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ARTICLE · 10 FEBRUARY 2025

Key Numbers For 2025

In December 2024, the Financial Services Regulatory Authority of Ontario ("FSRA") published the 2025 monetary thresholds and deductibles for non-pecuniary general damages...

CanadaLitigation, Mediation & Arbitration

Statutory Deductibles and Monetary Thresholds for Motor Vehicle Accident Claims

In December 2024, the Financial Services Regulatory Authority of Ontario ("FSRA") published the 2025 monetary thresholds and deductibles for non-pecuniary general damages under the Insurance Act and O. Reg. 461/96: Court Proceedings for Automobile Accidents that Occur on or After November 1, 1996.1 The updated monetary thresholds and deductibles are applicable to damages for non-pecuniary loss from January 1, 2025 to December 31, 2025.

As of January 1, 2025, the deductible for damages for non-pecuniary loss in motor vehicle accident-related personal injury claims ("deductible") is $46,790.05, representing a slight increase over the 2024 deductible amount of $46,053.20. The deductible for damages for non-pecuniary loss in Family Law Act claims has also increased slightly from $23,026.61 to $23,395.04.2

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