Alberta's new insurance regime will see savings for 88 per cent of vehicles: rate board

Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-10 18:23:35.0
Tags: [Alberta, Transportation, Affordability, Finance, Governance]

The Alberta Auto Insurance Rate Board released reports indicating that the province's new "Care-First" auto insurance system, taking effect January 1, will reduce average private passenger vehicle premiums by 13.7 percent, saving drivers $297 per year. The analysis shows that 88 percent of Alberta's 3.1 million insured vehicles will see premium reductions, with about 47 percent (1.47 million vehicles) saving $300 or more, while approximately 10 percent of vehicles—led by a 37 percent increase for motorcycles—will face higher rates. The transition to the care-focused model, which replaces the court-based tort system, has drawn opposition from personal injury lawyers, governing United Conservative Party members who voted against it at an annual general meeting, and Opposition New Democrats who criticize it for prioritizing insurer profits.