Auto insurance in Alberta is mandatory for all drivers, and it provides financial protection in the event of an accident, theft, or damage to your vehicle. Alberta's auto insurance system is a no-fault system, which means that your own insurance company will pay for your damages, regardless of who is at fault in an accident.

There are several components to auto insurance in Alberta:

1. **Third-Party Liability Coverage**: This coverage protects you if you are held legally responsible for injuries or damages to someone else in an accident. The minimum required coverage in Alberta is $200,000, but most drivers opt for higher limits to protect their assets in case of a lawsuit.

2. **Accident Benefits Coverage**: This coverage provides benefits if you are injured in an accident, regardless of who is at fault. Benefits can include medical expenses, rehabilitation, and lost income.

3. **Uninsured Motorist Coverage**: This coverage protects you if you are in an accident with an uninsured or Auto insurance Alberta unidentified driver.

4. **Direct Compensation Property Damage (DCPD)**: This coverage allows you to claim for damage to your vehicle caused by someone else's negligence, without having to sue the at-fault driver.

5. **Collision Coverage**: This coverage pays for damage to your vehicle caused by a collision with another vehicle or object, regardless of fault.

6. **Comprehensive Coverage**: This coverage pays for damage to your vehicle caused by events other than collisions, such as theft, vandalism, or weather-related damage.

When shopping for auto insurance in Alberta, it's important to compare quotes from multiple insurance companies to ensure you're getting the best coverage at the best price. You can also consider factors such as the insurance company's reputation for customer service and claims handling, as well as any discounts you may be eligible for, such as multi-vehicle or safe driver discounts.