Rustad would double car insurance rates to pad the profits of private insurance companies, personal injury lawyers

SURREY - David Eby spent part of his Thanksgiving Monday at a home in Surrey, talking about his plan to keep car insurance rates low. John Rustad is promising to scrap Eby’s plan, which will drive car insurance rates through the roof.
“John Rustad would double your car insurance rates to pad the pockets of private insurance and personal injury lawyers. You don’t have to take my word for it–call friends and family in Alberta or Ontario, and they’ll tell you,” said Eby. “Rustad would import Alberta and Ontario car insurance rates to British Columbia. This Thanksgiving weekend, I’m inviting you to call your loved ones there and ask: how much do you pay in car insurance? My brother in Ontario paid $340 more than I did this year, for less coverage.”
Eby was joined by Ryan Wong, a 33-year-old British Columbian who pays just $1,060 a year, less than $100 a month on car insurance. Ryan called his mom in Edmonton, who pays $2600 a year–more than double what her son pays in B.C. Under Eby’s leadership, car insurance bills have been slashed by $500 for the average driver, rates have been frozen, and drivers have received rebates to help offset cost of living pressures.
“John Rustad is hiding his true plans, but we know what he’ll really do. We’ve seen this movie before – hiking the cost of car insurance, cutting health care, and cancelling projects like new hospitals is what he does,” said Eby. “Rustad has a 20-year record of supporting tax breaks for those who already have the most and making you and your family pay the price. He knows you won’t vote for that, so he’s not telling you.”
A recent study commissioned by the Alberta government shows drivers in that province pay far more than in no-fault systems like Saskatchewan, Manitoba, and British Columbia. A 2023 study from the Insurance Bureau of Canada shows that litigation costs are a major cost pressure contributing to the premiums drivers pay in Alberta. A separate study by Ernst & Young shows an 18-year-old man in Alberta would pay more than double the same driver would in British Columbia.