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Solutions to Stabilize Rates



​Industry’s number one goal is for the auto insurance system to work for drivers. Here is the package of reforms that we are proposing to the government:

  • Introduce a $5,000 cap on pain and suffering awards for minor injury claims.
  • Improve health outcomes for people injured in collisions by introducing pre-approved treatment programs for minor injuries.
  • Make it easier for people to repair and replace their damaged vehicles
  • Double the amount of treatment benefits available after a collision and make this coverage mandatory
  • Facilitate competition and innovation by allowing insurers to compete on price, product and service offerings.

For more detail on these options, click here for the reports that IBC submitted to the PUB through the government’s review process.


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