By
Pace Law

Insurance Cuts Causing Pain For Ontario Families

October 13, 2016

I have previously written about the auto insurance changes that came into effect on June 1 of this year.

While insurance benefits and premiums are treated as merely numbers on a screen for politicians and adjustors, this story places the changes into a human context:

An auto insurance rule change that took effect the day an Ontario man suffered severe injuries in a crash has left his family on the verge of bankruptcy as he goes through an expensive and drawn-out rehabilitation process.

If the crash had occurred just 12 hours earlier, he’d have been eligible for up to $2 million in compensation, according to the personal injury lawyer representing the family.

Instead, he received $86,000…

The father of twins survived with major injuries including brain trauma, multiple broken bones in his right arm, leg and hand, as well as internal organ damage.

Guess what? Under the new rules, his major injuries were no longer deemed “catastrophic.” Overnight, he’d been left virtually high and dry. He and his family are now out millions of dollars that can help in his recovery – if he ever does fully recover.

Con Game

No-fault benefits were designed to be a trade off: reduced tort benefits in exchange for access to no-fault benefits. Instead, we have decimated tort claims and heaped insult upon a no-fault system that is now wholly inadequate.

Remember, the government and insurers say that all of this is being done to save you money. Well, have your premiums gone down? Mine haven’t, either. We’ve been had.

People like the father in the article above are having their lives ruined by these cuts. Again, I ask you to give your MPP a call and ask if it is fair that your premiums are still not down the promised 15%, yet your catastrophic benefits have been chopped in half to the tune of a million dollars. Their answer may enlighten you.

Share This Post
Email
Facebook
LinkedIn
Twitter
Trending Posts
Read More Insights
Wills And Estates
By
Pace Law
Estate planning, essential for ensuring posthumous wishes are met, remains an area 70% of Canadians neglect. This deficiency largely stems from misconceptions, such as believing estate planning is only for the wealthy or thinking they’re too young to start.
Criminal Defence Law
By
Pace Law
In Ontario, adherence to driving regulations is critical for public safety, but violations occur, leading to criminal charges.
Wills And Estates
By
Angela Barrientos
Have you ever thought about estate planning and concluded it’s unnecessary because you don’t own any real estate?
Corporate and Personal Law
By
Pace Law
A Share Purchase Agreement (SPA) is an integral document used when the shares of a corporation are being purchased. The document outlines the agreement between the buyer and seller and can be quite complex.
Wills And Estates
By
Angela Barrientos
A will is a legal document that clearly states how a person’s property and belongings will be divided after their passing.

Get in Touch

Call us now or fill out the form to discuss your case with an experienced legal professional.

Our Locations

Office Location

191 The West Mall, Suite 1100
Toronto, ON M9C 5K8
Phone: 1-877-236-3060
Fax: 416-236-1809

Office Location

191 The West Mall, Suite 1100
Toronto, ON M9C 5K8
Phone: 1-877-236-3060
Fax: 416-236-1809

Scroll to Top