Manitoba car insurance is mainly government-run by Manitoba Public Insurance or MPI. Manitobans have choice only in the optional upgrades to their coverage and a variety of companies provide some competition. But if consumers are not satisfied with the MPI’s service or the rates they are charged in their basic coverage, which makes up the lion’s share of yearly premiums, they do not have recourse to changing insurance providers. Unfortunately along with a monopoly like MPI’s comes less incentive to change to meet your client’s needs. Like other government-run insurance systems in British Columbia and Saskatchewan, Manitoba’s prices are higher than they need be due to lack of competition. They rank fourth just behind Ontario, Saskatchewan and BC. Ontario’s the only one of the top four with private insurance structure. Alberta comes close behind in fifth place followed by lower cost insurance in Quebec and the maritimes.
Manitoba is different among the provinces in that it has a pure no-fault system meaning that it is impossible to sue for more benefits if you are injured. You can only receive benefits along pre-established government guidelines.
Required Manitoba Auto Insurance
- Mandatory minimum third-party liability: $200,000 for any one accident; but, if a claim involving bodily injury and property damage reaches this figure, payment for property damage tops out at $20,000
- Medical payments: No time limit nor limits to compensation
- Disability income benefits: 90% of wages based on annual income less than $89,000 year
- Funeral expense benefits: max. $8,050
- Death benefits: benefits for spouses/partners depend on age of deceased and wage and range from $59,000 to $445,000. Benefits for dependent children depend on their age and range up to $50,000. Disabled dependents receive more. Non-dependent children or parents receive $13,000+.
- Funeral expense benefits: $8,050 max.
- Impairment benefits: $737/week minimum, $147,669 maximum for non-catastrophic injury. Maximum $233,000 for catastrophic injury
- No right to sue for pain and suffering, nor any right to sue for loss greater than that provided by no-fault benefits.
- Optional insurance such as collision and comprehensive is provided by either MPI or private agencies.