The Alberta NDP says they have an idea to tackle sky-high auto insurance rates that they blame the UCP government for doing nothing about.
The Official Opposition's justice critic, Irfan Sabir, says his private member's bill, called Bill 206 – the Insurance Amendment Act – would free car insurance rates for a period of one year.
"Thanks to the UCP, Alberta drivers are stuck with the most expensive auto insurance in Canada," Sabir said. However, the Insurance Bureau of Canada says the data used for the report could be flawed, suggesting that since it was written for ICBC, a government-controlled provider of insurance in B.C., it may ignore some of the facts.
In a no-fault system, everyone involved pays and there are no opportunities to sue for damages or for injuries.While the NDP was in government in Alberta, a cap was installed on insurance rates, forcing companies to keep premiums low.
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