ontario Tag Archives

Transition to the LAT

The LAT is set to begin receiving applications for SABS disputes on April 1. OTLA is addressing significant concerns about the transition, specifically an insured’s ability to access the new dispute resolution process.

Why you need optional car insurance benefits

a hand signs a form with a car in the background

Posted with permission from gironeslawyers.com Several changes to the Ontario Accident Benefits regime in recent years have meant that you do need many of the optional benefits offered by your car insurance company. Because these optional increases cost more money, many people opt not to purchase them. Unfortunately, it is only after they are injured in a car accident that people realize why the optional benefits are …

New Laws Passed to Improve Road Safety for Pedestrians

2015 saw 38 pedestrians struck and killed on Toronto streets – the most annual fatalities of this kind in the past five years. The most vulnerable pedestrians – young children and the elderly – account for the majority of these deaths, with over 60% being seniors. According to the Chief Coroner’s Report on Pedestrian Deaths in Ontario, children and seniors are the most vulnerable pedestrians for …

Tis the Season for Winter Tires and Ontario Insurers are playing Scrooge with the Discounts

Winter tires are an important part of safe winter driving. The tire rubber is more flexible and contacts cold, icy roads in a way that all season and summer tires simply can’t. Shorter stopping distances and greater vehicle control translate to a lower risk of collision and, accordingly, decreased chance of an insurance claim. In April’s provincial budget, the Ontario government promised to make insurance …

Next Halloween, Beware Headless Horsemen, Driverless Cars Roaming Streets

By next Halloween, not only will we see Headless Horsemen roaming the streets but we may also see driverless cars alongside them! Before a call is made to Dr. Egon Spengler and the rest of the Ghostbusters; no – they aren’t ghost cars – they are autonomous vehicles and Ontario is set to become the first jurisdiction in Canada to begin testing them on our …

Profits Soar for Ontario Auto Insurance Companies

Last week, an updated study from York University School of Business Professors Fred Lazar and Eli Prisman was released that reveals consumers likely overpaid $1.5 billion in the last two years for auto insurance. This includes overpayments of $700 million (or about $100 for each insurance policy) in 2014 on top of the $840 million ($120 per policy) in 2013. This study is further proof …