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Car Insurance Rates To Skyrocket

There's a new danger on the roads: car insurance rates are set to skyrocket.

According to a published report, drivers in the province will soon be facing a huge increase in their premiums.

Ontario temporarily froze rates back in 2003, but that has now been lifted.

In the past 12 months, regulators have approved increases - and the average size is 7.8 per cent.

Companies say that the reason for the hike is two fold: The auto insurance business lost money in the past year, and insurers are now paying more for medical and rehabilitation services.

http://www.citynews.ca/news/news_35975.aspx

It doesn't surprise me. The benefits available to people for auto injury claims in ontario are incredible. The treatment facilities and legal reps. have taken advantage of the system and unfortunately its the injured people and every person who pays for auto insurance who are suffering. I have a claim right now where the total vehicle damages were $750.00. To date, I've spent over $100,000.00 on the claim and the injured party still have another 8 years to make claims for medical treatment.

Great to hear, especially since I'm already paying up the ass since I had an at fault fender bender in 2008!

lol. hopefully they hold out for a few weeks.

quote:

Originally posted by ChemEnhanced I have a claim right now where the total vehicle damages were $750.00. To date, I've spent over $100,000.00 on the claim and the injured party still have another 8 years to make claims for medical treatment.

This makes me sick

quote:

Originally posted by VERTiG0 This makes me sick

welcome to my life.....of the 100 files on my desk I don't have a single where I've spent less than $50,000.00 and most likely 80-85 of the files will reach the $150,000.00 mark before they are closed. Most of the injuries are only soft tissue neck and back type injuries.

Heck, I had one guy want me to pay $20,000.00 for a garage he had added onto his house because he was affraid he might fall on the snow.

I wonder what the final bill was when I had my car totalled by a cop cruiser earlier this year.

so what are you guys paying right now?

my insurance is $239 with AllState. 1 speeding ticket, Mitsubishi GT, 3.8 L

$329 from AllState, no tickets, 1 claim - 3 drivers, 2 cars: 2000 VW Jetta TDI, 2003 Honda Accord

and I thought the $150 I had to start paying once I moved to Toronto was high... ouch guys!

I heard insurance companies in Ontario are lowering their threshold for short term/long term injury. How the fuck are they increasing insurances rates and decreasing benefits?

Time to move downtown

quote:

Originally posted by King_Mack I heard insurance companies in Ontario are lowering their threshold for short term/long term injury. How the fuck are they increasing insurances rates and decreasing benefits? Time to move downtown

the insurance companies want to lower the med coverage from $100,000.00 to $25,000.00. The insurance companies don't have the final say....its the lovely government that has the final say.

As it stands now these are some of the lovely benefits you have if you are hurt in an accident.

Income Replacement - $400 per week for the first two years, unless you purchase optional benefits.

Caregiving - $250 per week for the first dependant under 16 and an additional $50 per week for each additional dependant. So basically the insurance company will pay for someone to look after your kids....so if the mother is involved in the accident the insurance company will pay her money because her husband now has to look after the kids.

Non-Earner Benefit - $185 per week after 26 week waiting period. So basically, if you are a lazy shit and don't have kids or a job the insurance company will pay you money.

***note - you can only choose one of these three benefits***

Housekeeping - the insurance company will pay you $100 per week for two years to have someone clean your house....usually it ends up being a spouse or friend of the family that you end up paying.

Medical Benefits - $100,000 coverage for up to 10 years unless you are considered catastrophic then its a million dollars.

Attendant Care - $3000.00 per month unless you are catastrophic then its up to $6000.00 per month. So if you need someone to help you get dressed or wipe your ass the insurance company will pay for it. Once again, typically this ends up being a family member or friend who has no medical knowledge.

Then there are all the assessments, examinations and completion of forms that the insurance company has to pay for. This is usually 50% yo 55% of the total claim. There is no limit for this coverage.

pfff... I dont think it bothers me anymore...... ontario government enforced mafia... only difference that real mafia can do something in return.. those wankas just grab ya moneys...

arggggg, makes me wish i had insurance in QC again.

Paying $130 a month, saturn 2001, 24yr old, 1 speeding ticket(15 over)...which i dont think registered with the insurer!


When I started driving, I was paying $400 a year in quebec!


We really need to move to the same system quebec has!

so glad that other people voted in this government for me!

quote:

Originally posted by ChemEnhanced welcome to my life.....of the 100 files on my desk I don't have a single where I've spent less than $50,000.00 and most likely 80-85 of the files will reach the $150,000.00 mark before they are closed. Most of the injuries are only soft tissue neck and back type injuries. Heck, I had one guy want me to pay $20,000.00 for a garage he had added onto his house because he was affraid he might fall on the snow.

I don't get it, can't you refuse to pay these people? Doubtless that a few months of physiotherapy is more than enough for 90% of the people who are actually injured, which is probably only 10% of the people who claim to be.

I've actually seen a scam first-hand from some Russian immigrant asshole (probably illegal, I never did find out) and his sleazebag lawyer operating on commissions... and they settled with him, because apparently $200,000 was far enough away from the $2 million he wanted to sue for even though he jumped right in front of the car and never actually hit anything except the road, and was nowhere near an actual light or intersection. The only thing this douche rocket deserved to get was a swift kick in the gonads.

quote:

Originally posted by Jayx1 so glad that other people voted in this government for me!

The present auto insurance was initially put in place by Harris.

quote:

Originally posted by *~LiSa-LoO~* Great to hear, especially since I'm already paying up the ass since I had an at fault fender bender in 2008!

Not surprising, you're the reason insurance rates go up anyways...

1)Ur a Girl
2)Ur asian

quote:

Originally posted by DigiNut I don't get it, can't you refuse to pay these people? Doubtless that a few months of physiotherapy is more than enough for 90% of the people who are actually injured, which is probably only 10% of the people who claim to be. I've actually seen a scam first-hand from some Russian immigrant asshole (probably illegal, I never did find out) and his sleazebag lawyer operating on commissions... and they settled with him, because apparently $200,000 was far enough away from the $2 million he wanted to sue for even though he jumped right in front of the car and never actually hit anything except the road, and was nowhere near an actual light or intersection. The only thing this douche rocket deserved to get was a swift kick in the gonads.

You can refuse to pay for treatments however; its not as easy as just saying sorry we're not paying for more treatment. The biggest problem is not the people who are injured....they are just pawns in the game played by legal reps and treatment facilities. The treatment facilities submit treatment plans to the insurance company and the insurance company can either accept the treatment plans or refuse them. If they refuse the treatment plan then the injured party has to be examined by an independent doctor to see if the treatment plan that was submitted is reasonable. The treatment facilities can submit as many treatment plans as they want and there is nothing holding them accountable for the recommendations they make in the treatment plans. The insurance companies have to pay for the costs to have the doctors examine the injured parties. Then there are assessment facilities who send in requests for ortho assessments, psych assessment, neuro assessments, etc, etc, etc. when the injured parties don't even need these types of assessments. The scams start right from the tow truck drivers to the legal reps, to the treatment facilities, to the assessment facilities and to the injured people. In a lot of cases the injured parties don't even know whats going on.

$463 on my Miata
$1194 on my Elantra

quote:

Originally posted by ChemEnhanced You can refuse to pay for treatments however; its not as easy as just saying sorry we're not paying for more treatment. The biggest problem is not the people who are injured....they are just pawns in the game played by legal reps and treatment facilities. The treatment facilities submit treatment plans to the insurance company and the insurance company can either accept the treatment plans or refuse them. If they refuse the treatment plan then the injured party has to be examined by an independent doctor to see if the treatment plan that was submitted is reasonable. The treatment facilities can submit as many treatment plans as they want and there is nothing holding them accountable for the recommendations they make in the treatment plans. The insurance companies have to pay for the costs to have the doctors examine the injured parties. Then there are assessment facilities who send in requests for ortho assessments, psych assessment, neuro assessments, etc, etc, etc. when the injured parties don't even need these types of assessments. The scams start right from the tow truck drivers to the legal reps, to the treatment facilities, to the assessment facilities and to the injured people. In a lot of cases the injured parties don't even know whats going on.

Horrible. So how do Quebec and most of the continental USA get around it?

quote:

Originally posted by Abercrombie $1194 on my Elantra

What in the superfuck?! Did you mean Lamborghini? Or did you mean $194?

quote:

Originally posted by ChemEnhanced welcome to my life.....of the 100 files on my desk I don't have a single where I've spent less than $50,000.00 and most likely 80-85 of the files will reach the $150,000.00 mark before they are closed. Most of the injuries are only soft tissue neck and back type injuries. Heck, I had one guy want me to pay $20,000.00 for a garage he had added onto his house because he was affraid he might fall on the snow.

I've been driving for 20 years with no tickets or accidents. I had a claim last year when some old dude rear ended me and all I claimed was for the damaged exhaust system and bumper. No wonder the claims adjuster seemed shocked every time I talked to her when I said I was fine and didn't need any therapy or treatment. Fucking people scamming the system.

quote:

Originally posted by devnull arggggg, makes me wish i had insurance in QC again. Paying $130 a month, saturn 2001, 24yr old, 1 speeding ticket(15 over)...which i dont think registered with the insurer! When I started driving, I was paying $400 a year in quebec! We really need to move to the same system quebec has!

Quebec can afford that because of the stupid equalization payments they get.

quote:

Originally posted by Jayx1 so glad that other people voted in this government for me!

As much of a Harris supporter I was and still am I do believe it was his government who changed the insurance system to the current one we have.

quote:

Originally posted by ChemEnhanced welcome to my life.....of the 100 files on my desk I don't have a single where I've spent less than $50,000.00 and most likely 80-85 of the files will reach the $150,000.00 mark before they are closed. Most of the injuries are only soft tissue neck and back type injuries.

Must be a very stressful and endless pain in the ass job, I really hope they pay you well.

Wanted to ask you what happens with a total lost accident?

Party �A� rear ends party �B� @ full force.
Party �B� car is a total lost

-Who�s insurance goes up?
-Who�s insurance pays for the car damages at the total end of the settlement of party �B�?
-How much is the towing of party �B� car?
-Does party �B� insurance goes up within the next 2 years?
(Even when he or she is not at fault)

quote:

Originally posted by ChemEnhanced You can refuse to pay for treatments however; its not as easy as just saying sorry we're not paying for more treatment. The biggest problem is not the people who are injured....they are just pawns in the game played by legal reps and treatment facilities. The treatment facilities submit treatment plans to the insurance company and the insurance company can either accept the treatment plans or refuse them. If they refuse the treatment plan then the injured party has to be examined by an independent doctor to see if the treatment plan that was submitted is reasonable. The treatment facilities can submit as many treatment plans as they want and there is nothing holding them accountable for the recommendations they make in the treatment plans. The insurance companies have to pay for the costs to have the doctors examine the injured parties. Then there are assessment facilities who send in requests for ortho assessments, psych assessment, neuro assessments, etc, etc, etc. when the injured parties don't even need these types of assessments. The scams start right from the tow truck drivers to the legal reps, to the treatment facilities, to the assessment facilities and to the injured people. In a lot of cases the injured parties don't even know whats going on.

BINGO!!! That's the reality of things ... fuck those con-artist doctors, treatment centres and especially those fucking paralegals!

There has to be a way to stop them, really ... we're all victims of this massive loop hole.

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