FSRA will now be posting rate filing decisions within days of approval.  Combined with new search features, the new database provides consumers with:

  • timely information about approved rate changes for every auto insurer in Ontario; 
  • improved transparency of approvals; and
  • greater accountability among auto insurers for the rates they charge consumers.   

You can now search approved rate filings by an auto insurers’ master brand name (public facing company name). Approvals will be updated regularly to the database which also includes approvals dating back to January 1, 2018.

FSRA encourages consumers to use the database as a signal of a potential rate change coming their way. Consumers can decide whether to contact their insurer for more information, shop around for a better deal, or both.

Factors that impact auto insurance rates include risk, market conditions, and legislation/regulation.  Learn more about auto insurance and factors that impact your premium at FSRA’s new Auto Insurance Consumer Hub.

2020 Rate Changes

As of August 31, there were 74 rate applications approved.

Most related to COVID-19 and the impact of fewer drivers on the road. Auto insurers filed these changes using FSRA’s Emergency rate filing process to enable rapid implementation. Emergency rate filings include rebates, rate reductions and the delay, change or withdrawal of pre-Emergency approved increases.

These filings do not appear in the rate filing approval database due to the features of the emergency filing process. Since the beginning of the pandemic, auto insurers have reported $992 million in consumer relief. FSRA’s report on consumer relief provides more detail.

Rate approvals prior to the Emergency generally reflected higher physical damage costs and, to a lesser degree, higher injury related costs.

FSRA will now be reporting average premiums in dollars. This provides consumers with a basis of comparison to what they are actually paying.

and/or
to
Insurer Insurer Group Approved Rate Change Renewal Effective Date Sort ascending
Commonwell Mutual Insurance Group (The) Commonwell -0.10
Dominion of Canada General Insurance Company (The) Travelers 0.00
Portage la Prairie Mutual Insurance Company (The) Portage -0.03
TD General Insurance Company TD 0.00
Belair Insurance Company Inc. Intact -1.85
Security National Insurance Company TD 0.00
Federated Insurance Company of Canada Northbridge 0.00
Primmum Insurance Company TD 0.00
Heartland Farm Mutual Inc. Heartland -0.42
Aviva General Insurance Company Aviva 0.00
Gore Mutual Insurance Company Gore -4.96
Jevco Insurance Company Intact 0.00
Intact Insurance Company Intact 0.00
Wawanesa Mutual Insurance Company (The) Wawanesa 1.96
Co-operators General Insurance Company Co-op 0.00
Sonnet Insurance Company Economical 0.00
Verassure Insurance Company Northbridge 0.00
Allstate Insurance Company of Canada Allstate 0.00
Farm Mutual Reinsurance Plan Inc. (on behalf of Ontario Mutuals) FMRe -0.24
Economical Mutual Insurance Company Economical 4.09
Certas Direct Insurance Company Desjardins 3.94
Personal Insurance Company (The) Desjardins 3.85
Certas Home and Auto Insurance Company Desjardins 4.96
S&Y Insurance Company Aviva 6.31
CAA Insurance Company CAA 3.95
Novex Insurance Company Intact 0.00
Pafco Insurance Company Allstate 5.00
Unica Insurance Inc. La Capitale 4.78
Unifund Assurance Company RSA 3.00
CUMIS General Insurance Company Co-op 0.36
Royal & SunAlliance Insurance Company of Canada RSA 5.00
COSECO Insurance Company Co-op 10.12
Echelon Insurance CAA 5.00
SGI CANADA Insurance Services Ltd. SGI 9.99
Zenith Insurance Company Northbridge 4.93
Western Assurance Company RSA 5.00
Scottish & York Insurance Co. Limited Aviva 11.05
Aviva Insurance Company of Canada Aviva 5.41
Traders General Insurance Company Aviva 0.00
Guarantee Company of North America (The) Intact 7.54
Mitsui Sumitomo Insurance Company, Limited Chubb 6.28
Facility Association FA 0.00
Northbridge General Insurance Corporation Northbridge 0.48
Continental Casualty Company Continental 8.09
Chubb Insurance Company of Canada Chubb 6.28
Pembridge Insurance Company Allstate 0.00
Coachman Insurance Company SGI 7.50
Northbridge Personal Insurance Corporation Northbridge 10.52
Optimum Insurance Company Inc. Optimum 7.00
Sovereign General Insurance Company (The) Co-op 0.00
Hartford Fire Insurance Company Hartford 34.87
AIG Insurance Company of Canada AIG 0.00
Tokio Marine and Nichido Fire Insurance Company Limited Tokio 0.00
Liberty Mutual Insurance Company Liberty 0.00
Esurance Insurance Company of Canada Allstate 0.00
Zurich Insurance Company Zurich 0.00
XL Specialty Insurance Company XL 0.00