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Ontario drivers, brace yourselves. Over the next few months,
your auto insurance premiums are likely going up, if they haven’t already risen. And in many cases, drivers could be looking at
double-digit increases.
In Ontario, auto insurance is regulated by the Financial Services Commission of Ontario (FSCO), an arm's-length agency of the Ministry of Finance. According to a recent FSCO report, the average approved premium increase for the first three quarters of 2009
was 6.2 per cent. Several media outlets suggest however that premiums could actually increase by an average of 9.1 per cent across the province. read more

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