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Car Insurance Quotes in Ontario

Your cheap insurance quote just went up ��" time to board the shopping train!

If you are looking for car insurance quotes in Ontario, you better get your hiking boots on because the FSCO has agreed to a price hike and it affects everyone who is reading this right now. The Financial Insurance Services Commission of Ontario is allowing an increase to insurance rates for all of Ontario. Car Insurance quotes may be a little or a lot higher than normal in comparison to previous years. Insurance companies in Ontario have filed for a rate increase beginning the first quarter of 2008 with an approved increase to insurance rates. Nearly 44% of the car insurance market in Ontario has had rate changes approved which will affect car quotes for all consumers.

The rate change affects’ the average Ontario insurance policy by 2.42% and that is if you have a clean driving record. The government is saying that Ontario Car insurance according to the Financial Insurance Services Commission Ontario is long over due for a increase and decided to approve one. The Ontario car insurance rate changes approved for the first quarter of 2008 became effective in the first quarter of 2008 or later for 2008 renewal policy business. Therefore, consumers will not know that they have had a rate increase until their policy renews.