Your Guide to the Ontario Auto Insurance Changes

As of June 1st, 2016 the Ontario Government has implemented changes to auto insurance in an effort to reduce fraud and stabilize insurance rates. The changes include some accident benefit coverage reductions, as well as new customizable coverage options to better fit your lifestyle needs.

At Mass, we’re committed to ensuring your coverage matches your needs and now is the time to review your options. Below is an overview of the changes to Ontario Auto Insurance. For full details go here (pdf), or speak with your Mass Broker today.

Accidental Benefits Coverage Overview

Medical, Rehabilitation and Attendant Care Benefit

Changed as of June 1, 2016
Now Available: Options to increase benefits

Caregiver Benefit

No Change
Now Available: Option to purchase

Housekeeping and Home Maintenance Expenses

No Change
Now Available: Option to purchase

Income Replacement Benefit

No Change
Now Available: Option to increase benefit

Dependant Care Benefit

No Change
Now Available: Option to purchase benefit

Death and Funeral Benefit

No Change
Now Available: Option to increase benefit

Indexation Benefit

No Change
Now Available: Option to adjust annually

Tort Deductible

No Change
Now Available: Option to reduce deductible

Lifestyle Questions

As your lifestyle changes, so do your coverage needs. Here are some examples of lifestyle questions to ask yourself when considering the new options available.

Do you make more than $30,000 per year?

Consider increasing your Income Replacement Benefit to $600, $800 or $1,000.

Are there people in your life who depend on you financially or for care, such as children, elderly or disabled?

Consider extending your Caregiver Benefit and/or adding a Dependant Care Benefit.

Does your employer provide a Group Insurance Plan?

Talk to your administrator to find out what you’re covered for and consider increasing your Medical Rehabilitation Benefit. Most benefit packages are limited to $500 a year per practitioner, and OHIP doesn’t cover things like occupational therapy, private nursing and psychology.

To make changes to your auto insurance coverage, speak with your Mass Broker today at 1.800.663.6277