Auto Insurance Rates

• Additional auto insurance companies could leave Alberta without system reforms: DBRS

  A major global credit rating agency says Alberta must come up with a "clear long-term solution" to its auto insurance woes or additional insurers will depart the province.

  Consumer

  Jul 10, 2024
  
• Some Ontarians can expect to see an increase in auto insurance rates in coming months

  Some Ontario drivers are expected to pay more for their auto insurance premiums over the coming months as the governing body for the insurance industry has approved rate increases.

  Canada

  Sep 20, 2022
  
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• Ontario NDP pledge to lower auto insurance rates by 40%, if elected in June

  NDP Leader Andrea Horwath says she'll ban rate increases for 18 months while a commission investigates and recommends a new system.

  Politics

  May 11, 2022
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• Alberta strikes panel to review auto insurance, won’t bring back rate cap

  Finance Minister Travis Toews said Albertans are paying some of the highest rates in Canada but are having trouble getting critical protections, such as comprehensive and collision coverage.

  Traffic

  Dec 18, 2019
• Bill Kelly: Don’t hold your breath waiting for lower auto insurance rates

  Bill Kelly says a review of Ontario's auto insurance system will just be a 'dog and pony show.'

  Jan 10, 2019
• Ontario government launches public consultations on auto insurance system review

  The Progressive Conservative government also says it will consult with drivers, insurance companies and other stakeholders until Feb. 15 to find ways to lower rates.

  Politics

  Jan 9, 2019
• Alberta auto insurance rates higher than the national average, still rising: LowestRates.ca

  Albertans are paying more for car insurance than most other Canadians and the rates are continuing to rise, according to new data from LowestRates.ca.

  Consumer

  Oct 31, 2017
• Ontario auto insurance rates rise yet again in 2017

  Approved rates posted by the Financial Services Commission of Ontario show an average increase of 0.76 per cent.

  Canada

  Jul 19, 2017
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• Ontario auto insurance rates increase despite Liberal pledge to cut them by 15%

  Auto insurance rates are rising in Ontario, moving the Liberal government even further away from a self-imposed target of an average 15-per-cent reduction.

  Consumer

  Oct 19, 2016