Government Responds to Rate Review Panel Recommendations

Source: Saskatchewan - Government News
Date: 2026-09-04 23:30:00.0
Tags: [Saskatchewan, Finance, Transportation, Affordability]

The Government of Saskatchewan announced that Saskatchewan Government Insurance (SGI) will implement a 3.75 per cent overall Auto Fund rate increase alongside rate rebalancing, effective June 1, 2027, following recommendations from the Saskatchewan Rate Review Panel. The government also confirmed a 3.75 per cent increase that took effect on June 1, 2026. While the panel recommended an immediate 6.5 per cent capital margin increase, the government directed SGI to proceed with the lower rate increase to balance affordability with the Auto Fund's financial pressures from rising claims costs and inflation. The adjustment will result in an average annual increase of about $39.00 for Saskatchewan vehicle owners.