Auto Insurance

Auto insurance is a big-ticket item for many households, and IBC believes Canadians deserve coverage that is affordable, offers more choice and delivers better care for those injured in a collision.

IBC advocates for reforms that will modernize private auto insurance systems and products across the country with the goal of providing consumers with access to enhanced product choices and affordable premiums.

Across Canada, auto insurance is required by law. Provincial regulatory authorities are responsible for insurance sector regulatory compliance activities, as well as approving individual rate filings from auto insurance companies. IBC works with government authorities to secure flexible rate regulation environments that enhance competition and choice – all which benefit drivers.