MPI Rates to Rise in the New Year as PUB Approves Increase

Manitoba Public Insurance (MPI) thanks the Public Utilities Board (PUB) for hearing and responding to the 2026/27 General Rate Application. MPI respects the independent role of PUB and will work to implement the order for the Basic line of business beginning on April 1, 2026.

Coverage under MPI’s Basic insurance is mandatory for Manitoba drivers. Rates are regulated and approved by PUB on an annual basis, with industry stakeholders participating in the hearing process.

Following the Corporation’s request for a 2.07 per cent increase, PUB has ordered a 1.77 per cent increase to Basic insurance rates for the 2026/27 insurance year. This represents an annual increase of $21.89 to the average private passenger vehicle policy next year, which is approximately $1.82 per month.

PUB has also approved MPI’s application to expand the range of vehicle rate groups for private passenger and light truck vehicles from 41 to 45. This expansion allows MPI to more accurately reflect the claims cost of vehicles in higher groups. Individual vehicle premiums will vary depending on the type of vehicle being insured.

An expansion to +20 under the Driver Safety Rating system has also been approved in the 2026/27 order. Customers who move to the new level +20 on the scale will receive a discount of 53 per cent off the cost of their vehicle insurance and 55 per cent off their driver insurance, which continues to reward Manitoba drivers for their safe driving behaviours.

MPI is also offering customers more choice and flexibility to maximize the affordability of their Basic mandatory coverage. Beginning in April 2026, MPI is adjusting the Basic insurance deductible from $750 to $1,000. Customers can choose a higher deductible to maximize the affordability of the mandatory product or can opt for a lower deductible level by purchasing an optional product through MPI’s Extension line of business.

During a customer’s annual renewal process when Annual Statements of Account and Renewal Notices are mailed out, customers that are currently at a $750 deductible will be automatically assigned a $750 Extension product deductible. Each customer will still have the opportunity to adjust their deductible level and can make those changes by visiting their Autopac agent. Changes made prior to the policy renewal and payment due dates will be free of charge.

MPI continues to be committed to providing affordable rates for Manitobans.

All changes delivered in the order will be in effect as of April 1, 2026.