Slap on a pair of expensive winter tires every year? Now you’ll get a bit of a break for doing so!
Ontario Finance Minister Charles Sousa announced this morning at a Canadian Tire that all drivers will receive a mandatory insurance cut if you put the special rubbers on your vehicle.
45% of vehicle insurers do it already. This will bring the remaining number into the fold.
The discounts will kick in January 1st 2016.
No word yet on exactly how much the mandatory amount offered will be though. How much of a break do you think you deserve for putting on winter tires? 2%? 5%?