Auto Insurance
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Ontario’s new auto insurance rules could leave drivers underinsured, critics worryWhile insurance companies will be required to provide medical and rehabilitation coverage as part of the base package, all other benefits will be optional as of July 1, 2026.PoliticsDec 17
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Why your car insurance is likely getting more expensive in 2026Car insurance premiums in Canada have been getting more expensive in recent years and insurance experts believe prices will continue to drive up into 2026.ConsumerDec 11
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Intact Financial Corp. sees record quarter after increasing rates, sees limited direct tariff riskThe insurer reported net operating income of $4.93 per share in the quarter, up 23 per cent from last year.MoneyFeb 13
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Donald Trump’s steel, aluminum tariffs could increase auto insurance rates: ExpertsThe 25 per cent steel and aluminum tariffs declared by Donald Trump could have a widespread effect, including on auto insurance rates.EconomyFeb 10
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Wild weather remains wild card as Alberta aims to fix auto insurance systemThe Insurance Bureau of Canada says Alberta has experienced five of the top 10 costliest natural disasters in Canadian history, all of which have occurred since 2016.ConsumerNov 22, 2024
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Rate hikes, no-fault claims in new rules pitched for Alberta auto insuranceUnder the new system, victims in most cases won’t be able to sue those responsible for their injuries and, instead, insurers would pay compensation at rates set by the government.ConsumerNov 21, 2024
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New auto insurance rules could let Ontario drivers opt for less. But by how much?Ontario looks set to introduce rules that would let drivers opt out of parts of their auto insurance. The finance minister said he hopes the change will lead to more innovation.ConsumerMar 26, 2024
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B.C. tradesman fights ICBC over specialized gear wrecked in crashMichael Frass' work van was written off after a collision that wasn't his fault, but he says ICBC has been fighting him over a payout for specialized gear inside.CanadaMar 11, 2024
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EV owners likely to pay more for insurance, report says. Here’s whyOwners of electric vehicles in Canada may start to see their insurance rates jolt in the coming years, a new report indicates. Here's why.ConsumerFeb 15, 2024
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Canadians are expected to pay even more for car insurance this year. Why?Canadians could see even higher auto insurance premiums this year amid a growing crisis of car thefts in the country and other industry challenges, according to a new report.CanadaJan 29, 2024
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