AIRB Requests Updates to Rating Profiles

(January 10, 2022) The Automobile Insurance Rate Board (AIRB) has requested all auto insurance companies in Alberta to submit premiums for the newly developed rate profiles by February 28, 2022. These updated profiles will be used on the AIRB’s rate comparison tool effective April 1, 2022.

The AIRB uses the rating profiles to create an interactive comparative rating tool on our website to allow consumers to compare premiums for a set of profiles representing typical insurance customers with the most common coverage.

For full details of the AIRB’s request, see Bulletin 01-2022 below.

Resources

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Bulletin 01-2022 Rating Profiles Revised