MPI Not Requesting Rate Increase for 2024-25 Insurance Year
WINNIPEG -- Manitoba Public Insurance is holding the line on premiums for the 2024-25 insurance year.
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WINNIPEG -- Manitoba Public Insurance is holding the line on premiums for the 2024-25 insurance year.
Manitoba Public Insurance has applied to the Public Utility Board to keep rates level in the coming year.
As Manitoba Public Insurance (MPI) begins its annual Public Utilities Board (PUB) hearing, it requests no overall revenue or rate change for the basic insurance program in the upcoming 2024/25 insurance year. Despite no overall rate change requested, individual insurance rates would continue to vary based on vehicle type, vehicle use, rating territory, and driving record.
Manitoba Public Insurance has recently filed its General Rate Application with the Public Utilities Board (PUB), requesting no change in the overall rates for the 2024/25 insurance year.