| News
and Documents
• Automobile
Insurance Rate Board website
• Automobile
Insurance Rate Board holds consultation meetings - information bulletin,
November 6, 2006
• Auto
insurer issued penalty for overcharging premiums (Coseco General Insurance
Company) - information bulletin, October 19, 2006
• Auto
insurer issued penalty for overcharging premiums (State Farm Mutual
Automobile Insurance Company) - information bulletin, October 12, 2006
• Alberta
drivers to see another reduction in premiums (news release, July 31,
2006)
Read more...
Overview of Reforms
The reforms have brought significant improvements to the auto insurance
system. All cost savings from the reforms will go to consumers through
improved benefits and more stable, fair and affordable premiums. Medical
benefits have been enhanced, including fast and effective treatment systems
for people with minor injuries.
Read more...
Premiums
Personal responsibility drives how premiums are set: good drivers pay
less and bad drivers continue to pay for their driving habits. Good, experienced
drivers pay premiums in a competitive market that offers prices comparable
to other western provinces. See also: grid
rate calculator on the Automobile
Insurance Rate Board website.
Read more...
Consumer Dispute
Resolution
A three-level process has been established to resolve consumer concerns
with their premiums during the transition to the new system. It is designed
to help consumers who believe their premium is being incorrectly calculated,
or that inappropriate rating criteria are being used to determine the
premium. See also: grid
rate calculator on the Automobile
Insurance Rate Board website.
Read more...
Treating Injuries
The diagnosis and treatment of injuries has been improved by putting patients
and their preferred health practitioner in charge of a streamlined and
effective treatment process for minor injuries.
Read more...
Compensation and Benefits
Section B benefits has been enhanced for all types of injuries. This coverage
increased to $50,000 from $10,000, and pre-authorized treatment for therapies
has been added.
Read more... |
