Auto Reform Resources

"Providing More Choice" - What you need to know about changes to auto insurance in Ontario

"You Now Have More Choice" - Summary of important changes to your existing policy that take effect Sept 1, 2010 and your next policy renewal.

Understanding My Insurance - This site developed by The Dominion provides detailed descriptions of the upcoming changes. An interactive chart to help you make your choice along with and overview and detailed case studies of the four types of categorized car accidents.

Financial Services Commission of Ontario (FSCO) - Consumer Information on Auto Insurance. FSCO is the regulatory body responsible for Insurance in Ontario. This site includes some FAQs and many other insurance related documents and links.

Financial Services Commission of Ontario FAQs - Auto Insurance Reform Frequently Asked Questions and Answers.

Insurance Bureau of Canada An interactive web page that explains the Ontario Auto Insurance Reform.

Ontario Auto Insurance Reforms

In Ontario, the Insurance Act determines the standard coverage that consumers must purchase. As a result of rescent reforms, some of the features under the Standard Auto Insurance Policy have changed.

These reforms by the Ontario government are intended to provide greater price stability, and give drivers more control over the amount of coverage and price they pay for auto insurance. Beginning September 1, 2010, if you are either buying a new auto insurance policy or renewing an existing one, you will have more options to purchase a level of coverage that is right for you.

As of September 1, 2010, drivers will be able to:

Choose the insurance coverage that best meets their protection needs and budgets.
Customize their level of income replacement, medical, rehabilitation, attendant care, caregiver, housekeeping, death benefits and home maintenance coverage; and
Better integrate their auto insurance with private disability insurance coverage, or individual or group health insurance coverage

All auto insurance policies will continue to include the following:

Third Party Liability
Uninsured Auto coverage
Direct Compensation-Property Damage
Statutory Accident Benefits

In addition, if you previously purchased Collision and/or Comprehensive coverage, it will still be included in your policy.

Ontario Auto Reform Details - Click Here for a comprehensive look at the changes and what they mean to you.

Please take a moment to look at the Auto Reform Resources provided on the right side of this page. These links to documents and other sites can provide you with more details and a better understanding.