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FSCO approves car insurance rate increases as high as 7%

The Financial Services Commission of Ontario (FSCO) has released the auto insurance rate approvals for the first quarter of 2017. Ontario drivers, car insurance rates are increasing overall in the province by 1.24%.

Many insurance companies have been approved for rate increases, with some insurance companies increasing their rates as high as 7.08%.

While the overall market is increasing, there are some insurance companies that are decreasing their rates as low as 3.33%.

Car insurance rates continue to change. Shopping around is the best way to make sure that you are not overpaying for car insurance.

http://mailchi.mp/insurancehotline/breaking-news-fsco-approves-rate-increases-up-to-708?e=c6992ec7ff
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