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Alberta’s superintendent of insurance is warning consumers to be wary of unlicensed insurance agents when buying car insurance.
Canadians who move overseas for a period of time say when they return home, they're quoted auto insurance rates a new driver would pay because some insurance companies aren't factoring in their previous driving experience within Canada or abroad. "It's definitely not fair," said Lester Alberts, who worked in the oil industry in Saudi Arabia for seven years before returning to Calgary in 2020. When he came back, he said, he tried to get auto insurance, but the first two insurers he approached quoted him roughly $3,500 a year. ...
, Collision ; Purpose, Covers the cost of repairing damage to your vehicle caused by a rollover or a collision with another vehicle or object. ; Deductible Options, $500 $1,000
Could Alberta's auto insurance rate cap lead to higher premiums for all drivers in the long run? Let’s find out.
The province of Alberta should remove caps on insurance premiums, lower the provincial insurance tax rate and introduce a limited form of no-fault coverage, says a new report prepared for the Insurance Bureau of Canada (IBC). The report was written by economist Jack Mintz, the President's Fellow of the School of Public Policy at the University of Calgary. It also advises against setting up a non-profit, government-run insurance system, as has been done in B.C., Saskatchewan, Manitoba and Quebec. ...
The province of Alberta should remove caps on insurance premiums, lower the provincial insurance tax rate and introduce a limited form of no-fault coverage, says a new report prepared for the Insur...
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He wanted a brand new car — a Chevrolet Cruze with all the trimmings. As a man in his early 20s, he knew his insurance costs would be high. So he became a woman, though only on paper.