What an idiotic plan. Brampton has the highest auto insurance rates for a reason and not because of some imaginative geographic rule. Highest rate of fraud and highest accident rates would generally mean higher auto insurance premiums. We all know that men pay higher insurance rates than women because of higher risk. I am perfectly fine with that..but if this idiotic bill passes through I expect the rates between women and men to become equal.alanbrenton wrote: ↑ https://www.cbc.ca/news/canada/toronto/ ... -1.4863724
A pair of private member's bills set to be introduced today aim to stop auto insurance companies from using a person's postal code or phone number to set premiums.
Legislators from both the Progressive Conservative government and the NDP say they will introduce their own pieces of legislation today to stop the practice that they called discriminatory.
Parm Gill, a Tory legislator from Milton, says the practice means drivers from the suburbs around Toronto pay higher rates than people in other areas of Ontario.
Gill says his bill would ensure drivers are evaluated based on their driving record and not where they live.
NDP legislator Gurratan Singh says his bill, if passed, would require the Financial Services Commission of Ontario to refuse to approve risk classification systems that don't consider the Greater Toronto Area as a single geographic region.
Singh says his bill would result in lower insurance rates for GTA drivers.
Nothing but an election ploy..alanbrenton wrote: ↑ Is this an election ploy?