Investor Presentaiton
49.00%
Insurance VS Vehicle Costs
42.16%
39.00%
36.53%
29.00%
0.00%
-0.00%
19.00%
0.00%
9.00%
- 2.55%
-1.00%
2004 2005
2006 2007 2008
Insurance Basic
2009
2010 2011 2012
-Insurance Additional
2013 2014 2015
2016 2017 2018 2019
-Vehicle Cost
Basic Insurance Trendline
-Additional Insurance Trendline-Vehicle Cost Trendline
*Graph does not take into account annual fluctuations.
Source: AIRB 2018 Annual Review Report - Alberta Private Passenger Vehicles & Statistics Canada. Table 20-10-0001-01. New motor vehicle sales.
FLUCTUATIONS IN AUTO INSURANCE (BASIC & ADDITIONAL)
Basic Auto Insurance Premiums – Increased 2.5% since 2004
Additional Auto Insurance Premiums – Increased 42.16% since 2004
Average Vehicle Cost - Increased 36.53% since 2004
A 2.5% increase is
well below any
inflationary increases
which would be 35
expected.View entire presentation