In response to
customer concerns, Manitoba Public Insurance is proposing to pay an additional
premium rebate, and will soon submit an application to the Public Utilities
Board.
The current rebate rules
only allowed Manitoba Public Insurance to rebate premium for policies that were
renewed between March 1, 2009 and February 28, 2010 or for any new policies
that started between those dates. These rules did not consider premiums paid
from March 1, 2009 to February 28, 2010 if the start of the policy was outside
of that window.
In effect, the Corporation will be asking
that all ratepayers receive the "greater of" a calculation based on
both basic premiums paid in the fiscal year 2009/10 and on the 2009/10
insurance year. It is important to note that this will only apply to customers
who had less than 12 months of premium.
This will ensure that affected customers
receive a rebate based on the calculation that is most advantageous to them and
eliminates any potential disadvantage based on their particular vehicle or
Autopac purchasing decisions.
The timing of these additional cheques will
depend on the PUB's review and approval.
For more information about the rebate cheque that you received or any other general Autopac quesstion, please Contact Us at one of our Horizon offices.
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