Automobile insurance rates could be rising next year in Manitoba.
Manitoba Public Insurance (MP) has filed its General Rate Application with the Public Utilities Board (PUB). It is requesting approval for a 2.07 per cent increase to the overall rates for basic insurance. If approved, this would take effect for the 2026/27 insurance year, which begins on April 1st.
According to MPI, this would result in an annual increase of $21 for the average private passenger vehicle policy next year, which is approximately $1.75 per month.
MPI states that auto insurance companies in North America are dealing with higher claim costs because modern cars are more complex, contain advanced technologies, and are more expensive to repair.
Meanwhile, MPI is also applying to the PUB to expand the merit side of the Driver Safety Rating scale to include level 20. If approved, Manitobans who move into this level will save 53 per cent of the cost of their automobile and driver insurance in the 2026/27 insurance year.
MPI says the PUB normally issues its order in December. The proposed rates would be effective April 1, 2026, but because renewal dates are staggered, some vehicle owners will not pay their new rates until March 31, 2027.