Category Archives: News

Reporting Changes for Minor Accidents

Subject to the exception described below, an insurer may not take into consideration a minor accident that occurs on or after June 1, 2016 in deciding whether to issue, renew or cancel a contract or in determining the premium, if all of the following criteria are met: The cost of damage to each vehicle involved…
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Important Changes to Auto Insurance

Auto insurance is changing - what you need to do All owners of vehicles in Ontario must purchase a standard auto insurance policy. Effective June 1, 2016, to help make insurance premiums more affordable, the benefits and coverages you receive in a standard auto insurance policy changed – some were reduced, and some options for…
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Auto Insurance Reforms Require Informed Decisions

Only 10 Per Cent of Ontario Drivers Know Policy Details June 15, 2016 A recent survey reveals that Ontarians may not know as much about their auto insurance as they believe they do. The survey, commissioned by the Financial Services Commission of Ontario (FSCO), shows that while 75 per cent of Ontarians who have auto insurance…
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