Bell: Albertans to pay less for auto insurance — now there's a twist to the story
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Bell: Albertans to pay less for auto insurance — now there's a twist to the story
There's more to this story than meets the eye
Author of the article:
By Rick Bell
Published Sep 11, 2026
Last updated 49 minutes ago
3 minute read
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Trans-Canada Highway traffic heads back into Calgary from the west on Victoria Day at the end of the long weekend, Monday May 19, 2025. Gavin Young/Postmedia
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Do not pop the champagne just yet. There is a twist to the tale.
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A couple of years ago, Alberta Premier Danielle Smith talked about a new auto insurance scheme. The premier talked about it often. The premier wanted insurance premiums to go down.
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The injury lawyers would lose almost all their lawsuit action, there would be a first-class benefit package if you were hurt in a collision and the price tag for insurance premiums on your vehicle would come down in a big way.
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A $400-a-year cut in auto insurance premiums was tossed around as a ballpark number.
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This week, as reported by your scribbler who has pushed non-stop for lower premiums, the province’s Automobile Insurance Rate Board released some concrete numbers, effective this coming January.
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They say the numbers are solid. They are not pie in the sky. They are real. The savings come from cutting out almost all the lawsuits after a collision and having generous payouts provided for treatment of injuries, lost income and other costs.
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Almost nine out of 10 Alberta drivers would catch a break.
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For a typical middle-aged Alberta driver with a typical car, the premiums drop more than $500 a year.
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For young drivers, their savings were much larger.
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Moving from middle-age to seniors, the decrease would be about 20 per cent.
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A good news story. Promise made, promise kept.
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Then a voice speaks.
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The new insurance is going ahead Jan.…
Read full article at Calgary Herald ↗
Local coverage · Alberta
Last 14 days, matched on province.
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