What the Ontario Party Platforms Say about Auto Insurance

Here is what you can expect from each of the parties with respect to auto insurance if they should win the election.


Auto insurance was essentially set out in the 2014 Spring Budget  was failed to pass before the election. The rate reduction strategy is on target and average rates will be 8% lower by August 2014 and 15% lower by August 2015. The budget document does not specific initiative to archives these targets. Average rates are down 5.6% end of first quarter of 2014. the recently released “Automobile Insurance Transparency and Accountability Report” highlighted that, without these reforms, insurance rates would have needed to increase significantly.

In March 2014, the Liberals introduced Bill 171, Fighting Fraud, Reducing Automobile Insurance Rates Act, 2014.  The Bill proposed initiatives rate reductions. Includes legislative amendments, for the dispute resolution, crack down on fraud and abuse, other cost-saving measures. The government is building on investigation and prosecution office on fraud, focus on auto insurance fraud.  It would be on Task Force’s fraudsters should be vigorously pursued and prosecuted where evidence warrants.

New Democratic Party

The NDP release their platform slowly. The NDP pressured the Liberal in 2013 to reduce insurance by 15%.  They have promised to lower rates by 15% within a year of forming a government. The Liberals two-year commitment to lower rates ends on August 15, 2015.  If the NDP win the election next month, their commitment would end on June 12, 2015. They are proposing a permanent transparent rate-setting and providing voice to consumer in rate setting.

Progressive Conservatives

The PC have had an auto insurance action plan for some time now. The PC plan proposes reforms in four key areas: eliminate red tape, fight insurance fraud, make the dispute resolution system more effective and ensure auto insurers are accountable to customers. Users could opt for a private mediator instead of a government one in order to reduce wait times. PC auto insurance would be use for Health Claims for Auto Insurance (HCAI) electronic billing system to identify fraud. the establish of special office of Crown Attorney to prosecute fraudsters.

Finally, they would increase accountability by making senior insurance executives personally and financially liable for the conduct of their company.

sharifullah Mahboob is a Paralegal student at Centennial College in Toronto studying professional communications with Omar Ha-Redeye.

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