Forgive me if I'm not too excited about the Ford government's announcement to review Ontario's auto insurance system.
I'm sure they have the best intentions in the world, but the fact is that we have already seen this show from previous governments, from all sides, and that is not over for consumers.
There will be another round of public consultations, but we all know that it's really an exhibition of dogs and ponies that creates the illusion that the public has a say in how the system works.
For the record, Ontario has one of the lowest collision rates in the country, but we are paying insurance rates among the highest in Canada.
How's it going?
Because insurance companies complain to the government of huge fraudulent claims and exorbitant costs, and every time they tell their story, the government gives in and basically lets the insurance industry write its own regulations.
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That's why we have extremely high rates and punitive policies like postal code discrimination, where rates are determined by where you live, not your driving record.
At the end of this process, premiums could be slightly reduced, but deductibles and hedging would probably be cheaper, as the ultimate goal of insurance companies was to protect their profit margins.
I would like to see this government calling B.S. on the insurance sector and give priority to the consumer, but I do not hold my breath until this happens.
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