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
Freedom Convoy-affiliated group being evicted from Ottawa church
The owner of a historic church in Ottawa's Lowertown neighbourhood is evicting a group with ties to the 'Freedom Convoy' occupation planning to purchase the property this fall, in an apparent dispute over unpaid rent for the facility.

Vatican shelves sexual assault probe into Cardinal Marc Ouellet
There is not enough evidence to open a formal church investigation into sexual assault allegations against a prominent Quebec cardinal, Pope Francis declared Thursday. Cardinal Marc Ouellet, an adviser to the Pope, has been accused of sexual misconduct in a class-action lawsuit filed earlier this week in Quebec Superior Court.
Apple warns of security flaw for iPhones, iPads and Macs
Apple disclosed serious security vulnerabilities for iPhones, iPads and Macs that could potentially allow attackers to take complete control of these devices.
Survival 'the only concern' as Canadian tenants struggle to pay rent
As rent prices rise, CTVNews.ca heard from a number of Canadians struggling to afford their homes. The surge in rent prices over the last few months has forced many to cut back on spending, with some having to relocate or move in with their parents.
North Korea dismisses South Korea's aid offer as 'foolish' repeat
The sister of North Korean leader Kim Jong Un said her country will never accept South Korean President Yoon Suk Yeol's 'foolish' offer of economic benefits in exchange for denuclearization steps, accusing Seoul of recycling proposals Pyongyang already rejected.
Wolf found dead, another still missing after apparent break-in at Vancouver zoo
One of the wolves that were released during an apparent break-in at the Greater Vancouver Zoo this week has been found dead, and another remains on the loose.
What you can do to help mitigate shortages of fever and pain relievers
Pharmacists and health care professionals are asking the public to only buy what they need and to be up to date on all their essential immunization shots to help with Tylenol, Advil shortages.
Study finds 3 drugs, including ivermectin, did not prevent COVID hospitalization, death
A new study has found that three drugs, including the antiparasitic ivermectin, had no significant effects in treating low oxygen levels or preventing ER visits, hospitalization or death due to COVID-19.
Ontario ICU closed for a month has no date set to reopen
A month after an Ontario intensive care unit temporarily closed due to a “significant staff shortage,” the hospital has no timeline for when the ICU will re-open its doors.