Evaluating How Closely The Ontario Fair Auto Insurance Plan Comes To Meeting Its Goals

Injury Lawyer Personal Injury Faq's

When this plan was announced, the public did not have to wonder about the plan’s goals. Those goals had been made clear. This was the stated goal of those that supported the plan: Improve the stability and long-term health of the auto insurance industry in Ontario.

Members of the insurance industry may feel that the industry’s stability and long-term health has undergone an improvement. Unfortunately, not all of Ontario’s personal injury lawyers feel the same way. This article provides details that highlight the reason for the lawyers’ skepticism, regarding the plan’s ability to meet its goals.

Accident victims have no say in development of rules that affect benefits.

Ontario’s residents have learned about the appearance of an additional government body: The Financial Services Regulatory Authority. It has the power to make the rules that affect the auto insurance industry in Ontario. That includes the rules that affect benefits. Members of the Regulatory Authority show no interest in hearing the suggestions or opinions that may be offered by accident victims.

No promised changes in insurance rates

During the planning stage that preceded announcement of the finalized plans, the public received a promise. Drivers that had purchased automobile policies were told that the rates charged for car insurance would go down, following the plan’s implementation. That has not happened. Moreover, the insurance companies do not face any consequences for their refusal to lower their rates.

A second right from which victims were deprived

According to the Fair Auto Insurance Plan, those injured in a collision of motor vehicles must get examined at an independent examination center. Unfortunately, the center’s decision is final and the personal injury lawyer in Oakville understands that fact. The examined victims have no right to appeal any decision made by the professionals at such a center.

No good reason for one rule

Actually, there is no good reason for several rules. Those are the ones that put restrictions on the contingency fees charged by lawyers. Some insurers seem to think that by limiting the fees paid to attorneys, the factor that seems to greatly motivate lawyers will vanish. Thus, it will no longer manage to trigger the same level of motivation.

Such reasoning ignores the evidence, regarding the way accident victims seem drawn to the source of an attorney’s guidance. The holders of car insurance policies seek that guidance, due to the lack of any fair treatment from the insurance companies.

Possible changes in the near future

There is some talk about the government planning to seek more guidance from a panel of industry experts. Unfortunately they will all be experts within the insurance industry. There has been no mention of including experts from the medical field, let alone those from the legal profession.

992 thoughts to “Evaluating How Closely The Ontario Fair Auto Insurance Plan Comes To Meeting Its Goals”

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