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Most expensive provinces for auto insurance premiums revealed (www.insurancebusinessmag.com)
submitted 8 months ago by [email protected] to c/[email protected]
34 comments fedilink hide all child comments
  1. Alberta - $3,151
  2. Nova Scotia - $2,491
  3. Ontario - $2,299
  4. New Brunswick - $2,187
  5. Newfoundland - $2,162
  6. BC - $1,775
  7. PEI - $1,703
  8. Manitoba - $1,373
  9. Saskatchewan - $1,249
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[-] [email protected] 0 points 8 months ago* (last edited 8 months ago)

I've read before that Ontario has the highest rate of insurance fraud/ false claims. Factors like that may have affected Ontario's price, bringing it up. I wonder how Saskatchewan compares. Does Saskatchewan have a high rate of insurance fraud. If Ontario had a publicly owned insurance company, how much cheaper would it be?

[-] [email protected] 4 points 8 months ago

I can speak for Manitoba. MPI has a very robust anti-fraud investigative department.

They report publicly each year. (Partly to show the public that they're protecting the integrity of the system, and partly to remind potential scumbags that they're being watched and probably won't get away with their "clever" plan.)

[-] [email protected] 5 points 8 months ago

It would be awesome if Ontario insurances made this information public. I would love to have public insurance here.

this post was submitted on 31 Dec 2023
103 points (100.0% liked)

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