Regulatory Ontario auto insurance changes explained

In June 2016, the Ontario government made changes to your standard auto insurance policy.

Why does this matter? In order to lower prices, some of the Accident Benefits coverages that used to be part of the standard auto policy have been reduced, eliminated or changed in some way. If you’re buying or renewing auto insurance in Ontario, your new policy will automatically have the lower coverages.

Here’s a quick summary of what’s changed and the options that are now available. We recommend you compare your current and new policy to make sure you’ve got the coverage you need.

A look at changes to Standard Benefits

Accident Benefits Coverage Standard then Standard now Your options
Medical and Rehabilitation for non-catastrophic injuries $50,000 These benefits have been combined and reduced to $65,000 total.
 
P.S.: Sonnet calls this combined benefit Medical care for other injuries
Upgrading to $72,000 and $100,000 options have been eliminated.
 
New optional upgrade to Combined Medical, Rehabilitation and Attendant Care of $130,000 for non-catastrophic injuries.
 
Attendant Care for non-catastrophic injuries $36,000 Standard now: these benefits have been combined and reduced to $65,000 total. P.S.: Sonnet calls this combined benefit Medical care for catastrophic injuries. Your options are: upgrading to $72,000 and $100,000 options have been eliminated. New optional upgrade to Combined Medical, Rehabilitation and Attendant Care of $130,000 for non-catastrophic injuries.
Medical and Rehabilitation for catastrophic injuries $1,000,000 These benefits have been combined and reduced to $1,000,000 total.
 
P.S.: Sonnet calls this combined benefit Medical care for catastrophic injuries
New optional upgrade to Combined Medical, Rehabilitation and Attendant Care of $1,000,000 for catastrophic injuries.
Attendant Care for catastrophic injuries $1,000,000 Standard now is these benefits have been combined and reduced to $1,000,000 total. P.S.: Sonnet calls this combined benefit Medical care for catastrophic injuries. New optional upgrade to Combined Medical, Rehabilitation and Attendant Care of $1,000,000 for catastrophic injuries.
Medical, Rehabilitation and Attendant Care for all injuries Not applicable Not applicable Increase the combined non-catastrophic benefit to $1,000,000 and the combined catastrophic benefit total to $2,000,000.
 

One more thing you might like to know

Your insurance company can no longer use a minor at-fault accident that happened on or after June 1, 2016 to increase your premiums (as long as it meets certain criteria). Here’s the fine print:

  • no payment has been made by any insurer
  • there are no injuries
  • damages to each car and property were less than $2,000 per car and were paid by the at-fault driver
  • this is limited to one minor accident every three years 

Want this info straight from the source? The Financial Services Commission of Ontario has laid out all the details for you here: Important Changes to Auto Insurance Opens in new window.

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