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Manitoba Public Insurance said in a release today that they have asked the Public Utilities Board for a 2% increase to Basic Autopac rates.
 
If approved, the increase will result in the average passenger vehicle owner paying about $17 more in premium.
 
MPI says last year was “unprecedented” in terms of claims.
 
They say there was a 68 per cent spike in claims costs and hail claims in particular more than tripled from the year before.
 
The average premium for the private passenger vehicle class will be $1,018.

 

Major Use

Applied for Rate Changes

Private passenger

1.7%

Commercial

5.4%

Public

3.7%

Motorcycles

-1.7%

Trailers

11.1%

Off-road Vehicles

0.0%

Overall (applied for)

2.0%

 
The proposed rates will be effective March 1, 2017 if approved.