Ontario auto insurance rates continue to decrease. Since August of 2013, rates have dropped an average of almost 6 per cent according to Ontario's Ministry of Finance.
With a target of an average 8 per cent decrease by August, 2014 and an average 15 per cent decrease by August 2015, Ontario driver's can look forward to cheaper car insurance rates if the government's Auto Insurance Cost and Rate Reduction Strategy fulfills its promise
Ontario Auto Insurance: Background
In August, 2013 the Ontario Liberal government unveiled its Auto Insurance Cost and Rate Reduction Strategy. This strategy is expected to decrease the cost of auto insurance by an average of 15 per cent by August 2015.
Car Insurance Ontario
Learn more about the mandated 15% decrease in auto insurance rates: