Ontario Auto Reform

Ontario Auto Reform

As a result of reforms introduced by the Ontario government, there will be changes to your Automobile Policy effective September 1, 2010.  These reforms have been made in an effort to control claims costs, stabilize premiums and provide more choice to consumers.  You now have more control in selecting automobile insurance coverage that meets your individual insurance needs.

We have enclosed material to highlight the changes and to help you locate more information about the up coming auto reforms and how they will effect you.  Please pay special attention to the enclosed documents as some coverages under your auto insurance policy have been reduced.

It is worth noting that these reforms make the auto insurance product less vulnerable to factors that have recently driven cost upward.  These reforms concentrate on long-term rate stability, not on immediate price reductions.  As always, your individual insurance needs and coverage selections will determine the price you pay for insurance.

If you have any questions regarding your policy, coverage, or general insurance needs please contact our office. 

Welcome to the New Wiesner Insurance Website!

We are thrilled to announce the launch of our brand-new website and logo, reaffirming our dedication to embracing the latest technology available to our industry.  The same trusted Wiesner service, with a fresh look and feel.

Here at Wiesner Insurance, we take pride in providing quality, personalized services to our valued clientele. In order to help maintain our strong relationships with our partners and clients, we improved our website to provide a better user-friendly experience, and to help our clients to navigate our services and find important information easily.

We invite you to explore our new site, sign up for email updates and follow us on social media. We value your opinions, so please feel free to let us know your thoughts!

Like us on Facebook!

Follow us on LinkedIn!

Follow us on Twitter!

Follow us on Instagram!

Auto Insurance is Changing What You Need To Know

Effective June 1, 2016, the Ontario government has introduced changes to the automobile insurance system to help make insurance premiums more affordable.

These changes only apply to auto insurance policies issued or renewed on or after June 1, 2016. The changes will give you more choice over the coverages you select and the price you pay for auto insurance. Many of the changes affect the Statutory Accident Benefits you receive if you are injured in an auto accident, regardless of who is at fault.

Some of these benefits have been reduced and some options for increased coverage have been eliminated or changed. At your renewal date your auto policy automatically has the new lower standard benefits.

The most significant changes to your policy are:

Unless you act quickly and contact your insurance representative to increase your benefits or make changes, your coverage will default to the new lower standard benefits.

Some of the factors you need to take into consideration would be:

Is your income greater than $30,000/year? 
Then you need to consider increasing your Income Replacement Benefit to $600, $800 or $1,000.

Are there people in your life who depend on you financially or for care (children, elderly or disabled)?   Who would care for them if you were injured in a car accident?
Then you need to consider extending your Caregiver Benefit and/or adding a Dependant Care Benefit.

Does your employer provide a Group Insurance Plan? 
You may need to talk to your administrator to find out what you’re covered for and consider increasing your Medical Rehabilitation Benefit. Most benefit packages are limited to $500 a year per practitioner, and OHIP doesn’t cover things like occupational therapy, private nursing and psychology.

If you were injured in an automobile accident and had to hire someone to help you care for your home, like cutting the grass, how would you pay for these expenses?
Then you need to consider purchasing House Keeping and Home Maintenance Expenses Benefit

We want to remind you that a standard policy does not include benefits such as; dependent care, and that gaps might exist depending on your lifestyle. The good news is there’s opportunity to fill those gaps by increasing coverage or adding options to cover specific areas.

For additional information please give us a call.