Canadian Underwriter

IBC calls for review of auto insurance in Newfoundland and Labrador

June 11, 2018   by Staff

Print this page

Photo copyright: Insurance Bureau of Canada (IBC) is calling for a review of the auto insurance system in Newfoundland and Labrador.

In a press release issued on Monday, IBC noted that drivers in the province pay an average of 40% more for car insurance than drivers in the rest of Atlantic Canada.

IBC is calling for:

  • An auto insurance system that provides quick, medically sound rehabilitative care.
  • More choices when it comes to where drivers buy auto insurance.
  • An auto insurance industry that makes it affordable for uninsured drivers to get insured.
  • Cost-control measures to stabilize the rising average cost of auto insurance claims.

It has been 14 years since Newfoundland and Labrador’s auto insurance system was last reviewed.

Canadian Insurance Top Broker is now on Facebook ( as well as LinkedIn ( and Twitter ( Follow us for easy access to the top P&C news you need to know.

This story was originally published by Canadian Insurance Top Broker.