The Ontario Trial Lawyers Association, and groups like the Insurance Bureau of Canada (IBC), Insurance Brokers Association of Ontario (IBAO), and FAIR Association, has had mixed responses to the proposed auto insurance reforms in Ontario.

The IBC supports the reforms as a step toward more flexibility for consumers, with the potential to lower premiums by allowing drivers to choose which coverages they need. They view it as an improvement that addresses longstanding issues in Ontario’s auto insurance system, especially given Ontario’s high premiums compared to other provinces  .

However, the FAIR Association, representing accident victims, expressed concerns that the reforms do not adequately address catastrophic injury coverage, as the government has not raised the $1 million cap on benefits to $2 million, as previously promised. This shortfall has drawn criticism, as it leaves severely injured claimants with potentially insufficient support for medical and rehabilitation needs .

The IBAO acknowledges that the reforms could create complexity, placing more responsibility on brokers to educate consumers on the coverage options and risks. This concern reflects the potential burden on consumers, who may choose lower coverage options to save on premiums without fully understanding the impact during a claim .

These associations continue to consult with the Ontario government, about these changes. Talk to our lawyers if you have any questions about the various Auto Policies and coverage issues.