Bill 47 Backgrounder - Facility Association Profit Provision

Question 1: Is automobile insurance coverage mandatory in Newfoundland and Labrador?

Question 2: What types of automobile insurance coverages are available for purchase?

Question 3: Where can I purchase automobile insurance?

Question 4: How are automobile insurance premiums calculated?

Question 5: Why are different insurers quoting me different premium amounts?

Question 6: What is the role of the Board in relation to automobile insurance?

Question 7: Does the Board regulate any types of insurance other than automobile insurance?

Question 8: How often are insurance companies required to file rates for automobile insurance with the Board?

Question 9: What types of vehicles does the Board regulate?

Question 10: How does the Board’s rate filing review process work?

Question 11: Where can I find more information about automobile insurance rate filings approved by the Board?

Question 12: Why did my automobile insurance premium increase upon renewal when I didn’t have an accident, change my vehicle or move to a new location?

Question 13: My insurance company has notified me that I have been insured through the Facility Association. What does this mean?

Question 14: What underwriting rules are automobile insurers prohibited from using in Newfoundland and Labrador?

Question 15: What rating factors are automobile insurers prohibited from using in Newfoundland and Labrador?

Question 16: What is CLEAR?

Question 17: I have an issue with my automobile insurance. Who can help me?

Question 18: What information should newcomers to Canada consider when obtaining automobile insurance quotes?

Question 19: What are diagnostic and treatment protocols?