Insurance company record profits

Insurers are reporting record profits, but they still want more.

NS insurers have lobbied the Government to reduce your insurance coverage to increase their profits.

Auto insurers make record profits

Despite this dramatic increase in profits, insurers are lobbying the government to cut your insurance benefits. They say this is needed to reduce insurance premiums. Have you ever received a reduced premium?

Families losing money

INDUSTRY PROFIT

(profit after claims and operating expenses)

2019

$100 million profit in 2019

2020

$248 million profit in 2020

2021

$249 million profit in 2021
Nova Scotia auto insurers profits have increased 150% since 2019

Reality Snapshot

+ 0 %

Increase in Nova Scotia
car insurance profits since 2019

+$ 0 million
Gross profit of Nova Scotia automobile insurers in 2021
- 0 %
Reduction in damage award proposed by insurer
+ 0 %
Increase in people permanently
working from home, meaning less accidents

Stop the Government from reducing your insurance benefits.

Be a check and balance against the insurance lobby.

You deserve to be treated fairly by your insurance company. Join us.

Know the facts

Our webpage has recently been updated with important information. Please give it a good review to be updated on this important matter.

Stay in touch

Stop back regularly to review industry numbers and any initiatives they may be bringing that threaten the rights of Nova Scotians involved in car accidents.

Share with friends and family

Auto insurance affects all of us. We want fair and reasonable auto insurance for the drivers — and victims — of Nova Scotia. The more people who join FAIRNS, the louder our voice will be. Join us and ask your friends and family to join as well.

Join FAIRNS

FAIRNS is a coalition of Nova Scotian drivers, citizens and friends who are concerned about the status of auto insurance, the erosion of rights for victims of negligence and the priority of profits over victims’ injuries and recovery. FAIRNS seeks to educate the public about the true state of the auto insurance market in Nova Scotia and the consequences for injury victims.

Joining FAIRNS means you will be counted among the individuals and organizations that want fair and reasonable auto insurance regulation in Nova Scotia. We are working toward improved benefits and protections for accident victims against the backdrop of a well-funded, profit-motivated industry. This is a classic David-versus-Goliath battle, and we need more slingshots.

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Megan's family was hit head-on by an impaired driver.

Information kit