This plea is on behalf of Nine Million Canadian Drivers in Greater Toronto Area who continue to be robbed by the Auto Insurance companies in the GTA. We pay twice as much as the Maritime. GTA has the highest Insurance rates not just in Canada but in the whole of North America. Are these Insurance companies implying that Toronto is the most dangerous city in North America? Or everyone who lives in Toronto is a fraud and will scam them? This is the only reason for them to justify these premiums.

Even the biggest of US cities like NYC have a fraction of the insurance costs compared to ours and majority of the Insurance companies operating there have a completely different premium policy for GTA residents. Is it because they feel they can get away with it as the Ontario Provincial Government doesn’t care if their residents pay an arm and a leg for their insurance or they admit to being the most dangerous city in entire North America, full of unethical residents as the insurance companies make us out to be? That is an insult to all the people living in GTA and the people who work hard to protect these cities.

Free Health care means nothing if you end up paying so much for the Auto Insurance as you are still burdening people with large insurance costs.

A substantial portion of the people don’t have adequate money for their retirement in Ontario and it will not be unreasonable to say that a large portion of their money that they could have contributed towards their retirement was taken away in these heavy insurance premiums over their lifetime.

We do not want a 10-15% discount for our insurance but we want FAIR and HONEST rates which are legitimate and comparable with other cities in North America(which should be atleast half of the current rates). The same Insurance companies operating in the other markets charge much lower premium rates.

 If someone has committed insurance fraud you penalize that person and not punish the entire city/province for it.

So it is our urgent request to form a Powerful Action Committee that studies the rates across comparable cities in North America and compare them with the rates being charged here.

Also, audit the books of the insurance companies operating out of GTA to see how much their earnings are in GTA versus the other regions that they are operating in and then come up with a strong policy on Insurance Premium Rates.

It is very important and essential for you to take action to keep the trust of your residents who continuously feel let down and disappointed when it comes to their Auto Insurance.

Sincerely,