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
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.
| 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. |
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:
Want this info straight from the source? The Financial Services Commission of Ontario has laid out all the details for you here: