ALBERTA REFERENDUM RESULTS

Auto insurance rates may stabilize

Posted Jun 2, 2010 7:29 am.

This article is more than 5 years old.

Car insurance rates should stabilize in Alberta this year.

The province’s Automobile Insurance Rate Board tells the Calgary Herald that’s because of a court ruling last year that reinstated a $45-hundred cap on claims related to soft-tissue injuries like whiplash and strains.

The board says that’ll be a big factor in stopping rates from soaring.

The final rates this year will be unveiled after the review board meets on June 15th to come up with a final number.

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