First natural gas rates and now insurance for your vehicle.  The provincial government has approved their second rate increase this week.

Vehicle insurance will go up by about 4.4% for nearly 80% of vehicle owners this fall, after the rate increase was approved by the province. SGI was looking for a 5.3% increase but the Rate Review Panel said 4.4% was more appropriate and the government agreed.

That works out to about $45 a year starting at the end of August but about 17% of drivers will see a decrease as part of rebalancing.