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The other members are correct -- the insurance company determines fault, not the police. If you rear end someone, you are automatically deemed at fault based on the Fault Determination Rules (which are detailed in the Ontario Insurance Act). If you are at fault, the damages to your own vehicle...

Hi Shane -- I don't understand how your old Jevco premium went from $840 to $1900? Is that when you migrated from Jevco to Kingsway, and if so, what is the $1130 premium? Also, were you getting any dscounts (Select Rider or Renewal)? Did you have Collision and/or Comprehensive coverage? Thanks!

Thanks! I've modified the questionnaire a little bit since I forgot to ask about Collision and Comprehensive. Based on your old Jevco rate of $525, I'm guessing that you had neither COL or CMP. Did you have $1M liability? I asume you were getting the "Select Rider Discount" and "Renewal...

That might be true for some of the minor fender benders, but definitely not true for the ones including Accident Benefits claims (which is where the real costs are skyrocketing). Collision and Comprehensive claims and premium (i.e. covering physical damage) are actually quite reasonable.

The overall premium level won't change as a result of OBDII devices, but just the distribution between policyholders. Similar to the example I posted earlier, we would be looking for statistical indicators in the OBDII data that can cherry pick the good risks so that we can offer them a lower...

I hope you find a cheaper premium :) If you haven't posted already, you can post your before and after premiums in the Jevco/Intact thread.

Oh, you were in the Jevco-turned-Intact ordeal -- that explains helps to explain the increase. I can't remember if it was in this thread or the Jevco premium thread where I explained that in more detail. In short, I agree with you and I disagree with the way that Intact rolled the entire Jevco...

Excellent question! If a change shows up on FSCO's approved rates list, then it was a filing that was submitted and approved by the regulator. The percentage value represents the average rate change experienced by a company's clients. If some clients increase and others decrease, the average...

I don't know the particulars of your situation or the company you are with, but it's possible that you're expected future claims/expenses has always been $675 and you were getting a stellar deal before, and are just paying adequate rates now. A company wants to charge as close to the expected...

Insurance is mandatory because otherwise the burden or personal injuries would be placed on all of society, and not just those with cars (i.e. taxes would have to increase to support people who are injured but without insurance). Currently, the insurance industry is assessed with health levies...

You must not be shopping around. I've seen my premiums decrease over the last three years and I'm not alone. You can look up the rate changes that the regulator approves each quarter, by company, here: http://www.fsco.gov.on.ca/en/auto/rates/Pages/default.aspx Just look through the approved...

It's an extremely competitive market, but it seems that no rational explanation is going to change your thoughts on the matter.

Dash cams would be interesting, but I don't know how you could translate what they see into useful information? The dash cam could show when you're following to closely, but this would probably be captured by an OBDII dianostic that shows you frequently accelerate and brake hard compared to...

This should actually be good news for people who believe they're good drivers but are penalized based on the statistics of their group. For example, if you live in Brampton but don't drive like the typical Brampton resident, your premium can be more individualized. Same thing goes for young...

This is something that could be better addressed by someone working in claims. We have a few adjusters on this board so hopefully they can comment. In general, a part of the reform was aimed at reducing the costs of examinations where some clinics screwing over insurance companies (and hence...

the Jevco/Intact theory is all pure speculation on my part based on the premium changes people have reported. The survey on this board about people leaving Intact was actually created by me. Since it's a competitive market and all insurance companies want to attract profitable business, I...

The Gov't insurer might not refuse a vehicle outright, but they could make it prohibitively expensive (such as the huge increase in Saskatchewan Motorcycle premiums that another member pointed out). I don't know why people think there is anything remotely close to a monopoly in the insurance...

I find that a bit frustrating too but there's currently nothing in the insurance product (defined by the Gov't) that will allow anyone to sign such a waiver that would hold up in court. Even policyholders who sign an OPCF28A exclusion (i.e. a high-risk operator in your household signing an...

I agree -- that's a ridiculous increase (although it seems like you were getting a steal at only $260 for motorhome liability). Did anything about your risk profile change (move to a new location, claims, etc.)? You must have got hit with a combo of factor increases. Which company?

The insurance industry is not making huge profits every year. The average return on equity is 10.5 percent over the last 35 years. While that isn't bad, it isn't obscene either. If insurance companies weren't profitable, they wouldn't exist. Why would someone risk their investment with an...