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New technology will help lower insurance rates: Province

Insurance companies look to monitor driver habits to determine rates

More and more car insurance companies are testing out new technology to monitor your driving and the province is behind them.

While the Finance Minister still maintains Ontario can reduce car insurance rates in the province by its goal of an average of 15 per cent by next year, Charles Sousa says he believes this technology will help.

Sousa says good drivers whose rates were negatively affected by fraud in the system, will see their rates go down with this monitoring system.

But NDP leader Andrea Horwath - who was pushing for this rate reduction in the first place - is hesitant.

She says future statistics will show if these monitors actually help. She stresses there are systemic problems with the way insurance rates are calculated and rates will mainly be affected by broad policy changes.

Progressive Conservative leader Tim Hudak says he'd embrace anything that would keep auto insurance rates down.

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  1. john posted on 03/18/2014 11:21 AM
    people dont fall for this stupid thing it will not do nothing to our insurance this is builshit . what thay dont tell u this is if u look into the bill when u get one it says that u pay a big amount of money for rental of the device . i heard jerry agar asked if it is going to be mandatory on all cars . the guy he was talking to said no . yet more bullshit . thay got them in cars already . it is called onstar . those things that telll u were the nearest gas station is . call if u got into a accident to see if u are okey . there plain is to report this data to the government so thay can charge u taxes per mile u go . it is a way to control u . insurance rates will NEVER go down . no matter want u do people who dont beleave this talk to people in the USA thay will tell u how screwed up it is . i am not falling for this nonsence no device in the world is going to cut your insurance rates .
    1. john's mom posted on 03/18/2014 11:25 AM
      @john oh john yer such stoopid .
      this noo stuff isnt fer yer trike.
    2. MS posted on 03/18/2014 12:03 PM
      @john My head hurts after reading your post, John.
  2. john posted on 03/18/2014 12:18 PM
    fine dont bleave me . but if get a big bill form the insurance company and the government dont come on the commit bitching about how much u are getting screwed .over i am telling u the system dos not work . it is a trap .
  3. Angry Bill posted on 03/18/2014 12:49 PM
    I have to agree with my erudite colleague above.

    This is BS, our insurance rates will NEVER go down for any reason, much less because of these devices. The rates will only go up, instead. Some more than others, depending on what data these boxes report. But it will be up, definitely not down. That's how these racketeers work.

    The day that they force us to have these frigging boxes in every new car is the day that I drive my current car into the ground and never buy a new car again. Insurance racketeers are just legalized criminals. Their bed buddies, the government, forces us to buy their products.. which means they can charge us whatever their black little hearts feel like charging us. Because we gotta pay, or the government takes away our license and throws us in jail.

    I'd rather be robbed at gun point by an honest crook with a mask, rather than by the dishonest crooks in our government and insurance industry.
    1. Karl Burgin posted on 03/19/2014 01:03 PM
      @Angry Bill Well said....
  4. Frankie posted on 03/18/2014 01:47 PM
    This is the same disaster as the smart meters. Belair Direct already has this and insureds already complaining about rates increasing tremendously.

    Too bad this type of technology isn't available to be used on the Liberal a**holes at Queen's Park. Every time they steal from us, enact idiotic legislation, run the province incompetently, and lie, they'd get a jolt of electricity which increases exponentially with each negative action.
  5. Steven posted on 03/18/2014 02:43 PM
    I think we should be aware like we should be with all things that monitor our habits and actions - true it will give insurers a better idea of your use and driving habits they may reduce ( or increase) rates as a result ( remember photo radar - I mean who drives the speed limit all the time ) It will no doubt end up in the courts and potentially be used against you in my opinion in serious accidents ect
  6. john posted on 03/18/2014 02:58 PM
    what people dont understand is the prices will ALWAYS go up thay do not know how to lower the prices . and thay always give a lame ass excuse ( and thay are realy lame ) why thay did it . i stoped driving cause of this . and i not do that ever again . i am now anti insurance .
  7. Angry Bill posted on 03/18/2014 04:13 PM
    And people wonder why people have absolutely zero problems with ripping off the insurance companies every chance they get.

    Insurance companies are complaining about insurance fraud? Well, HOW ABOUT NOT RIPPING US OFF EVERY CHANCE YOU GET! Try that on for size, and then just maybe, people might not be quite as inclined to screw you right back.

    I'd have to defraud the insurance companies for quite a lot in order to make back all the money they ripped off from me over the past 3 decades. I wouldn't feel this way if I honestly thought that the insurance companies weren't ripping me off. But they are, and have been for a long, long time.

    If someone is honest with me, I'm honest with them, plain and simple. Insurance racketeers are not honest with me, and never have been. I wouldn't cross the street to piddle in their face if their teeth were on fire.
  8. Fed up posted on 04/01/2014 07:22 AM
    Don't be fooled people! These monitoring systems will only be used to justify increasing your rates - not lowering them!

    One can only wish and dream of the insurance industry using the common law practice of "Innocent until proven guilty!" Fare and reasonable rates until you prove you're a menace to society on the open road!
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