This is a news story, published by edmontonjournal, that relates primarily to RateHub news.
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auto insurance premium capedmontonjournal
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71% Informative
Albertans pay among the highest premiums for auto insurance and now the province will be doubling the insurance premiums cap for good drivers.
Industry experts say the cap on annual increases to premiums to 7.5 per cent will make affordability less attainable in the long haul.
The new system would remove the need to sue in most circumstances, but in select cases, the province says it will have an impact on the industry's job market.
RateHub ’s Hands said the new “care first ” system would be able to provide Albertans with the support they need by cutting legal costs.
He said the key to holding at-fault drivers accountable will be through insurance companies and regulation.
An auto accident injury lawyer said the majority of accident injury claims are settled outside of the court.
VR Score
75
Informative language
74
Neutral language
63
Article tone
informal
Language
English
Language complexity
52
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Source diversity
5