Ontario has introduced new auto insurance guidelines that enable drivers to save on premiums, but some experts say the changes could lead to inadequate coverage when drivers need it most.
Sweeping changes to auto insurance mean nine accident benefits that were previously standard became optional as of July 1. Drivers who opt out could save about $100 a year in premiums.
Here’s a look at what is now optional for vehicle owners in Ontario and what remains mandatory.
Optional and Mandatory Coverage
You will not receive coverage for the following circumstances after an automobile accident unless you opt to pay for them:…