Ontario Automobile Reform

On September 1st, 2010, the Ontario Government is implementing a major overhaul to automobile insurance in the province.  These changes provide consumers with more choice and flexibility to purchase coverage that best suits their protection needs and budgets.

You now have choices to customize your medical and rehabilitation benefits, certain deductibles and income replacement coverage.  The new standard Ontario automobile policy, to be effective September 1st, includes several significant changes from the current standard policy, including provisions that will result in lower coverage for the client.
 
The goal of these changes is to achieve rate stabilization by keeping the costs incurred by insurers in check. Without these reforms, major rate increases would be required.

For more info and a detailed chart that summarizes these changes please click HERE