Office of the Superintendent of Insurance
The Office of the Superintendent of Insurance regulates the business of insurance in Prince Edward Island. All insurers, agent and adjusters operating in the province are required to be licensed under the Insurance Act.
We encourage you to take the time to discuss your policies at purchase, and from time to time, with your agent or insurer, to ensure you continue to maintain the coverages which are right for you. In addition, you should shop around to obtain various quotes as the coverages available and their cost may vary from insurer to insurer.
Automobile insurance is the only type of insurance for which rates are regulated in Prince Edward Island. The Island Regulatory and Appeals Commission regulates these rates. They may be reached at (902) 892-3501 or http://www.irac.pe.ca/.
Consumer Complaints and Inquiries
If you have a problem concerning insurance there are steps you may take on your own which often leads to a resolution.
Step 1: Contact your agent or adjuster to discuss your concerns as they may be able to assist you in reaching a resolution. Have you policy papers and details of your concerns prepared before you call.
Step 2: If you are unable to reach a resolution through your agent or adjuster, contact a senior representative of your insurance company. The company representative should be willing to discuss your issue with you and attempt to reach a resolution.
Step 3: If you still have not reached a resolution, most insurance companies have an internal ombudsperson who you can contact for an additional level of review. There are two groups to assist you depending on the type of insurance:
For home, auto, commercial and other types of general insurance:
General Insurance Ombudservice http://giocanada.org/
For life, accident & sickness, creditor and other health insurance:
Ombudservice for Life & Heath Insurance https://www.olhi.ca/
If you do not reach a resolution through this process you may contact our office. We will assess your situation and provide advice and assistance as necessary. Please note however, that we are unable to take on a direct role in settling an insurance claim and do not have authority to direct any particular action to be taken in the settlement of a claim.
If you require assistance, please contact:
Phillip McInnis (Compliance Officer)
Please also note that at any point, you may opt to contact a lawyer. The Community Legal Information Association of Prince Edward Island's "Lawyer Referral Service" http://www.cliapei.ca/content/page/programs_lrs may provide an initial assessment of any legal recourse you may have at a nominal rate.
Insurance Agent Licensing and Search
Insurance Adjuster Licensing and Search
Insurance Company Licensing and Search
Insurance Company Taxes and Levies
Direct Compensation Property Damage
Automobile Insurance Minor Injury Cap - Annual Indexation
Other Information and Forms
- Public Notice 2015-1
- Decision Number 1001 (Adobe PDF)
- October 1, 2014 Automobile Insurance Reforms
- Standard Owner's Policy PE-S.P.F. No. 1, for accidents occurring on or after October 1, 2014
- October 1, 2015 Automobile Insurance Reforms
- Standard Owner's Policy PE-S.P.F. No. 1, for accidents occurring on or after October 1, 2015
- Standard Garage Policy PE-S.P.F. No. 4, for accidents occurring on or after October 1, 2015