Friday, July 22, 2005

Ontarians Pay More for Car Insurance

Auto insurance rates in Ontario are 45 per cent higher than in British Columbia, according to a study released Tuesday by the Consumers' Association of Canada.

The study indicates the average rate in Ontario was $2,383, compared with $1,324 in B.C.

However, the Insurance Bureau of Canada claims the average premium in Ontario is now $1,279 and that premiums in the province are down 15 per cent since November 2003.

News Source: National Post

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