Ontario is taking the next step in its plan to help reduce auto insurance rates for consumers by introducing legislation today that would protect the province's nine million drivers and reduce costs and uncertainty in the auto insurance system.
As the next step in the Auto Insurance Cost and Rate Reduction Strategy, the government is introducing the Fighting Fraud and Reducing Insurance Rates Act to protect consumers and continue its crackdown on auto insurance fraud by:
The government is also continuing to explore a province-wide approach to oversight of the towing industry. Consultations with the industry that are underway now will inform recommendations that will be released later this month.
Making auto insurance rates more affordable for drivers is part of the government's economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario's greatest strengths -- its people and strategic partnerships.
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