News & Resources

News

Jack Mintz: Freezing insurance premiums won’t work

February 16, 2023
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EY clarifies report that rekindled public-private auto insurance debate

February 1, 2023
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Insurance Bureau of Canada statement: Alberta government’s decision to freeze auto insurance rates

January 26, 2023
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IBAA: Auto Rate Freeze is Not the Best Option for Alberta Consumer

January 26, 2023
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Government must take meaningful action on auto insurance

January 25, 2023
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Fact Check: Flawed methodology used in ICBC auto insurance report

January 24, 2023
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Resources

It’s time to rethink Alberta’s Grid System

The current Grid framework penalizes safe drivers with higher premiums and incentivizes bad behavior on our roadways.

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Deloitte finds the current function of the Grid no longer aligns with its original intent

On average, drivers pay $65 to subsidize Grid system.

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IBC’s proposal to improving the affordability of auto insurance in Alberta

Enhancing Care & Expanding Choice would provide Alberta drivers with twice the amount of treatment and care following an accident, while giving them the ability to choose new coverage options to save up to $200 in premiums, on average.

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The truth about auto insurance premiums

Breakdown of how every dollar collected in private passenger auto insurance in Alberta is spent

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Videos

How Are Insurance
Premiums Calculated?

Have you ever wondered how your auto insurance premium is calculated? Here are a few of the factors insurance companies look at when determining your rates.

Alberta’s Insurance Industry is
Here to Help

The Alberta insurance industry is local and essential, and composed of members of your community who are there to support you when you need it most.

Alberta’s Insurance Industry is
Local & Essential

The insurance industry in Alberta is composed of people who care about helping their neighbours and making a difference for those in need.