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
Events
By
Pace Law
Pace Law Firm is always looking to expand our business and elevate it to the next level. On Thursday November 24th, Pace Law Firm attended the Canadian Mortgage Summit (CMS) to hear from the industry’s top mortgage brokers, lenders and solution providers.
Firm News
By
Pace Law
We are proud to announce that Pace Law has become a multi-service firm and is launching a new website to accommodate our growth in different areas of law!
Events
By
Pace Law
The National Day for Truth and Reconciliation takes place on September 30th for the second consecutive year. Each year, September 30th marks both Orange Shirt Day and National Day for Truth and Reconciliation.
Real Estate Law
By
Pace Law
In key Canadian cities, the housing inventory may reach a crisis stage, according to a recent analysis from RE/MAX Canada. The analysis confirms that governments must take quick action to address the critically low supply of available homes.
Personal Injury
By
Pace Law
As the winter months get closer, it is critical to plan ahead and take precautions as needed to reduce the likelihood of mishaps. Nearly 30% of all motor vehicle incidents, according to recent RCMP data, happened on slick, snowy, or icy roadways.
Real Estate Law
By
Pace Law
Two weeks after the provincial administration submitted Bill 109, the More Homes for Everyone Act, 2022, on March 30, 2022, it obtained royal assent on April 14. The last step needed for a legislative measure to become law is royal assent.

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