While Alberta may offer good value when it comes to buying a house, the same can’t be said when it comes to paying for auto insurance, according to a report conducted by international accounting firm Ernst & Young.
Commissioned by the Insurance Corporation of British Columbia (ICBC) and released on Dec. 8, the report found that Alberta’s auto insurance rates are among the highest in the country when compared to other provinces, based on research done between September and October.
The report compared the rates in nine provinces and looked at 30 different driver profiles based on a set of criteria including age, gender, marital status, employment status, years licensed, vehicle, average daily commute, and annual kilometres driven….