News Release
Local residents in York South—Weston still seeing no relief on auto insurance premiums
TORONTO – MPP Faisal Hassan (York South—Weston) heard the concerns of local residents Thursday evening who are seeing no relief on their auto insurance bills during the pandemic. At a virtual townhall hosted by Hassan, local community members expressed their frustration about unfair auto insurance rates, and wanted to know why during a lockdown when people are driving less, with fewer accidents on the roads, their premiums are still going up.
“Our community has struggled under the weight of unfair auto insurance rates for some time, and it’s not fair. Decent hard-working drivers with clean records are forced to pay higher rates simply because of where they live. For many families, using a car is the only way to get to work. It’s the only way to ensure they can pay the bills, and be home in time to spend time with their families,” said Hassan.
Hassan says the government promised drivers they would see relief on their insurance payments, but instead all we saw was empty gestures and no concrete actions to require insurers to cut rates for their customers.
“At a time when the insurance industry is enjoying record profits, we should expect fair and equitable business practices and an end to the discrimination and bias our community of York South—Weston has experienced with postal code discrimination and no relief for drivers during this pandemic”
Faisal Hassan has supported bills that would cap the profit margins of auto insurers and end postal code discrimination. Back in April, the government was called on to give all Ontario drivers a 50 per cent break on auto insurance payments, and let people who have lost a job or income defer payments during the COVID-19 pandemic.
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