tag:blogger.com,1999:blog-7710886155806685107.comments2023-06-06T09:57:02.881-04:00Ontario Auto Insurance TopicsWillie Handlerhttp://www.blogger.com/profile/06750152514615962622noreply@blogger.comBlogger50125tag:blogger.com,1999:blog-7710886155806685107.post-1903467755088372692018-11-21T08:05:27.029-05:002018-11-21T08:05:27.029-05:00Thank you Willie for the perfect articles about On...Thank you Willie for the perfect articles about Ontario <a href="http://www.insurancefellow.com/" rel="nofollow">auto insurance</a>. I am a follower of your blog from now on.Harun TURANhttps://www.blogger.com/profile/00533093389517250456noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-30589101494104690722017-01-17T19:55:26.801-05:002017-01-17T19:55:26.801-05:00Willie, I think I am going to disagree with you on...Willie, I think I am going to disagree with you on your last paragraph. Being an insurance professional and been in the industry for over 16 years, I have talked to many many clients myself and offered additional coverage for a cost of a coffee but they always wants to keep their premiums low and declines all the additional coverages. However, they only realize that they do not have certain coverage when a claim happens.<br /><br />New SABS rule that came in in June 2016, FSCO, IBC had posts on social media. Insurance companies sent pieces of information in mail to each of their policy holders. You also receive a notification with your renewal documents. Your broker/insurance company advises you of the changes when you call them to discuss your policy. New policy holders are notified of the changes and are offered additional coverage. Brokers gets clients signature to confirm that they have been advised, explained and offered additional coverage/benefits and gets the clients to sign off confirming they are making informed decision of declining the extra coverage.Anonymoushttps://www.blogger.com/profile/12290329175294023298noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-37406956908118685412017-01-17T19:50:25.110-05:002017-01-17T19:50:25.110-05:00Insurance companies notifies the clients when chan...Insurance companies notifies the clients when changes happens and asks clients to contact their broker to discuss further. Insurance companies also sends information with the renewal package advising them of the changes that occurred on their policy due to legislative changes. Insurance companies and brokers also takes the opportunity whenever they speak to their clients and explain the changes and offer coverage that has been lost due to the changes but clients always thinks that insurance brokers/companies are trying to take more money out of their pocket. I am not sure if the policy holders actually read those documents.<br /><br />I have been an insurance broker for over 16 years and have talked to many many clients about the changes myself but many of them are not interested in paying extra for the additional benefits as they want to keep their premium low.Anonymoushttps://www.blogger.com/profile/12290329175294023298noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-47112445661182518032016-11-14T18:12:13.899-05:002016-11-14T18:12:13.899-05:00Auto insurance rates in Ontario have been stable s...Auto insurance rates in Ontario have been stable since 2010 but only because there have been several rounds of benefit costs during that period. The rate differential in Ontario and Alberta is because of several factors - higher concentration of drivers in the Toronto area, different driving conditions, the product in Ontario is different than in Alberta, fraud, the cost of administering the Ontario system is too high.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-32440432010702149892016-10-31T18:11:29.438-04:002016-10-31T18:11:29.438-04:00Hi there, I enjoyed your article. I was shopping a...Hi there, I enjoyed your article. I was shopping around for high risk auto insurance rates, and is it your opinion that rates have gotten a little more competetive in Ontario of late? I'm now in Alberta but considering a move back to Ontario and wanted to research a little. I know that there are some good providers out there in Ontario likethese guys, https://2ndchanceautoinsurance.ca/onlinequote/ but I am still shocked at the difference between Alberta and Ontario. Thoughts? Is this a permanent trend upwards, cost wise? Thanks again, ChristyMiss Thttps://www.blogger.com/profile/00056283210609794311noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-37802321256463530132015-12-09T09:19:35.206-05:002015-12-09T09:19:35.206-05:00Once the insurance issues have been sorted out the...Once the insurance issues have been sorted out there really is n o argument against ride sharing except that it will hurt taxi drivers who have paid large sums of money for taxi plates. But nobody guaranteed that this was a wise investment on their part.Anonymoushttps://www.blogger.com/profile/01633749698078429814noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-57837960483959319522015-09-24T04:43:40.697-04:002015-09-24T04:43:40.697-04:00The UberX app does not abide by local regulations ...The UberX app does not abide by local regulations that require taxi drivers to hold commercial insurance and licences.<br /><br />Rim Sanson,<br /><a href="http://www.uber15blogger.blogspot.com/2015/09/a-regulatory-ridesharing-mobile-app.html" rel="nofollow">Premkumar V</a>Anonymoushttps://www.blogger.com/profile/14442528926421442116noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-48697876171407458272014-09-20T19:51:24.649-04:002014-09-20T19:51:24.649-04:00Thanks for the comments. I agree with everything ...Thanks for the comments. I agree with everything you've said. I wasn't trying to idolize Uber. My final comment was merely reflecting on how Uber's hard-nosed tactics will likely win out in Toronto as they have elsewhere. <br />Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-32683674480598828992014-09-19T14:15:31.457-04:002014-09-19T14:15:31.457-04:00Disclaimer: I work for Uber rival Hailo. Great pos...Disclaimer: I work for Uber rival Hailo. Great post. But let's not give Uber more credit than they are due. The "spell" you reference in your last sentence is a technology that improves personal transport. It's called GPS and it creates great convenience and efficiencies for passengers and drivers alike. Uber, Hailo, Taxi Magic, Gett, Lyft and MyTaxi...many companies are offering services based on this. Uber's main contribution to this area is NOT innovation, however, they are unique in two principal areas: shafting their drivers (by asking them to commit insurance fraud by taking paid rides on personal insurance ahead of legal changes, paying them $1 per mile when they have a passenger, minus gas, and not passing on to drivers the "tip" they tell passengers they have covered), and by fleecing passengers with advertising that promises fares of "up to" 40% off compared to taxis but then implementing 'surge pricing' with fares of up to 800% - eight hundred per cent - MORE than taxis when it rains or when the bars let out. In two years we'll be asking ourselves how on earth these short-termist, land-grabbing Silicon Valley juveniles managed to get away with it all. And we will then experience some well-deserved collective shame.Chris McLellanhttp://hailoapp.comnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-43605981429812337682014-04-01T12:24:28.240-04:002014-04-01T12:24:28.240-04:00Although I was the policy lead for the government ...Although I was the policy lead for the government on auto insurance for many years I did not set the policy agenda. Those decisions were made by others. <br /><br />In 2004, I was asked to do work on replacing the Designated Assessment Centre system. A consultation paper was released on a proposed Expert Assessor Network (it's mentioned on my Report page). The proposed system would have required insurers and treating practitioners to use a rostered health care provider to conduct an assessment. The proposal was universally condemned. No one wanted to lose the ability to submit an assessment that supported their position.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-29989455084512314162014-03-31T19:03:03.798-04:002014-03-31T19:03:03.798-04:00But why have you never made an effort to clean up ...But why have you never made an effort to clean up the IME system and purge it of the rogues. Master Short asked when the insurer IME vendors would ever change their partisan stripes. FSCO and the IBC and the successive reviewers all turn a blind eye to unqualified, amateurish and even fraudulent insurer assessments and insurer "hired guns" who call everyone they assess a faker. Why have you so studiously ignored this problem. Is it simply because it isn't a "problem" for the insurers and the IBC?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-40886314818910808642014-03-17T22:51:42.594-04:002014-03-17T22:51:42.594-04:00The bill creates considerable regulation-making au...The bill creates considerable regulation-making authority. So it is difficult to determine what the new system will look like until the regulations are available. But your question needs to be directed to the Ministry of Finance.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-60882602824895884802014-03-14T10:13:33.919-04:002014-03-14T10:13:33.919-04:00Is it true that special awards are eliminated - an...Is it true that special awards are eliminated - and referrals to market conduct? Why hasn't that been mentioned anywhere till now?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-78818403574363530682014-02-11T13:25:06.985-05:002014-02-11T13:25:06.985-05:00The various proposals announced have either been i...The various proposals announced have either been implemented or are in the process of being implemented. Please check out other posts on this blog for updates.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-3817426189243939252014-02-11T10:23:00.672-05:002014-02-11T10:23:00.672-05:00Hi Mr. Handler. Your post is really an in-depth ap...Hi Mr. Handler. Your post is really an in-depth approach on how the Ontario government justifies the budget for car insurance. Have the proposed changes took over? I think the 15% rate roll-back would be very beneficial. Thank you for sharing!<br /><br /><a href="http://insuranceadvntg.blogspot.com/2013/12/permanent-vs-term-insurance-battle.html" rel="nofollow">Season Reza @ InsuranceAdvantage.ca</a> Anonymoushttps://www.blogger.com/profile/09634274706313632833noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-48148368154172371672014-01-24T17:09:34.589-05:002014-01-24T17:09:34.589-05:00This may not be totally accurate but I believe the...This may not be totally accurate but I believe the following recommendations have been implemented: 4, 9, 10, 11, 12, 14, 16, 17, 18, 20, 21, 22, 25, 26, 28, 30, 32, 36<br /><br />In addition, a number of recommendations are still in the process of being implemented.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-81098239391105029052014-01-24T08:32:01.786-05:002014-01-24T08:32:01.786-05:00Other than replacing the system with government-ru...Other than replacing the system with government-run one, reduce transaction costs, over treating accident victims and fraud. There are no simple solutions.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-23984573170293022222014-01-22T10:05:42.705-05:002014-01-22T10:05:42.705-05:00Any ideas for making the Ontario auto Insurance pr...Any ideas for making the Ontario auto Insurance product better/more affordable? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-56158378052305514272014-01-21T09:45:26.854-05:002014-01-21T09:45:26.854-05:00Which 18 of the 38 recommendations have been achie...Which 18 of the 38 recommendations have been achieved so far?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-14477248483683170782014-01-07T21:22:10.931-05:002014-01-07T21:22:10.931-05:00The regulations state that the principal represent...The regulations state that the principal representative shall take reasonable steps to ensure that the licensee’s business systems and practices and the management of the licensee’s operations are carried on in accordance with the law and with integrity and honesty. So if the facility is covered by PHIPA then the regulator will expect compliance.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-22466156852413779382014-01-07T21:12:27.896-05:002014-01-07T21:12:27.896-05:00I'm not aware of any jurisdiction that require...I'm not aware of any jurisdiction that requires policyholders to go through arbitration before going to court. Some jurisdictions require you to go through mediation first. Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-73446295508541224622014-01-07T14:59:59.955-05:002014-01-07T14:59:59.955-05:00Does compliance with the Law means compliance with...Does compliance with the Law means compliance with PHIPA laws and other laws governing PHI?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-28628852977122876372014-01-07T11:34:16.900-05:002014-01-07T11:34:16.900-05:00I was looking at arbitration process across severa...I was looking at arbitration process across several countries. I see that arbitration can be seen as a negative thing in the USA as it can be seen as a way of stopping people from taking their case to courts. This is specially the case if the policy terms forces policyholders to go through arbitration first or dictates it as a means of dispute resolution. <br /><br />I see a move towards more freedom as to how you want to settle your differences with your car insurance company in Canada as well. I guess, people want the option to sue and it would be good news for lawyers. Joe Moorehttp://talkcarinsurance.comnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-73060144578858907262013-12-19T10:00:05.075-05:002013-12-19T10:00:05.075-05:00There still needs to be much reform with respect t...There still needs to be much reform with respect to s.44 IEs. It is rather concerning when a claimant receives less than 5,000 in med/rehab treatment but s.44 costs are over 20,000. There is virtually no limit to the number of IEs an insurer can/does request. These funds would be more appropriately spent on getting claimants back to their pre-accident status rather than refuting the treatment suggested by their provider. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7710886155806685107.post-12152052729251560792013-09-18T09:02:39.596-04:002013-09-18T09:02:39.596-04:00Thank you for letting me know about your charge. P...Thank you for letting me know about your charge. Please email me and let me know the outcome. I would be happy to post an article about it. Also please let me know what state you reside in.Willie Handlerhttps://www.blogger.com/profile/06750152514615962622noreply@blogger.com