Automobile Insurance Rate Board says Alberta drivers paid $1,800 in annual premiums in 2025. The province says it will move to a no-fault model to help drivers.
Car insurance rates rose more than 25% in February 2024, according to data from Bankrate. Premiums for full coverage auto insurance averaged $2,543, a 26% increase from the same time in 2023.
In the past three years, Alberta has introduced various reforms to reduce the cost of automobile insurance. Despite these efforts, premiums have climbed steadily and now averages roughly $1,835 per ...
Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...
Car insurance rates have surged in recent years, but relief might be on the horizon Written By Written by Insurance Staff Writer, WSJ | Buy Side Kara McGinley is a staff Insurance Writer at WSJ | Buy ...
Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...
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