Investor Presentaiton
October 10, 2023
MPI Exhibit #57
Selected Driver Profile Rate Comparison
MPI remains competitive with SGI, and significantly more affordable in comparison to other jurisdictions
Among the Lowest Vehicle Rates in Canada in 2023
5
$7,000
$6,500
$6,000
$5,500
$5,000
$5,663
$5,184
$4,500
$2,692
$3,178
$4,000
$1.67377
$1,579
$3,500
$3,000
$2,500
$2,000
$1,500
$1,000
$1,596
$1,365
$1,431
$500
0
Vancouver
Calgary
Regina
Manitoba Public Insurance
Brandon
Winnipeg
$1,710
$1,818
$1,275
$1,352
$1,230
$1,307
Toronto
$6.795
$5,520
$3,108
21 year old male primary driver,
5 years claims and convictions
free, and no secondary driver
Average rate of private insurers
(Calgary and Toronto quotes):
$6,148
40 year old female primary
driver, claims and conviction
free; secondary 40 year old male
driver claims and convictions
free; and secondary 16 year-old
male claims and conviction free
Average rate of private insurers
(Calgary and Toronto quotes):
$5.342
35-year-old couple, both
claims and conviction free
Average rate of private insurers
(Calgary and Toronto quotes):
$2,870
2023 rates based on:
• Personal use and commuting
to & from work (up to 15 km
commute, each way)
- Collision and comprehensive
deductibles (Manitoba-$750.
Saskatchewan-$700, all other
locations-$500)
• $2 million third party liability
- Accident benefits coverage
Notes:
1. The 2018 Ford 150 XLT
SuperCrew is the most
common passenger vehicle
registered in Manitoba.
2. Manitobans will pay less for
their automobile insurance in
2023 than residents of most
major Canadian cities.
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