by Inder Madan | Feb 20, 2019 | Auto Insurance
Average Rate ChangesTwenty-three insurers, representing approximately 51 percent of the market based on premium volume, had rates approved in the quarter. Approved rates will increase on average by 3.35 percent when applied across the total market.Individual RatesThe...
by Inder Madan | Aug 4, 2018 | Auto Insurance
It is very common for parents to lend their vehicle to their children, or for a friend who is moving to borrow your truck. But what happens if your friend crashes your car? By allowing another driver to operate your vehicle, you are taking responsibility for the...
by Inder Madan | Aug 1, 2018 | Auto Insurance
Although the topic was not addressed by the premier himself nor was auto insurance mentioned in the Plan for the people, it was an issue the PC party spoke about. As it stands, drivers in urban areas usually pay more for their auto insurance than drivers in rural...
by kevin | Jul 29, 2018 | Auto Insurance
This past July the latest rate changes were published by the Financial Services Commision of Ontario (FSCO). Every insurance company in Ontario must have changes to their rates approved by the FSCO each quarter. An increase in rates is bad news for everyone, but it...