New Brunswick could be in for an unpleasant surprise next year, as auto insurance rates in the province are expected to see double-digit increases next year – as much as 50% in some cases.
Insurers are saying the increases are a response to a sudden surge in auto accident claims in the province. Records state that auto accident claims expenses in NB among private passenger cars in 2018 hit $380.2 million – a $147.3 million increase over the span of six years.
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