If you can look at the insurance numbers in Alberta you would understand what is going. Insurance money from all of us just goes into the company pot. Some pay more than others because they have car accidents or multiple claims. Some pay more because the data says you have more accidents, more thefts/vandalism, frequent weather events like this last few years etc in your specific neighborhood. When there are any of these the pot needs more money for payouts and even us with no claims pay more. Some are leaving, some have left ans some companies have been hit hard so are adjusting accordingly. They don't make huge profits either on the insurance part of the biz either and right now a lot of losses. Their money when made is on the investment side. If you find a great deal check the coverage's very closely as you may be only getting a minimal coverage policy and as always make sure they have good claim service. I used to be on the inside of this and saw and heard it all.
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