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Ontario Auto Reform

Sep 01, 2010

Ontario Auto Reform

As a result of reforms introduced by the Ontario government, there will be changes to your Automobile Policy effective September 1, 2010.  These reforms have been made in an effort to control claims costs, stabilize premiums and provide more choice to consumers.  You now have more control in selecting automobile insurance coverage that meets your individual insurance needs.

We have enclosed material to highlight the changes and to help you locate more information about the up coming auto reforms and how they will effect you.  Please pay special attention to the enclosed documents as some coverages under your auto insurance policy have been reduced.

It is worth noting that these reforms make the auto insurance product less vulnerable to factors that have recently driven cost upward.  These reforms concentrate on long-term rate stability, not on immediate price reductions.  As always, your individual insurance needs and coverage selections will determine the price you pay for insurance.

If you have any questions regarding your policy, coverage, or general insurance needs please contact our office.