Whats New
As of September 1, 2010 the Ontario Government implemented a major overhaul to automobile insurance in our province. These changes provide you with more choice and flexibility to purchase coverage that best meets your protection and budget. You now have choices to customize your accident benefits coverage under your auto insurance policy. Please see our Accident Benefit Chart and review the coverage you had prior to these changes, the coverage you have now and the available increases to these coverage.
| Benefit | Coverage under your former auto insurance policy | Coverage under New Standard Auto Insurance Policy effective September 1, 2010 | Options available to increase your benefits | Our Recommendation |
|---|---|---|---|---|
| Medical, Rehabilitation and Attendant Care Benefits (for non-catastrophic injuries) | $100,000 for medical and rehabilitation benefits, $72,000 for attendant care benefits | $50,000 for medical and rehabilitation benefits, including assessment costs; $36,000 for attendant care benefits | $100,000 or $1,100,000 for medical and rehabilitation benefits including assessment costs; $72,000 or $1,072,000 for attendant care benefits | This increased benefit is recommended for anyone who feels the basic limit of coverage is not sufficient; and/or anyone who does not have group or individual plan for medical, rehabilitation or attendant care |
| Medical, Rehabilitation and Attendant Care Benefits (for catastrophic injuries) | $1,000,000 for medical and rehabilitation benefits; $1,000,000 for attendant care benefits | $1,000,000 for medical and rehabilitation benefits including assessment costs; $1,000,000 for attendant care benefits | An additional $1,000,000 for medical, rehabilitation and attendant care benefits including assessment costs | This increased benefit is recommended for anyone who feels the basic limit of coverage is not sufficient; and/or anyone who does not have group or individual plan for medical, rehabilitation or attendant care |
| Caregiver Benefit | Up to $250 per week for the first dependent plus $50 for each additional dependant; available for all injuries | Up to $250 per week for the first dependant plus $50 for each additional dependant; available only for catastrophic injuries | Up to $250 per week for the first dependant plus $50 for each additional dependant; available for all injuries | Increased benefit is recommended for primary caregivers of children and/or invalid family members, if the caregiver does not feel the basic benefit is enough |
| Housekeeping and Home Maintenance Expenses | Up to $100 per week; available for all injuries | Up to $100 per week available for only catastrophic injuries | Up to $100 per week available for all injuries | Anyone who feels they would require this coverage regardless of their type of injury |
| Income Replacement Benefit | 80% of net income up to $400 per week | 70% for gross income up to $400 per week | Weekly limit can be increased to $600, $800, or $1000 per week | If you weekly income is greater than $500 per week or $37,000 annual and you do not have a long term disability policy |
| Dependant Care Benefit | Not Provided | Not Provided | Up to $75 per week for the first dependant and $25 per week for each additional to a maximum of $150 per week | Increased benefit is recommended if you are eligible for employment benefits and may also require reimbursement for child care expenses |
| Funeral and Death Benefits | $25,000 lump sump of an eligible spouse; $10,000 lump sum for each dependant; maximum $6,000 for funeral expenses | $25,000 lump sump of an eligible spouse; $10,000 lump sum for each dependant; maximum $6,000 for funeral expenses | $50,000 lump sump of an eligible spouse; $20,000 lump sum for each dependant; maximum $8,000 for funeral expenses | Married persons, and/or those with dependants should purchase this coverage. Also those who feel the basic funeral benefit is not enough |
| Indexation Benefit (applicable to Income Replacement, non-earner benefit, attendant care benefit, or medical and rehabilitation benefit | Not Provided | Not Provided | Annual adjustment according to the Consumer Price Index for Canada | Coverage is recommended for all drivers especially those with young dependents |
| If you have a minor injury due to an auto accident, your medical and rehabilitation accident benefits are limited to $3,500 regardless of the coverage level you have selected. | ||||
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