PUB Approves Drop in Auto Insurance Premiums

Manitoba motorists will have a little more cash in their pockets this year, as auto insurance rates are set to drop four percent.

The Manitoba Public Utilities Board approved the decrease in 2011 rates over the weekend, saving drivers an average of $80 on their policy.

Manitoba Public Insurance says over 600,000 vehicles will see the decrease in the next year.

The changes take effect March 1, making the deadline for the rebates to be paid by May 31.

The value of the total rebate is estimated at $71.5 million, according to the PUB.


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