Time for a Tune‑up: Reforms to Private‑Sector Auto Insurance could Lower Costs and Add Value
It proposes policy changes to reduce the cost and improve the value of #autoinsurance in #canada. The study found that Canadians pay the highest premiums in the world for auto #insurance relative to GDP, with personal injury coverage being the most significant contributor to overall differences. The paper recommends product reforms and addressing #autorepair#fraud to increase consumer choice, reduce disputes, and provide better value.