| Sector: |
Auto
|
|---|---|
| Status: |
Active
|
| Category: |
Indexation
|
| Guidance number: | AU0129DEC |
| Guidance name: | 2025 Automobile Insurance Indexation Amounts |
| Effective date: | 2025-01-01 |
| Previous versions: | |
| Comments: | Under the Insurance Act, FSRA is required to publish the indexation percentage and certain amounts annually for purposes of the Statutory Accident Benefits Schedule and tort claims.
The indexation amounts related to auto insurance injury claims and are updated every year to ensure consumer benefit payments keep pace with inflation. FSRA calculates the indexation rate using data from Statistic Canada’s Consumer Price Index (CPI) for Canada. |