What you need to know about Alberta's move to no-fault auto insurance
Alberta Premier Danielle Smith on Thursday announced major reforms to the province’s auto insurance system , including a higher cap on rate hikes for good drivers and a shift to a no-fault auto insurance model.
Alberta is overhauling its auto insurance system. Here's what the experts have to say
Albertans pay among the highest premiums for auto insurance and now the province will be doubling the insurance premiums cap for good drivers, which they claim will help with affordability in the long haul.
How does Alberta's current insurance system compare to other provinces
On average, Albertans pay the second-most expensive auto insurance in Canada, behind Ontario. The province will move to a new system in 2027 with the intention to make it more affordable, eventually.
Alberta proposes changes for auto insurance, including rate hikes, no-fault claims
Changes to Alberta’s insurance system will allow insurance companies to increase premiums by up to 7.5 per cent per year. The government says the plan will save drivers money in the long run. It's all part of what the province calls the 'care-first system.
Alberta pitches new rules for auto insurance, including rate hikes, no-fault claims
The Alberta government is making changes to auto insurance, including rate hikes and switching to a predominantly no-fault claims model.
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