October 25, 2016
Ontario residents have something very exciting to look forward to in 2016. As per an article we will post below – found on the official Government of Ontario Page – drivers will be eligible to earn an insurance discount by meeting certain conditions! Read on below for more:
“Ontario is moving forward with its plan to help lower auto insurance rates by requiring all insurance companies in the province to provide a discount for drivers who buy and install winter tires, starting January 1, 2016.
Today, Minister of Finance Charles Sousa was at Canadian Tire where he participated in a demonstration showcasing the benefits of using winter tires to enhance safety in winter driving conditions.
Winter tires enhance safety and reduce the likelihood of collisions by improving traction, braking and handling in frost, snow, slush and under cold and icy conditions. When buying winter tires, Ontario is also reminding drivers to:
Over the last two years, the government has introduced a number of important and necessary reforms to Ontario’s auto insurance system to reduce costs and lower the premiums of Ontario’s more than 9.5 million drivers. In order to continue achieving rate reductions, the government outlined a series of further initiatives in the 2015 Budget, including bringing costs more in line with other provinces and providing Ontario consumers with more choice in purchasing auto insurance to suit their needs.
Protecting auto insurance consumers and ensuring affordable premiums is part of the government’s plan to build Ontario up. The four-part plan includes investing in people’s talents and skills, making the largest investment in public infrastructure in Ontario’s history, creating a dynamic, innovative environment where business thrives and building a secure retirement savings plan.
Make sure to inquire about this with your insurance provider, and to look for specifically marked winter tires!