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Alberta to hike auto insurance premium cap on 'good drivers' to 7.5% in January 2025

edmontonjournal
Summary
Nutrition label

72% Informative

Alberta government plans to increase the auto insurance premium cap on good drivers from the current 3.7 per cent to 7.5 per cent .

Once fully implemented, the province estimates drivers will save up to $400 per year.

The new system would remove the need to sue and, in most circumstances, motorists will not be able to sue at-fault drivers.

In 2023 , the average insurance premium in Alberta was $ 1,670 — the second highest in Canada behind Ontario .

VR Score

75

Informative language

72

Neutral language

76

Article tone

semi-formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

10

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