New changes affecting auto insurance in Ontario are set to kick in Wednesday offering drivers more flexibility when it comes to their plans, but insurers say it’s important to consider the risks of refusing certain coverages.
As of July 1, nine types of insurance accident benefits that had previously been automatic in every Ontario policy will be optional.
Those include income replacement, caregiver benefits, housekeeping and home maintenance, death and funeral benefits, non-earner benefits for students and retirees, lost educational expenses, visitor expenses, and damage to personal items.