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Tighter Living: Average auto insurance premium in Ontario grows by 12 percent in 2023

Toronto, Ontario — Insurance research firm, Rates.ca has released its list of cities that pay the highest auto insurance premiums in Ontario, with the average estimated premium growing by 12 percent in 2023, compared to 2021. This is the largest increase recorded by the Insuramap survey, with the average estimated premium sitting at $1,744, compared to […]

Price Spike: Mississauga, Ont. raises tow fees by 87.5 percent

Missisauga, Ontario – Insurance Bureau of Canada (IBC) is calling out the Mississauga City Council after an abrupt decision to increase towing rates by 87.5 percent on July 6. According to IBC, this brings the cost of the average tow in Mississauga to $750, up from $400. This is nearly twice that of other cities […]

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