Motorists in Manitoban can expect a nice little cheque from Manitoba Public Insurance later this month.

MPI announced in December that it would be issuing another round of rebate cheques to its customers. This morning, MPI noted that all cheques are expected to be mailed by mid-February. According to Eric Herbelin, President and CEO of MPI, their financial strength is again allowing this rebate.

"Once again the public auto insurance model demonstrates its strength and financial benefits to our customers," he says.

About 200,000 COVID-19 rebate cheques are being sent to Canada Post this week. In total, 680,000 cheques will be issued in the coming weeks for a total rebate amount of $312 million.

"The pandemic has negatively impacted many Manitobans personal finances, but it has also reduced the collision claims to MPI allowing for a rebate," says Kelvin Goertzen, Minister of Justice and Attorney General & Minister Responsible for MPI. "Returning these funds to its customers benefits Manitobans and is in keeping with the mandate of Manitoba Public Insurance."

This is the third MPI COVID-19 rebate in less than two years. In total, MPI will have provided rebates of nearly $500 million to its policy holders - $110 million in May 2020 and $69 million in December 2020. This latest will result in about $328 rebated to an average private passenger policy.

The rebate is calculated on the Basic Autopac premiums paid between November 22, 2020, and December 9, 2021, and is expected to be about 27 per cent of the customer's annual Basic Autopac premium. Rebate amounts of $10 or less will be credited to the customer’s account.