Tuesday, August 24, 2010

New Insurance Rules


New rules impacting auto insurance policies in Ontario are not sitting well with Kenora-Rainy River MPP Howard Hampton.

Drivers face an array of new choices when they renew their auto insurance policies under the rules that kick in September 1.

But Hampton says the changes don't look good.

"People will be paying more for their auto insurance," says Hampton, "but if they read the fine print of the auto insurance contract, people will be getting much less. That's why we need public auto insurance because you get decent coverages without having to pay and arm and a leg."

Finance Minister Dwight Duncan says the choices will let consumers lower their premiums and dismisses claims the new system will be too confusing for consumers.