1-888-976-5423

Auto insurance rates to rise as coverage falls

Ontario has approved stiff increases in auto insurance rates prior to changes aimed at cutting the cost of minor injury claims. The most startling and puzzling increase –  27.3 per cent for money-losing TD General Insurance Co. – would come into effect Sept. 1,...

Why your auto insurance is about to go up

Tim Shia is perplexed and frustrated. The 36-year-old Toronto musician has been trying for months to understand why the premiums he pays to insure two vehicles have gone up by 45 per cent since 2008, despite his good driving record. That includes a jump of 26 per cent...

Some hikes as high as 30 per cent

Millions of Ontario drivers are about to be slammed with double-digit premium hikes. In the Greater Toronto Area, for example, the average driver is likely to pay nearly 14 per cent more. Ten insurers serving more than a quarter of Ontario drivers have just been...