Auto Insurance.

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:

http://www.cbc.ca/canada/toronto/story/2010/09/01/ontario-auto-insurance638.html

http://toronto.ctv.ca/servlet/an/local/CTVNews/20100715/auto-insurance-100715/20100715?hub=TorontoNewHome

http://news.ontario.ca/mof/en/2010/10/auto-insurance-rates-stabilizing-in-ontario.html

 

 

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