Beginning on January 1, 2027, Alberta, Canada will introduce a new automobile insurance system designed to lower costs for drivers. Under the 'care-first' model, insurers cannot raise average rates by more than 5%, and premiums will be capped at 10% upon renewal. This new system, which replaces the previous tort-based model, aims to provide compensation for all injured drivers, regardless of fault. An independent report by consulting firm Oliver Wyman estimates that drivers will save an average of $366 annually under this model. The Alberta government, led by Finance Minister Nate Horner, believes this approach will stabilize rates and improve access to benefits for those injured in accidents. While the new system emphasizes individual risk factors for premium determination, it maintains accountability for at-fault drivers, who will still face higher rates. Alberta will be the first province in Canada to adopt this privately delivered, care-first insurance model.