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Alberta Car Insurance Rate Tracker

Find out which Alberta auto insurance companies had rate increases or decreases this quarter.

Alberta auto insurance rate changes

In Alberta, the Alberta Insurance Rate Board (AIRB) regulates auto insurance rating programs. AIRB makes rate changes publicly available and publishes them on a quarterly basis. We keep track of the approved changes from each of the last four quarters (one year) to help you keep an eye on the latest Alberta auto insurance rate trends.

Quickly and easily view each company's approved rate changes for the last year with the RATESDOTCA Alberta Auto insurance Rate Tracker.

Full or simplified filing

With a “full filing” the insurance company is required to send more detailed information, such as actuarial data to support the required rate changes. A full filing is required when there are things like rate changes and underwriting changes being implemented.

With a “simplified filing” the insurance company isn’t required to provide as much information, as long as there has been a “full filing” submitted to AIRB within the last three years and the rate increase being applied for is not over 5%.

Alberta Auto Insurance Rate Tracker

Insurer Name Approved Rate Change* New Business Date Market Share
Alberta auto insurance approved rate changes 2021
Insurer Basic Additional Combined New Business Date Renewal Date Insurer Market Share
Alberta Motor Association Insurance Company* 5.77% 2.78% 4.88% January 1, 2021 January 1, 2021 4.68%
Certas Direct Insurance Company* 6.91% 0.40% 5% February 5, 2021 April 6, 2021 0.70%
Co-operators General Insurance Company 0% 0.07% 0.02% January 13, 2021 February 27, 2021 7.22%
Dominion of Canada General Insurance Company 0% 1.43% 0.57% March 15, 2021 April 1, 2021 2.16%
Economical Mutual Insurance Company 0.02% -0.03% 0% January 15, 2021 March 19, 2021 2.87%
Intact Insurance Company -2.99% -0.26% -2.02% January 6, 2021 February 6, 2021 14.55%

* – Approved prior to October 29, 2020 legislative change announcements.

Weighted Average of Approved Alberta Auto Insurance Rate Change For Private Passenger Vehicles

3.87%*

*Based on the previous 12 months as of March 31 2021.

Alberta auto insurance approved rate changes 2020
Insurer Q1 2020 Q2 2020 Q3 2020 Q4 2020 Market Share
Alberta Motor Association -Simplified - -0.33% - - -
Alberta Motor Association -Simplified - 0% - - -
Allstate Insurance Company - Simplified 4.72% 0% - 0.39% 3.73%
Aviva General - Full 15.00% -0.02% - - 1.69%
Aviva Insurance Company - Full 15.00% 0% - - 6.28%
Belair Insurance -Simplified - 0% N/A N/A 1.88%
Belair Insurance - Full - N/A - -0.49% 1.88%
Canadian Farm Insurance - Simplified 2.60% - - - -
Certas Direct Insurance - Simplified - 0% - N/A 0.70%
Certas Home and Auto Insurance -Simplified - 0% - N/A 5.03%
Chubb Insurance -Simplified 9.97% 0% - 1.94% 0%
Continental Casualty Company - Full 24.71% - - - -
Co-operators General –Full 0% 0% 8% - -
Coseco Insurance -Simplified 0.03% - - - -
Cumis General Insurance - Full - - - 0% 0.16%
Dominion of Canada -Simplified N/A 0% - - -
Economical Mutual Insurance - Full N/A 5.00% - - -
Facility Association - S - - - 0.50%** 0.22%
Federal Insurance –Full N/A - - 0% 0.10%
Federated Insurance - Simple - - -1.63% - 0%
Intact Insurance - Full - 3.99% - - -
Intact Insurance - Full - N/A 0% - -
Intact Insurance - Simplified - 0.33% 0.34% - -
Mitsui Sumitomo -Full N/A - - N/A 0%
Northbridge General Insurance -Simplified - 0% - - -
Novex Insurance -Full - 2.01% - - -
Novex Insurance -Full - N/A - - -
Optimum West Insurance -Simplified - 0% - - -
Peace Hills General - Simplified - 0% - - -
Pembridge Insurance - Full - - - 0.01% 0.98%
Pembridge Insurance - Full 0% - - 7.73% -
Pembridge Insurance -Simplified - 0% - - -
Personal Insurance - Simplified - 0% - N/A 2.92%
Portage La Prairie Mutual Insurance - Full 18.50% - - - -
Primmum Insurance -Simplified N/A 0.03% 4.99% 0% 4.16
Royal & Sun Alliance -Full 5.00% - - -
Royal & Sun Alliance - Simplified - - - 5.00% 1.01%
S&Y Insurance -Simplified - 0% - - -
S&Y Insurance - Full - 22.50%* - - -
SGI CANADA Insurance – Simplified - 0.04% N/A - -
SGI CANADA Insurance – Simplified - - 0% -
SGI CANDA Insurance - Full - - - 9.51% 1.73%
Security National - Simplified N/A 0.01% - 0% 11.53%
Security National – Full - - 4.99%
Sonnet Insurance - Simplified - 0.01% 0 - -
Sovereign General Insurance - Simplified - 0.02% - - -
TD Home and Auto - Simplified N/A 0.01% 1.03% 0% 0.30%
Tokio Marine & Nichido Fire - Simplified - -1.22% - - -
Traders General - Full 14.10% 0% - - -
Unifund Assurance – Simplified - -0.01% - - -
Unifund Assurance - Full - - - 0% 4.36%
Wawanesa Mutual Insurance -Simplified N/A 0.01% 5.00% 5.00%** 13.80%
XL Specialty Insurance Company - Simplified - 0% - - -
Zenith Insurance - Simplified - 0% - - -
Zurich Insurance -Simplified - - - -0.87% 0%

N/A means any filing submitted which does not result in a change in premium level.

* S&Y Insurance Company only insures 335 vehicles.

** Approved prior to October 29, 2020 legislative change announcements.

The data used is courtesy of the Alberta Auto Insurance Rate Board (AIRB). The amounts shown are percentage changes in each carrier's average rate approved each quarter.

This chart represents a small sample of the insurance carriers in Alberta; however, the providers listed are the ones who in the last year had a rate change approved. Errors and omissions are unintentional. Additionally, the rate changes listed are the average for the company. An insured person could see their rates increase or decrease more or less than indicated.

Last published market share number.

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Save on Alberta auto insurance

Standard car insurance policies are one year long. If your renewal date is approaching, remember that comparing car insurance rates is the best way to save money – you never know how much you’ll save until you comparison shop. Another great time to look for a new car insurance policy is when you buy a new vehicle or move to a new neighbourhood.

To make sure you’re getting the most competitive rates, compare Alberta car insurance quotes today!

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