Issues and Activities

Consumers’ Association Blames Big Profits By Insurance Companies For Skyrocketing Rates

Press Release

 

FOR IMMEDIATE RELEASE 

Sept 17, 2003

Consumers' Association Blames Big Profits By Insurance Companies For Skyrocketing Rates

OTTAWA, Sept. 17 /CNW/ - "Huge profits reported this week by the insurance industry calls for a formal Government review of property and auto insurance rates," said Mel Fruitman, President of the Consumers' Association of Canada. "Consumers and businesses have been harmed by the dramatic rate increases the insurance industry has imposed on the public and Governments have done little to protect consumers."

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National Study On Auto Insurance Rates Confirms Toronto Consumers Pay The Highest Rates in Canada

Press Release

 

FOR IMMEDIATE RELEASE 

Sept. 10, 2003

Consumers' Association National Study On Auto Insurance Rates Confirms Toronto Consumers Pay The Highest Rates In Canada

TORONTO, Sept. 10 /CNW/ - "Auto insurance rates in Toronto are the highest in Canada and are outrageously high compared to other major cities such as Vancouver and Montreal", said Mr. Mel Fruitman, President of the Consumers' Association of Canada at a news conference held at 10 am today at the Sheraton Centre in Toronto. The Association released its national study of auto insurance rates across Canada including data from forty cities in all ten provinces.

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2003 Auto Insurance Rates Comparison Study - Final Report

This Consumers' Association of Canada study on auto insurance rates answers the following question:

"How much would the same driver pay for auto insurance if they had the same vehicle, same driving record and same claims history, and lived in each of the 40 cities surveyed in this study?"

click here for full report

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Consumers’ Association Study Confirms Alberta Is A Have-Not Province When It Comes To Auto Insurance

Press Release

 

FOR IMMEDIATE RELEASE 

August 27, 2003

Consumers' Association Study Confirms Alberta Is A Have Not province When It Comes To Auto Insurance

CALGARY, Aug. 27 /CNW/ - "Auto insurance rates in Alberta are completelyout of step with other western provinces", said Mr. Mel Fruitman, President of the Consumers' Association of Canada at a news conference held today in Calgary. "Some drivers in Alberta pay up to 500% more for auto insurance than do consumers in provinces like Manitoba, Saskatchewan and British Columbia which have public auto systems."

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2003 Auto Insurance Rate Comparison Study - Interim Release “17 Cities in 4 Western Provinces”

August 27, 2003

Consumers across Canada are very concerned about auto insurance rates. Auto insurance is a unique and complex consumer product. How much a consumer pays for an insurance policy differs significantly across Canada. 

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