Ontario would provide consumers with more choice and flexibility in their auto insurance coverage under new proposals introduced November 2, 2009.
Drivers could opt for a new basic level of auto insurance coverage that could help reduce their auto insurance premiums, or choose additional levels of medical and rehabilitation coverage. This would allow drivers to buy coverage that best meets their individual protection needs and budgets, while stabilizing insurance premiums in Ontario.
Ontario's basic medical and rehabilitation benefits would remain the most generous of any province with a similar auto insurance marketplace in Canada. The government will work with the insurance industry, health care providers and consumer groups to enhance drivers' awareness and understanding of new choices available to them.
Ontarians would also benefit from 17 consumer protection measures also being proposed. This includes clarifying that certain objectionable quoting practices are prohibited, including using credit scoring to determine whether a driver is insurable or how much to charge a driver for auto insurance.
The reforms would also streamline a number of processes to reduce transaction costs and create a less complex auto insurance system, ensuring more accident benefit dollars go to treating accident victims.