Alberta has been boasting that under its new auto insurance system Albertans will see more “long-term” affordable auto insurance, but experts are questioning whether or not it will be true.
On Wednesday the province released a report outlining the development of the “Care-First” model, including the monetary value Albertans would be paid if they were involved in a motor vehicle accident and updates on the limited cases when Albertans will be able to pursue legal action. However, the report did not mention the cost savings the province initially promised in November, when it said once the reforms were fully implemented drivers would save up to $400 per year.
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Marisa Breeze, press secretary to the minister of finance, said in a statement to Postmedia the estimated saving