MPI Rate Hike Would Cost Drivers an Extra $29 Per Year

MPI Rate Hike Would Cost Drivers an Extra $29 Per Year


WINNIPEG — Manitoba motorists could be forced to shell out an extra $29 per year if a request by Manitoba Public Insurance to raise premiums next year is approved.

The Crown corporation has requested a 2.7 percent increase with the Public Utilities Board for the 2018/19 insurance year.

MPI president and CEO Dan Guimond says the increase comes at a time when the corporation is focusing on “fiscal prudence and cost containment.”

“Without these efforts, the indicated rate requirement would have been significantly higher at 7.7 percent,” said Guimond.

If rates increase, a total of 637,440 vehicles would be affected, excluding trailers and off-road vehicles. MPI says the increase would cost less than $3 more per month.

The average premium for the private passenger vehicle class would be $1,086.

VehicleApplied for Rate Changes
Private passenger2.7%
Off-road Vehicles-16.7%

Pssst, while you're here... is Winnipeg's only independent digital news outlet, producing reliable journalism and localized content since 2007. As we grow as a company, so do our expenses into creating the news, sports and entertainment coverage you've come to expect from us. We ask that if you enjoyed reading this article that you consider making a small donation towards our efforts. It would be greatly appreciated in helping us reinvest to expand our reach and hire additional freelance reporters and photographers. Thank you!

Support ?

Sports Highlights