All COVID rebate cheques – 675,000 in total – are now in the mail, according to Manitoba Public Insurance (MPI). In total, $69 million will be returned to Manitobans.
This second rebate was made possible by the combination of fewer collision claims, about 20 per cent lower from mid-March to the end of October compared to the previous year, and MPI’s forecast of collision frequency remaining favorable into the spring.
Rebates were based on what policyholders paid during this period and is estimated to be about six per cent of their annual Basic Autopac premium. To date, 50,641 have cleared MPI’s account, worth a total of $3.7 million. For rebates less than $10, no cheque will be issued; the customer’s account will automatically be credited.
Last May, MPI issued its first COVID rebate totaling $110 million.
