National Study of Automobile Insurance Rates

Organization

Consumers’ Association of Canada (CAC)

Published

2005

Summary

The purpose of this study is to provide an independent source of information for consumers and policy makers about auto insurance rates across Canada. Recently, auto insurance has emerged as a significant consumer, public policy and political issue. In many provinces rates have increased dramatically, reduced benefits have been legislated by Governments and record profits achieved by insurers. This study focuses on delivering answers to a key question:
How much would the same driver pay for auto insurance if they had the same vehicle, same driving record and same claims history but lived in each of the communities surveyed in this study? The study surveyed Atlantic Provinces (71 communities) vs. British Columbia, Alberta, Saskatchewan, Manitoba & Ontario. A total of 3,985,162 auto insurance rates were compared as part of the study.

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OCA Funded Research
This research received funding support through the Office of Consumer Affairs' Contributions Program.

Contact information

Source: Consumer Policy Research Database