Ford says he'll end 'unfair' insurance premiums based on Ontario postal codes
Ontario drivers could soon see the end of "unfair" insurance policies with premiums based on postal codes, Premier Doug Ford said Thursday.
The Ford government has been implementing driver-friendly policies lately by cancelling licence plate renewal fees, removing some tolls from highways and cutting the gas tax.
But there is another common complaint the government appears ready to tackle – postal code discrimination, and many drivers are upset their premiums could go up based on where they live, even if they have a clean driving record with no accidents or tickets.
At a Thursday press conference, Premier Doug Ford appeared ready to take on the issue, calling insurance premiums based on where you live “unfair” and saying they could be coming to an end.
"I know we’re working on a plan for insurance companies, as far as I’m concerned, that’s totally unfair for the people of Brampton, of Scarborough, they're going after these people based on their postal code,” he said at a press conference.
“That’s going to come to an end real quick. They have to treat people fairly.”
Matt Hands, director of insurance with RateHub, an insurance comparison website, told CTV News Toronto it “doesn’t make sense that someone with a clean driving record has to pay more because they live in a certain area.”
He said changing the insurance system will take time and he believes if people paying higher rates get an insurance decrease, other drivers may see their rates go up.
"They are going to have to spread the risk so it might mean that people who have been paying a lower rate in say London or Ottawa might see an increase to help offset the decreases in the other areas because insurance is all about balancing the risk,” he said.
In the provincial budget released in April the Ford government also said it plans to crack down on insurance fraud, create more choices for consumers and enhance fairness in the system.
While the premier said insurance reform is coming, there's no timeline as to when it could happen. Still, after years of talking about it, substantial changes could be coming to the province's insurance system.
CTVNews.ca Top Stories
Sask. RCMP issue Amber Alert for 7-year-old girl and 8-year-old boy
An Amber Alert was issued Monday evening by Shaunavon RCMP in Saskatchewan for seven-year-old Luna Potts and eight-year-old Hunter Potts.

Anne Heche remains in critical condition as police continue to investigate her car crash
Anne Heche has remained in critical condition since crashing her vehicle into a Los Angeles residence on Friday, according to a new representative for the actress.
Russian disinformation spreading in new ways despite bans, report says
After Russia invaded Ukraine last February, the European Union moved to block RT and Sputnik, two of the Kremlin's top channels for spreading propaganda and misinformation about the war. Nearly six months later, the number of sites pushing that same content has exploded, according to a report by NewsGuard.
Actor, singer Olivia Newton-John dies at age 73
Singer and actor Olivia Newton-John, who was best known for playing Sandy in the film 'Grease,' has died at the age of 73, according to her husband.
Trump says FBI conducted search at his Mar-a-Lago estate
The FBI searched Donald Trump's Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, people familiar with the matter said Monday, a move that represents a dramatic and unprecedented escalation of law enforcement scrutiny of the U.S. former president.
RCMP has been using spyware tools for years and in more cases than previously reported, MPs told
Public Safety Minister Marco Mendicino and senior RCMP officers are defending the national police force's years-long and previously undisclosed use of spyware—capable of remotely accessing cell phone and computer microphones, cameras and other data—as part of dozens of major investigations.
4 Muslim men were killed in Albuquerque. Here's what we know about them
After ambush-style shootings of three Muslim men and the recent killing of a fourth in Albuquerque, New Mexico, the Muslim community in the city is on edge and fearful.
Nagasaki marks atomic bombing anniversary amid fresh nuclear war fears
Nagasaki paid tribute to the victims of the U.S. atomic bombing 77 years ago on Aug. 9, with the mayor saying Russia's war on Ukraine showed the world that another nuclear attack is not just a worry but 'a tangible and present crisis.'
Saskatoon woman who had been reported missing faces charges in U.S., Canada
Federal prosecutors in the United States have accused a Saskatoon woman of faking her own death and that of her son in what they describe as an elaborate scheme to illegally enter the country.