Ontario's new auto insurance rules in effect. Here's what to know
New auto insurance regulations in Ontario allow drivers to opt out of nine previously automatic accident benefits to save on premiums. Experts warn that this choice could leave policyholders significantly underinsured in the event of a serious accident.
Why it matters
This change directly impacts the financial security of Ontario drivers, forcing a trade-off between immediate cost savings and long-term risk protection.
TORONTO — Ontario’s new auto insurance rules are now in effect offering drivers the option of saving money on premiums, but that comes with the risk of lacking coverage when they need it.
The article presents both the potential savings and the risks, maintaining a balanced perspective on policy changes.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in