14 01, 2021

NDP says numbers show auto insurance firms not struggling in Alberta, asks UCP to reinstate cap on premium hikes

January 14th, 2021|News|

Alberta’s NDP renewed its call to reinstate a cap on auto insurance premium hikes on Wednesday, citing new numbers they say show the industry is not struggling in the province. The latest version of an annual report that takes a broad look at Alberta’s insurance industry shows auto insurance companies collected a little over $5.428 billion [...]

10 12, 2020

Insurance companies to save hundreds of millions as pandemic keeps drivers home, study suggests

December 10th, 2020|News|

Auto insurers in Alberta could save as much as $745 million in claims in 2020, according to a new report by an insurance watchdog.The study from Hellosafe.ca estimated car claims in Alberta dropped by 32 per cent during 2020 as the COVID-19 pandemic kept many drivers off the road. According to the Insurance Bureau of Canada, full [...]

8 10, 2020

Despite early COVID-19 rebates, car insurance rates have risen during pandemic and are set to rise more

October 8th, 2020|News|

Despite highly publicized rebates from companies in the early days of the pandemic, rates for new car insurance policies have risen during COVID-19 and are set to increase even more soon, a new report suggests. According to financial technology firm LowestRates.ca, the cost of car insurance climbed between April and June for most drivers in the [...]

3 09, 2020

Program offering cash rebates to scrap heavy polluting vehicles comes to Alberta

September 3rd, 2020|Alerts|

The SCRAP-IT program, which has removed nearly 50,000 older model polluting vehicles from the roads in British Columbia, and is aiming to do the same in Alberta. SCRAP-IT Alberta offers a $300 cash rebate to any customer who wants to scrap a vehicle. To qualify, applicants must be the registered owner of the vehicle and [...]

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