Cheapest Auto Insurance

Have a read of this article over at Canada Drives. The news is not optimistic for Albertan drivers who are now paying the third highest costs in Canada!

“Known for big skies, Alberta has become a province of big premiums if you want to drive that shiny new F150 down Calgary Trail. Alberta car insurance rates are now the third most expensive in Canada with an average yearly premium of $1,316. That’s a $300 increase since 2015 ($1,004) when Alberta was fifth in the country. Whatever happened to the “Alberta Advantage”?

The previous provincial government limited private auto insurers to a maximum 5% annual rate increase, but Alberta’s newly-elected UCP government has scrapped that, much to the satisfaction of insurance companies. So, it seems unlikely rates will be going down anytime soon.”