The Ontario government has launched a review of the province’s auto insurance system and is looking for the public’s opinion. Brampton residents obviously have a lot to say on the topic.
The PCs say they plan to examine practices in other jurisdictions around the country to try and find ways to make things more competitive, and to hopefully lower prices for consumers.
As part of the public consultation drivers, insurance companies and stakeholders can have their say online until February 15.
A report by the Wynne government from 2016 found that Ontario drivers had the most expensive car insurance premiums in the whole country, despite a lower level of accidents and fatalities.
Since then Ontario has fallen behind British Columbia, but Brampton drivers still pay some of the highest premiums in Canada.
The Liberals previously promised a 15
Minister of Finance Vic Fedeli says the PCs have a
“The previous government’s failed system of stretch goals on auto insurance is clearly broken,” says Fedeli. “Auto insurance rates in Ontario are among the highest in the country, and action is needed.”
Take the survey here.