Future of Car Insurance: How the PC Win Will Affect Rates in Ontario Jun 20th

All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News
 insurance agents

BREAKING: Ontario Car Insurance Rates Have Increased Jul 18th

Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 1.11 per cent on average..... More »
 commercial insurance

A Year of Rate Hikes: Ontario Car Insurance Rates Have Increased Again Jan 15th

Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 3.35 per cent on average..... More »

Hidden camera reveals how bank employees mislead and upsell on pricey credit card insurance Nov 7th

A Marketplace hidden camera investigation is raising questions about how bank employees are selling a pricey and controversial product marketed to help with credit card payments if you lose your job or get sick..... More »

Great-West Life websites hit with outage after IT upgrade Jun 28th

Various Great-West Life websites have been offline for several days following what the company calls a routine IT upgrade, but the benefits and insurance giant says it has not been the victim of a hack, and customers are able to file claims as normal..... More »
 house insurance

Hurricane Scalise Jul 22nd

A GOP leader wants to scuttle even minor flood insurance reform..... More »
Future of Car Insurance: How the PC Win Will Affect Rates in Ontario
Now that the election is over, it’s unclear how newly-appointed Premier Doug Ford will tackle rising auto insurance rates in Ontario.
Over the course of the 2018 provincial elections, both the Liberal and NDP party touched on plans to tackle rising auto insurance rates in Ontario – a hot topic for any Ontario resident with a vehicle, as the province is known to have the highest rates in the country. However, now that Doug Ford’s PC party won the election, it’s unclear how rates will be affected. The party’s published agenda mentions items like scrapping the carbon tax and lowering hydro fees, but does not specifically address the subject of auto insurance in the province.
Prior to Ford becoming the party leader this past March, the PC party indicated that if it was in power, it would end the practice of factoring where you live into your auto insurance rates. Statistically, drivers in urban areas pay more for coverage than drivers in rural areas because insurers receive more claims in areas that are heavily populated and simply have more people on the road…

Continue Reading On ratesupermarket.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!