Road to Learning Webinar!

Please join the AIRB for the first in a series of informative lunch-time webinars on February 27th. Our first speaker is Kay Wakeman, Director of Insurance Outreach from IIHS-HLDI (Insurance Institute for Highway Safety-Highway Loss Data Institute). Click here to register for free today! Download details here.    

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AIRB Consumer Awareness Campaign

Since you’re on the AIRB website, you obviously know a little about us. But did you know that 69% of surveyed Albertans had never heard of the AIRB? We want to make sure that Albertans know about the tools and resources we offer to help them navigate the auto insurance market, so we’ve launched an […]

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How To Save Money on Auto Insurance

Choosing the right coverage can be a difficult task and involves plenty of research into companies and quotes. It’s important to pick only the coverage you need and take your situation into consideration when choosing. However, apart from only buying the mandatory coverage for your vehicle, there are quite a few ways to save money […]

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Top 10 Dangerous Intersections in Alberta

In Alberta, road conditions change frequently and often. Between summer and winter, we can deal with a large amount of snow, ice, graveled roads, and construction. When the driving conditions are so varied, knowing more about specific Alberta roads can improve your driving experience when the weather is unpredictable. That’s why we’ve compiled a list […]

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Communicating the Good Driver Rate Cap

Following the announcement of the Good Driver rate cap in November 2023, Albertans were expecting the rate relief to apply effective January 1, 2024. However, in accordance with the Ministerial Order, the rate relief only applied once the AIRB approved the changes to the insurer’s rating program and the insurer implemented them, leading to situations […]

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Why did Alberta auto insurance premiums increase by 5.24% in 2023 during a rate pause?

According to recently released data from the General Insurance Statistical Agency (GISA), Albertans paid an average of $1,669 in 2023 for auto insurance, compared to $1,586 in 2022 – a 5.24% increase. The Automobile Insurance Rate Board (AIRB) was in full compliance with the Ministerial Order that directed the AIRB to pause rate approvals until […]

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Affordability

In recent years, there has been a lot of discussion about the affordability of auto insurance. Affordability is a subjective term, and it is difficult to develop one measure to clearly state whether it is affordable. Unlike like other goods and services Albertans must purchase, there is not a single price everyone pays. Insurance companies […]

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NEW EVENT – Road to Change: Consumer Expectations & Product Reform

Interact with regulators and discuss how consumer expectations and legislative changes are opportunities to better serve Albertans. Discussion & Insight Consumer Perceptions & Education Reimaging the Grid Rating System Captive Insurance Automobile Insurance Reforms Fireside Chat on Industry’s Perspective of Reforms June 19, 2024, 8:30 a.m. to 2 p.m. In-person, Edmonton Register on Eventbrite today!

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Do consumers have the right to choose a body shop for repairs?

When a driver has informed their insurer of damage to their property, the insurer may provide a recommendation to a specific auto body shop to complete the estimates and repair the damage. However, the driver has the right to accept the recommendation, or to choose a different service provider of their choice. Insurers’ recommendations come […]

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How to Stay Safe During Daylight Saving’s “Spring Forward”

Daylight Saving Time occurs on this Sunday, March 10th, which means an hour jump in time to account for the extra hour of daylight at the end of the day. However, while we inch closer towards warmer weather, we lose an hour of sleep. The time change and loss of sleep can greatly affect our […]

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