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"No-fault" Auto
Insurance Scheme to be Scrapped Freedom
Party pledges the restoration of a fair system of auto
insurance
Backgrounder
No-fault auto insurance was introduced by the Liberals in 1990. In 1989, the Liberal government of the day was warned that the cost savings of the no-fault system could only be achieved by eroding the benefits received by claimants. It was warned that switching to no-fault would create a one-shot savings, rather than sustained savings. The Liberals went ahead with switching to no-fault anyway. The result: to this day, premiums continue to climb, and benefits continue to be cut in a constant effort to hold down premiums. In fact, in September of 2010, the McGuinty government cut key personal injury benefits in half: from a maximum of $100,000.00 plus assessment costs, to a maximum of $50,000.00 including assessment costs. Drivers are getting ever-decreasing coverage for ever-increasing auto-insurance premiums. Worse: drivers are increasingly afraid to make insurance claims, because they fear their premiums will increase.
Paul McKeever, Leader - Freedom Party of Ontario e-mail: pmckeever@freedomparty.on.ca Freedom Party has been releasing 2011 election planks since early October of 2010. A complete list of the planks released so far can be viewed here. Freedom Party has also released a number of pre-election video ads to promote its planks. They all can be viewed on Freedom Party's youtube channel, https://www.youtube.com/fpontario .
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Freedom Party of
Ontario |