Ontario Car Insurance Cutbacks Information Session
On June 1, 2016, major cutbacks will be made to car insurance benefits in Ontario.
Learn about the changes and find out how you can ensure that you and your family still have the protection you need. Join the personal injury lawyers at Martin & Hillyer for a free information session and Q & A.
When: Wednesday, May 25, 2016 at 7:00PM – 8:00PM
Where: The Community Room, Fortinos Supermarket
2515 Appleby Line (at Dundas), Burlington
Some of the topics we will discuss include:
- the coming cutbacks to medical benefits
- new restrictions on your rights to access compensation from the insurer of an at-fault driver
- steps you can take to maintain the benefits that are most important to you
- how you can balance low premiums with adequate protection
- and more
This event is presented in association with the Brain Injury Association of Peel & Halton
MORE ABOUT THE JUNE 1, 2016 INSURANCE CHANGES
The insurance coverage you pay for just got reduced by potentially millions of dollars. It’s important that every Ontarian talk to their insurance broker to find out how to maintain the protection they need.
Some of the cutbacks coming on June 1, 2016 include:
- cutting in half the time you have to access benefits after a car accident, from 10 years to 5
- reducing the amount most people can get for medical and attendant care benefits by $20,000
- slashing the amounts available to help the most seriously injured people after a crash by $1 million
- eliminating the life-long benefit for people so seriously injured that they have suffered a “complete inability to carry on a normal life” and replacing it with a benefit that only pays for 23 months
- restricting expenses you can be compensated for to those that your insurance company decides are “essential,” in their opinion
- and other changes
Learn about the optional benefits you can purchase to maximize your coverage by speaking with your broker, and by checking out this summary from the Financial Services Commission of Ontario.
Find out more about the reductions to Ontario car insurance benefits by visiting Truth About Insurance, a campaign presented by the Ontario Trial Lawyers’ Association.