WATCH : The Alberta government calls its new insurance plan good news for good drivers. It's promising reforms to help cut high auto insurance costs, but critics say it won't help, Morgan Black has more – Nov 1, 2023is withdrawing its auto and home insurance services from Alberta effective January 2025. For customers, that means they’ll have to find another insurance company when their current policy expires because Aviva won’t renew it.
An Alberta government spokesperson said Aviva Direct and Sonnet represent about one per cent of the insured vehicles in Alberta. “In particular, litigation costs are the biggest factor driving up auto insurance premiums for Albertans. We acknowledge that the Alberta government has launched a consultation on auto insurance reforms and we are committed to work with the government to find solutions for Albertans and insurers.”Justin Brattinga, spokesperson for the ministry of finance, said Sonnet and S&Y are the only companies to withdraw services in Alberta and the province is not aware of any others leaving.