extended from the towing vehicle. Your broker will be able to advise on
alternate options for this coverage. |
|
SEF 19 – Limitation of Amount |
This endorsement has been removed from your
trailer. |
Summary of Key
Changes for Snowmobiles
Deductible changes
Your deductible may have changed. Please review the
chart below to see your new deductible.
|
Your Previous |
Your New Deductible |
||||
|
All Perils |
Collision |
Comprehensive |
Specified Perils |
||
|
$100 |
$250 |
$250 |
$250 |
$250 |
|
|
$250 |
$250 |
$250 |
$250 |
$250 |
|
|
$500 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$2,000 or higher |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
Previous policy |
Changes |
|
SEF 19 – Limitation of Amount |
A fire deductible will now automatically
apply if the snowmobile has physical damage coverage. |
|
SEF 40 – Fire and Theft Deductible |
This endorsement will automatically apply
if the snowmobile has physical damage coverage. |
Key Changes for ATVs
Deductible changes
Your deductible may have changed. Please review the chart below to see
your new deductible.
|
Your Previous
Deductible |
Your New Deductible |
||||
|
All Perils |
Collision |
Comprehensive |
Specified Perils |
||
|
$100 |
$250 |
$250 |
$250 |
$250 |
|
|
$250 |
$250 |
$250 |
$250 |
$250 |
|
|
$500 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$2,000 or higher |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
Previous policy |
Changes |
|
|
SEF 19 – Limitation of Amount |
A fire deductible will now automatically
apply if the all terrain vehicle has physical damage coverage. |
|
|
SEF 32 – Recreational Vehicle |
This endorsement is automatically applied
to all terrain vehicles. |
|
|
SEF 40 – Fire and Theft Deductible |
This endorsement will automatically apply
if the all terrain vehicle has physical damage coverage. |
|
Summary of Key
Changes for Motorcycles
Deductible changes
Your deductible may have changed. Please review the
chart below to see your new deductible.
|
Your Previous |
Your New Deductible |
||||
|
All Perils |
Collision |
Comprehensive |
Specified Perils |
||
|
$100 |
$100 |
$100 |
$100 |
$100 |
|
|
$250 |
$250 |
$250 |
$250 |
$250 |
|
|
$500 |
$500 |
$500 |
$500 |
$500 |
|
|
$1,000 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$1,500 |
$1,000 |
$1,000 |
$1,000 |
$1,000 |
|
|
$2,000 or above |
$2,000 |
$2,000 |
$2,000 |
$2,000 |
|
|
Previous policy |
Changes |
|
CAE #19 - Legends Motorcycle Coverage |
You will now have access to this
coverage, as it was not previously available with RSA. This endorsement
is offered at no charge, but is subject to eligibility criteria. This
includes coverage for spare parts, emergency services expenses, towing to
your residence and costs for bus or air travel to return to your home if the
loss or damage is covered under the policy. Please review your policy
documents for details on limits and coverage or review with your broker. |
|
SEF 40 - Fire Deductible |
A fire deductible will now automatically apply
if the motorcycle has physical damage coverage |
Personal Property
To learn about changes to your policy, read here
Payment Plan
As part of the transition to Intact Insurance, your payment plan may be changing. Please review the table below and consult your statement of account, enclosed in your insurance policy package, to see which, if any, of the payment plan changes apply to you.
If you have questions, please call 1-855-388-5502 or contact your broker to discuss payment plan options.
Niche Specialty Property
To learn about changes to your policy, read here
Difference in Conditions, Deductible Amounts and Limits of Insurance
To learn about changes to your commercial policy, read here.
Commercial Property and Casualty - Crime
To learn about changes to your commercial policy, read here.
Commercial Property and Casualty - Business Interruption
To learn about changes to your commercial policy, read here.
Commercial Property and Casualty - Liability
To learn about changes to your commercial policy, read here.
Commercial Property and Casualty - Property
To learn about changes to your commercial policy, read here.