It's no secret that Ontarians pay some of the highest insurance premiums of all Canadians.
But wait till you hear just how much you're being overcharged by insurance companies.
A report, conducted by York University, for the Ontario Trial Lawyers Association, shows auto insurers made $1.5 billion in 2016, up nearly 60% over the last four years alone.
The report also shows that in 2011, average claims per vehicle dropped by 27%, while premiums barely budged.
The author of the study says over the last five years, overpayments on insurance have totalled $5 billion. That works out to an additional $143 per year, for every policy in Ontario.
The president of the OTLA, Claire Wilkinson says the indiustry is in need of a total re-think.
"With respect to auto insurance, Ontario serves only as a cautionary tale - a bad example to be avoided at all costs." says Wilkinson.
She suggests increasing transparency, so the government and consumers have a better understanding of just how much profit is being made by insurance companies in Ontario.