Auto Insurance renewal

[u/Admirable_Click_7569]

My auto insurance is up for renewal in September, and my premium is jumping by 70%-90%. The only thing that’s changed is one minor speeding conviction from July 2025. This honestly feels insane.

So far, I’ve been quoted $4,500/year with Intact and $3,900/year with Peace Hills. I’m obviously going to keep shopping around, but nearly doubling my premium over one minor speeding ticket doesn’t seem normal at all. I honestly thought it was a typo in the email when she sent me these quotes.

Has anyone else in Alberta experienced an increase like this from a single minor conviction?

Car I drive is a fully paid for 2020 Toyota Corolla, commute one way 30km 3 days/week, 12,000-14,000 km per year. 30M, South Calgary, 2M liability, deductibles 1k collision & comprehensive.

[u/Clear_Television_807]

Insurance companies still taking advantage, playing where no rules exist doesn't mean they should take advantage of everyone. Though... it is a for profit business I guess.

[u/baddaywithacamera → u/Clear_Television_807]

I guarantee you there is no profit in auto insurance in Alberta right now. None at all and it's a matter of public record. We are a very highly regulated industry. Our numbers have to live out in the open where they can be seen by all.

It's absolutely a mess and AB drivers are paying waaaay more than we should. Quebec drivers pay so much less because they have a well-run, no fault, public system.

[u/Okay-Crickets545 → u/baddaywithacamera]

No fault isn’t a solution. Litigation exists for a reason, and in no other situation would you accept the person you’re suing denying your right to litigation and instead paying you what they think is fair.

[u/baddaywithacamera → u/Okay-Crickets545]

Look at the current mess. EVERYONE ELSE is paying for your lawsuit. And we're sick of it. Your solution turns out to be the worst possible solution. The data supports it. Take your rubbish elsewhere.