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.
Source
Thursday, July 15, 2010
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