Londoners cannot afford to wait any longer for relief on sky-high auto insurance rates. If Ontarians are overpaying auto insurance companies by as much as reports suggest, that needs to stop.
Ontarian drivers deserve better. Add you name to urge the government to cap profit margins of auto insurance companies to they can't gouge Ontario drivers.
TO THE LEGISLATIVE ASSEMBLY OF ONTARIO:
WHEREAS drivers across Ontario pay some of the highest auto insurance premiums in the country;
WHEREAS the provincial government, through the Financial Services Regulatory Authority of Ontario (FSRO), approves all rates in Ontario, and continued to approve increases even while insurance companies saw record profits during the pandemic; and
WHEREAS the failure to improve government oversight of the auto insurance industry has left everyday families feeling the squeeze and yearning for relief;
THEREFORE, we the undersigned petition the Legislative Assembly of Ontario to direct the FSRO to implement policies that will cap profit margins for insurance companies and end auto insurance price gouging in Ontario.