What Is AIRB? Your Guide to Alberta Auto Insurance Rates and Comparison Tools
The Automobile Insurance Rate Board (AIRB) is an independent agency established by Alberta’s Minister of Finance. We regulate auto insurance rates and help Albertans understand the insurance marketplace. We don’t sell insurance, but our free tools at airbfordrivers.ca let you compare current rates across Alberta insurers, check average premiums by postal code, look up approved rate changes and find insurance companies, brokers and quoting sites in one place.
Who Is AIRB?
AIRB stands for the Automobile Insurance Rate Board. We’re an independent agency established by the Minister of Finance and we work for Albertans, not for insurers. Our job has two sides: making sure auto insurance rates in Alberta are reviewed under clear rules and helping drivers understand how it all works.
What Does AIRB Do?
We review auto insurance rates. Insurers need approval before they change their rates or rating programs in Alberta. AIRB reviews these changes against five principles, including the rates must be evidence-based, fairly tied to risk (not income) and communicated clearly to consumers.
We keep Albertans informed. Insurance can feel complicated. We explain how rates work, what affects your premium and what your options are.
We oversee the marketplace. We keep an eye on how the auto insurance market is performing for Albertans.
Does AIRB Sell Insurance?
No. AIRB isn’t an insurance company, broker or agent, so we can’t quote or sell you a policy. What we can do is point you to the information and the insurers who can.
How Can AIRB Help Me?
Our website, airbfordrivers.ca, has free tools for drivers:
- Compare Rates: See how current rates compare across Alberta insurers, so you know what’s out there before you shop.
- Insurance Company Directory: Find insurers, brokers and quoting sites which operate in Alberta, all in one place.
- Premiums by Postal Code: See average premiums and claims costs for your area, a handy benchmark for your own quote.
- Rate Change: Check approved rate changes for insurance companies over the past three years.
What Types of Insurance Does AIRB Cover?
Our work regulates premium rating programs for a wide spectrum of vehicles including private passenger vehicles, commercial vehicles, ATVs, etc.
How Do I Get Started?
- Visit airbfordrivers.ca.
- Check the average premium for your postal code to get a feel for average costs.
- Use Compare Rates to see how insurers stack up to a profile close to yours.
- Use the Shopping Guide and Worksheet to organize your information
- Use the Insurance Company Directory to find insurers, agents and brokers, then request quotes.
Contact AIRB
- Website: airbfordrivers.ca
- Phone: 780-427-5428
- Email: airb@gov.ab.ca
- Address: #2440, 10303 Jasper Avenue, Edmonton, AB T5J 3N6
- Social: @albertaairb: Instagram, Facebook, LinkedIn and YouTube
Frequently Asked Questions
What does AIRB stand for? The Automobile Insurance Rate Board, an independent agency established in 2004 by Alberta’s Minister of Finance.
What does AIRB do? It regulates auto insurance rates in Alberta and educates Albertans about the insurance marketplace.
Can I buy insurance from AIRB? No. AIRB doesn’t sell insurance. Our directory helps you find insurers, brokers and quoting sites which do.
How can I compare auto insurance rates in Alberta? Use the Compare Rates tool at airbfordrivers.ca to see current rates across Alberta insurers.
How do I find the average car insurance premium for my area? Use the Premiums by Postal Code tool on airbfordrivers.ca.
Can I see whether my insurer’s rates have changed? Yes. The Rate Change Lookup shows approved rate changes for insurance companies over the past three years.
Is AIRB’s information free? Yes. All of the tools and information on airbfordrivers.ca are free to use.
What if I still have questions? Feel free to call or email us and AIRB staff will help answer your questions.