Insurance rates across Ontario have been steadily rising, driven by a range of factors — from increasingly severe weather events to rising repair costs, ongoing supply chain disruptions, and inflation. For automobile policies the newer issues of escalating vehicle theft rates and the rising cost of the used vehicle are also pushing these increases forward.…
Before you know it, the first snowflakes begin to fall and frosty mornings make their return, winter has arrived! This season brings unique challenges for drivers, icy roads, heavy snowfall, and freezing temperatures can turn a routine drive into a risky endeavor if your vehicle isn’t ready for the harsh conditions. Whether you’re planning a…
Vehicle theft is a growing concern in Ontario, and insurance companies are responding with new surcharges for high-risk vehicles. In 2022, Canadian insurers paid out a staggering $1.2 billion on car theft claims, with Ontario experiencing a 48% increase in thefts. This rise not only affects those who lose their vehicles but also impacts communities…
Accident Benefits in Ontario Accident benefits are an extremely important section of your car insurance policy! This often-overlooked component of your auto insurance policy offers vital support—covering medical expenses, rehabilitation, and even attendant care—regardless of who’s at fault. Government Changes to Accident Benefits Coverage In 2016, the Ontario government made significant changes to the auto…