Interurban and IRCA rate changes
Effective November 22, 2022, for new business and December 22, 2022, for renewals, we are introducing the following changes for interurban and individually rated commercial automobiles:
- Increase in base rates to ensure rate adequacy, resulting in an overall impact in the upper single-digit range.
- Removal of rate capping which was implemented in May 2020 to help alleviate the financial impact of Covid on IRCA customers.
If you have questions, please contact your Intact Insurance representative.
We appreciate your business and are grateful for your support.
|