Changes to Your Auto Insurance Rates

From the Insurance Brokers Association of Ontario: On August 23, 2013, Charles Sousa, Minister of Finance, Ontario, announced a targeted 15 per cent average rate reduction on Ontario auto insurance premiums.  The reductions are targeted to take place over a two year period – with an average of eight per cent reduction by August 2014 and the remaining seven per cent the following year.

Click here to read the IBAO’s release.

If you have questions regarding your auto insurance premiums please contact your broker.

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