Saskatchewan Auto Insurance Deductibles: Basic Plate vs Extension
A deductible is the portion of an insured vehicle loss the owner pays before Basic plate physical-damage coverage responds. Extension policies can change the deductible, so comparisons should use the actual deductible shown on each policy.
What to know
Use the source definition and confirm the current vehicle, policy or driver details before applying it to a personal situation.
Use the source definition and confirm the current vehicle, policy or driver details before applying it to a personal situation.
Use the source definition and confirm the current vehicle, policy or driver details before applying it to a personal situation.
Use the source definition and confirm the current vehicle, policy or driver details before applying it to a personal situation.
The deductible belongs to the claim, not the premium
A lower deductible can reduce what the owner retains after a covered loss, but usually changes the optional premium. Comparing two policies requires looking at both the annual cost and the retained claim amount.
Responsibility can change who ultimately bears the deductible
SGI explains that when another identifiable Saskatchewan driver or owner is responsible for the damage, that person's insurance can reimburse the deductible and other reasonable covered out-of-pocket costs.
Payment-plan eligibility is not the same as deductible reduction
The SGI Deductible Payment Plan spreads an eligible deductible over time. It does not convert a higher deductible into a lower one and should not be described as extra insurance coverage.
Verify the current SGI rule
Vehicle rates, program rules and coverage wording can change. Use the official SGI source below before making a purchase or renewal decision.
SGI — Vehicle registration and Basic insurance deductible →