ontario auto insurance getting cheaper

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http://www.lowestrates.ca/news/ontario-auto-insurance-about-get-cheaper

 

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Ontario Private Passenger Automobile
Insurance Rate Filings Approved/Ordered

Filings reviewed January 1, 2016 – March 31, 2016



Insurer


2014 Market Share (%)


Effective New Business Date


Effective Renewal Business Date


Approved Average Rate Change (%)

AIG Insurance Company of Canada
0.04

1-Jun-16

1-Jun-16

-5.22

Allstate Insurance Company of Canada
5.06

1-Jun-16

1-Jun-16

-4.36

Aviva Insurance Company of Canada
6.21

1-Jun-16

1-Jun-16

-2.00

Belair Insurance Company Inc.
0.08

1-Jun-16

1-Jun-16

0.00

CAA Insurance Company
1.27

1-Jun-16

1-Jun-16

-7.76

Certas Direct Insurance Company
2.61

1-Jun-16

1-Jun-16

-7.01

Certas Home and Auto Insurance Company
9.47

1-Jun-16

1-Jun-16

-7.20

Chubb Insurance Company of Canada (incl. Mitsui Sumitomo Insurance Company, Limited and Federal Insurance Company)
0.51

1-Jun-16

1-Jun-16

-4.08

Coachman Insurance Company
0.41

1-Jun-16

1-Jun-16

-7.53

Commonwell Mutual Insurance Group, The
0.39

1-Jun-16

1-Jun-16

-0.60

COSECO Insurance Company
1.18

1-Jun-16

1-Jun-16

-7.74

CUMIS General Insurance Company
0.36

1-Jun-16

1-Jun-16

8.99

Dominion of Canada General Insurance Company, The
4.42

1-Jun-16

1-Jun-16

0.00

Echelon Insurance
0.61

1-Jun-16

1-Jun-16

-8.29

Economical Mutual Insurance Company
3.44

1-Jun-16

1-Jun-16

-3.46

Farm Mutual Reinsurance Plan Inc. (on behalf of Ontario Mutuals)
1.65

1-Jun-16

1-Jun-16

0.00

Federated Insurance Company of Canada
0.02

1-Jun-16

1-Jun-16

-6.34

Gore Mutual Insurance Company
1.57

1-Jun-16

1-Jun-16

-4.97

Guarantee Company of North America, The
0.61

1-Jun-16

1-Jun-16

-2.07

Hartford Fire Insurance Company
0.00

1-Jun-16

1-Jun-16

-4.40

Heartland Farm Mutual Inc.
0.31

1-Jun-16

1-Jun-16

-2.20

Intact Insurance Company
10.02

1-Jun-16

1-Jun-16

-3.08

Jevco Insurance Company
0.80

1-Jun-16

1-Jun-16

-3.61

Nordic Insurance Company of Canada, The
4.35

1-Jun-16

1-Jun-16

0.01

Northbridge General Insurance Corporation
0.01

1-Jun-16

1-Jun-16

-25.51

Northbridge Personal Insurance Corporation
0.71

1-Jun-16

1-Jun-16

-4.73

Novex Insurance Company
1.02

1-Jun-16

1-Jun-16

-2.56

Optimum Insurance Company Inc.
0.25

1-Jun-16

1-Jun-16

-4.70

Pafco Insurance Company
0.67

1-Jun-16

1-Jun-16

-8.61

Pembridge Insurance Company
1.42

1-Jun-16

1-Jun-16

-4.27

Personal Insurance Company, The
3.80

1-Jun-16

1-Jun-16

-3.81

Perth Insurance Company
0.95

1-Jun-16

1-Jun-16

-7.96

Pilot Insurance Company
0.00

1-Jun-16

1-Jun-16

0.00

Portage La Prairie Mutual Insurance Company, The
0.27

1-Jun-16

1-Jun-16

-7.87

RBC General Insurance Company
4.52

1-Jun-16

1-Jun-16

-6.54

Royal & SunAlliance Insurance Company of Canada
1.07

1-Jun-16

1-Jun-16

0.00

S & Y Insurance Company
0.00

1-Jun-16

1-Jun-16

0.00

Scottish & York Insurance Co. Limited
1.11

1-Jun-16

1-Jun-16

-7.70

SGI CANADA Insurance Services Ltd.
0.00

1-Jun-16

1-Jun-16

0.00

Sovereign General Insurance Company, The
0.00

1-Jun-16

1-Jun-16

-6.03

Tokio Marine and Nichido Fire Insurance Co., Ltd.
0.01

1-Jun-16

1-Jun-16

-7.58

Traders General Insurance Company
1.79

1-Jun-16

1-Jun-16

-1.87

Unica Insurance Inc.
0.61

1-Jun-16

1-Jun-16

-1.03

Unifund Assurance Company
3.73

1-Jun-16

1-Jun-16

-4.49

Waterloo Insurance Company
0.86

1-Jun-16

1-Jun-16

-0.05

Wawanesa Mutual Insurance Company, The
3.64

1-Jun-16

1-Jun-16

0.00

Western Assurance Company
1.16

1-Jun-16

1-Jun-16

0.00

XL Insurance Company SE
0.00

1-Jun-16

1-Jun-16

-8.65

Zenith Insurance Company
0.37

1-Jun-16

1-Jun-16

-4.48

Zurich Insurance Company Ltd
0.00

1-Jun-16

1-Jun-16

-6.77

Total Market Impact ​ ​ ​
-3.07