Albertans pay some of the highest auto insurance premiums in the country — and despite increasing fees, some insurers say the business isn’t profitable here.
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...
Regions across Atlantic Canada are seeing alarming spikes in auto theft claims costs, according to newly released data from Insurance Bureau of Canada (IBC). Notably, Moncton theft claims costs sur...
For the first time, Insurance Bureau of Canada (IBC) is releasing a list of the Top 10 costliest cities in Ontario for auto theft claims. According to newly released data, auto theft claims costs h...
Legal costs to blame for high auto insurance in Alberta: Insurance Bureau of Canada Alberta announces limit on auto insurance hikes for 'good drivers' In an interview on Monday, auto...
The provincial government's cap on auto insurance rates for Albertans deemed good drivers was touted as a short-term affordability measure. But some Alberta drivers have noticed that the cap isn’t...
In 2022, the net claims incurred by the auto insurance segment in Canada amounted to approximately 16.3 billion Canadian dollars.
Wondering how to get the best car insurance in Canada? It’s tricky, as auto insurance rules vary from province to province, so that some auto coverages are mandatory and others optional. Add on the many factors influencing the premiums drivers pay, and there is no single best policy for Canadians. That said, you can find the best policy for you. Whether it’s you or a family member getting behind the wheel, this guide will walk you through the most commonly asked questions about car insurance...
December 08, 2022 · The report, commissioned by ICBC and supported by provincial auto insurers in Manitoba and Saskatchewan, looked at 30 different driver profiles and compared how much their auto insurance would cost in nine provinces across Canada. EY found that auto insurance in provinces with publicly owned care-based models is more affordable than in provinces with private insurance models. “Government and ICBC listened to British Columbians when they told us auto insurance was not affordable so we took action by introducing the Enhance ...
/CNW/ - As we move into 2024, the landscape of home insurance in Canada is poised for a significant shift, paralleling the challenges and trends observed in...