On September 1, 2010, the McGuinty Liberal government introduced changes to Ontario Auto Insurance. These changes resulted in less coverage for the same costs :
- A 50 % cut in medical and rehabilitation benefits
- A drop in attendant-care benefits
- Income replacement coverage fell to 70% of gross income from 80%
This is another insult to Ontario drivers who are paying the same cost for lowered coverage.
Furthermore, The McGuinty government has the audacity to issue a press release in October 2010 advising that Auto Insurance rates have dropped by a whopping 0.1% after a 12% increase in the first 3 months of 2010. You do the math.
More info on this can be found here: