Ontario Launches Consultations to Reform Auto Insurance System
January 9, 2019
OAKVILLE NORTH-BURLINGTON – MPP Effie Triantafilopoulos announced today that the Ontario Government is launching a consultation with Ontario residents to improve the province’s auto insurance system. As promised, Ontario’s Government for the People is keeping its promise to put drivers first.
“We are inviting drivers, consumers, and businesses to have their say on how we can find greater efficiencies and introduce more innovation into our auto insurance system,” said MPP Triantafilopoulos. “I’m proud that we are putting drivers first and keeping our promise to make the auto insurance system better.”
Ontario residents can have their say by visiting https://www.ontario.ca/form/survey-making-auto-insurance-more-accessible-and-affordable-ontario and sharing their input no later than February 15, 2019. This consultation will take place alongside a review of Ontario’s auto insurance rate regulation system. The review will examine practices in other jurisdictions and identify opportunities to achieve greater efficiencies and introduce more competition into the system.
In addition to listening to input on how we can modernize the system by cutting red tape, Ontario is:
- Working with Milton MPP Parm Gill on his proposed legislation that, if passed, would eliminate the unfair practice of discriminating against drivers simply based on where they live.
- Creating a regulatory framework that allows for a more modern auto insurance sector, including electronic communications, and electronic proof of auto insurance.
- Moving toward full electronic commerce, similar to what is already provided by other financial institutions today, including banks and credit unions.