The Board is a quasi-judicial administrative tribunal established by the New Brunswick Government in 2004. The Board’s mission is to regulate automobile insurance rates under the Insurance Act for all companies doing business in the Province of New Brunswick and to ensure procedural fairness to all parties appearing before the Board. The Board will ensure New Brunswick auto insurance rates are:
Just and reasonable
and to the greatest extent possible;
Based on New Brunswick driver experience
Based on New Brunswick company experience
Based on comparison to other provinces in Atlantic Canada
