Share on LinkedInShare on LinkedIn

ARTICLE · 09 JUNE 2016

June 1st Changes To Car Insurance A Huge Problem For Ontarians

Ontario's Liberal Government promised to cut car insurance rates prior to the last election. On June 1, 2016 rates will indeed go down, but at a significant cost to accident victims.

CanadaInsurance

Ontario's Liberal Government promised to cut car insurance rates prior to the last election. On June 1, 2016 rates will indeed go down, but at a significant cost to accident victims. Instead of asking insurance companies to cut their own costs in order to reduce rates, the Government and insurance industry decided to drastically cut benefits for some of the most seriously injured people in this Province.

When you pay for car insurance, you are paying for peace of mind; if you or a member of your family are ever hurt in a car accident you believe you'll have access to necessary treatment and care to help during the recovery process. But, the changes mandated by the Government of Ontario will take the current limits of $2 million for Medical & Rehabilitation and Attendant Care benefits available for individuals catastrophically injured in a car accident and slash them in half, down to only $1 million. While the average driver may have seen premiums drop by a total of

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from