The list of most expensive places in Ontario for car insurance has been revealed
At the height of the pandemic, insurance companies promised $1 billion in relief to drivers but new statistics show that rates still went up.
According to Ratesdot.ca, the average Ontario auto insurance premium in December 2018 was $1,473. In December 2020, it rose to $1,616. That’s an increase in two years of 9.7 per cent.
"The cost of car insurance in the Greater Toronto Area remains the highest in the province," Liam Lahey with Ratesdot.ca told CTV News Toronto.
Original Article Source Credits: CTV , https://toronto.ctvnews.ca/
Article Written By: Pat Foran
Original Article Posted on: January 6, 2021