Manitoba Public Insurance customers who use an extension program to cut deductibles to $100-$200 from $500 no longer have to pay out-of-pocket for vandalism damage.
That could aid Canadian body shops whose customers might have otherwise failed to fix vandals’ damage because of the up-front deductible eliminated Friday. An average claim is $1,300, according to the insurer.
A news release from the government-created insurer indicates the change occurred Friday for “approximately 75 per cent of all Manitoba Public Insurance customers who currently have the optional $100 and $200 deductible packages.”
It won’t be completely free; those who bought the optional insurance will pay $3-5 annually in premium increases. So if you don’t get vandalized at all in 20 years, the public company comes out ahead.
However, the move was prompted by a spate of vandalism around Winnipeg this year, which the Winnipeg Sun reported Friday is declining but had gotten pretty bad.
“There’s been an outbreak of car vandalism in River Heights, and we know how this can really impact neighbourhoods and a sense of family well-being and family finances,” Manitoba Attorney General and Minister of Justice Gord Mackintosh told the Sun. “It wasn’t just a matter of paying $100 (once). It was a hundred, and a hundred, and a hundred, and a hundred. People were asking to have some relief of this.”
The insurer saw 10,000 vandalism claims in 2014. The province had about 759,000 vehicles weighing less than 10,000 pounds registered that year.
“As Manitoba’s public auto insurer, we recognize the need to continually adapt our products and services to meet the evolving needs of our customers,” Chief Product Officer Ward Keith said in a statement. “We’re pleased to be able to offer our customers the option to eliminate the deductible for vandalism losses if they choose to do so.”
“Manitoba Public Insurance offers new options to eliminate deductible for victims of vehicle vandalism”
Manitoba Public Insurance, Sept. 25, 2015
“MPI vandalism coverage an extra $5 per year — or less”
Winnipeg Sun, Sept. 25, 2015
Featured image: Cars are parked in Winnipeg, Canada, in this undated photo. There’s been a spate of vandalism around Winnipeg in 2015. (Ingram Publishing/Thinkstock file)