Basic compulsory motor vehicle premiums will see an overall general rate increase of 3.7 per cent as of March 1st, 2017.
Manitoba Public Insurance had initially asked for a 4.3 per cent increase, but the Public Utilities Board determined the corporation hadn't proved why such an increase was necessary.
According to MPI, a 3.7 per cent overall general rate increase does not mean that rates for all motorists within each major class will experience a rate adjustment. Adjustments to specific classifications of vehicles are determined based on MPI's rate design.