According to newly released data from Insurance Bureau of Canada (IBC), auto theft claims costs in Alberta rose 55% between 2021 and 2023. Notably, theft claims costs went up a staggering 65% in Ed...
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of Calgary. It also advises against setting up a non-profit, government-run insurance system... of auto insurance below the cost of delivering that product," he said. As a result...
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. ...
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. ...
In Calgary, driving isn’t always easy. Drivers must face weather that can change quickly, and heavy traffic during rush hours. Regardless, you’ll always require car insurance, whether you are a dai...
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