: The government handles specific types of claims, such as personal injury, while private insurers cover property damage. Australia ’s "Compulsory Third Party" (CTP) system is a prime example. Regional Highlights Primary Model Key Features Canada
: A government agency is the sole provider of all mandatory coverage. In Canada, provinces like Manitoba , Saskatchewan , and British Columbia use this model.
: Public systems often lack advertising and broker commission costs, potentially leading to lower base premiums. However, private systems argue that competition drives innovation and better customer service.
: State programs internalize the "social cost" of accidents, giving governments a direct financial incentive to invest in road safety and stricter licensing. Global Perspectives on Mandatory Insurance
Mandatory "CALI" insurance covers third-party injury with low limits; most drivers buy supplemental private policies for full protection. Public-Private
