Not everyone has them, and if you are one of those people who don’t, this may get you to reconsider.
You’ll be able to get a bit of a break on your vehicle insurance in the new year, if you put winter tires on your vehicle.
Finance Minister Charles Sousa has announced mandatory discounts for the tires, which is something he says 45% of insurers are already doing.
When asked about discount amounts, Sousa could not provide a percentage range, only that drivers would have to do the leg work and shop around themselves.
Drivers should contact their insurance carrier first to determine the amount of the discount being offered, and the documentation required.
“Our government is committed to reducing insurance costs and lowering premiums after recently introducing important and necessary reforms to the auto insurance system. Auto insurance is dependent on individual drivers’ behaviour, and this winter season, drivers across Ontario will be able to save more on their auto insurance by installing winter tires. Consumers are also encouraged, as with any insurance product, to shop around for the best possible rate and package that meet their needs.” – Charles Sousa, Minister of Finance.
“”The Ontario Safety League congratulates the Minister of Finance on his support for road safety by encouraging the use of winter tires. The insurance industry incentives and the discounts to use them should be taken up by all drivers in the Province. Broad multi-sector public education from car dealers, tire dealers and safety partners this year will increase voluntary use by drivers across the Province. The science and now the Province are in sync. ‘Four winter tires for winter driving’ now is a motto endorsed by the Province. Safety initiatives like this save lives.” – Brian Patterson, Ontario Safety League.