Drivers are understandably happy with the provincial government’s announcement of a 15 per cent target for cuts in auto insurance rates.
Kitchener resident Shem Delottinville is one of those happy drivers expecting to benefit from that cut.
“I have a clean record, I haven't gotten in any accidents,” she says.
Despite that clean record, Delottinville pays about $2,000 a year for auto insurance. She likes the sound of a 15 per cent cut.
But the Insurance Board of Canada says it’s not so clear if Delottinville will qualify – or if anyone else will.
Insurance Board spokesperson Pete Karageorgos says the government has been short on specifics about the insurance cut, offering only that ‘good drivers’ will be rewarded with the rollback.
“We don’t know if, in fact, a good driver exists out there based on the definition,” he tells CTV.
Insurers have their own definitions of ‘good drivers’, and it’s not clear how many of them match up with the group the province says will save an average of $250 per year on car insurance.
Although the auto insurance cut was announced by the Liberals, it was originally an idea of the provincial NDP – who said it was a necessary step for them to support any provincial budget.
The average driver in Ontario pays $1,500 per year in car insurance.
