As many Ontarians are aware, the auto insurance rates in the province are the highest in the country. The average annual premium in Ontario was $1,544.86 in 2012, a massive 45 percent more than in Alberta, reports The Globe and Mail. While it’s clear that’s there’s a problem in the industry, authorities and industry leaders … Continue reading “The Ongoing Debate on Auto Insurance Premiums in Ontario”
Economic losses are monetary damages, or those demonstrable on a balance sheet. In the aftermath of an injury-causing accident, many survivors are forced to pay out-of-pocket for various injury-related expenses. They might lose wages if they are required to miss work to recover from their wages. They might suffer a reduced earning capacity because of their … Continue reading “An Overview of Economic Losses on Insurance Claims in Canada”
An at-fault driver in a car accident still may recover compensation in the form of Statutory Accident Benefits. However, while Ontario follows a no-fault accident system, there are some financial consequences to being found completely or partially to blame for an automotive accident. Recovering Payment under Ontario’s Insurance Laws Ontario’s Insurance Act established the Statutory … Continue reading “Are At-Fault Drivers Eligible for Insurance Payouts in Ontario?”
Many accidents occur because of driver negligence. Numerous other collisions can be attributed to poor roadway conditions, such as icy roads or potholes. The City of Toronto is legally obligated to keep public streets at a minimum level of safety to decrease the likelihood of accidents and injuries. An injured victim may have the right … Continue reading “Toronto’s Minimum Maintenance Standards and Your Accident Claim”