FSCO Approves Car Insurance Rate Increase
as High as 9.43%
The Financial Services Commission of Ontario (FSCO) has released the auto insurance rate approvals for the fourth quarter of 2017. Car insurance rates are increasing in Ontario by 1.03 per cent, on average.
Many insurance companies have been approved for rate increases, with the largest increase being 9.43 per cent. Meanwhile, a handful of insurance companies are decreasing their rates with the biggest decrease coming in at 12.67 per cent.
FSCO’s latest announcement proves that car insurance rates continue to change. Which is why shopping around is the best way to make sure that you are not overpaying for your coverage.
as High as 9.43%
The Financial Services Commission of Ontario (FSCO) has released the auto insurance rate approvals for the fourth quarter of 2017. Car insurance rates are increasing in Ontario by 1.03 per cent, on average.
Many insurance companies have been approved for rate increases, with the largest increase being 9.43 per cent. Meanwhile, a handful of insurance companies are decreasing their rates with the biggest decrease coming in at 12.67 per cent.
FSCO’s latest announcement proves that car insurance rates continue to change. Which is why shopping around is the best way to make sure that you are not overpaying for your coverage.