The Ontario Broker - Volume 20, Issue 1 - 9

HELPING CANADIANS
UNDERSTAND RISING INSURANCE RATES

$1.9 billion

in insured losses over 2018 due to
severe weather across Canada
Source: Insurance Bureau of Canada, 2019

$30 billion+

per year spent across the P&C
industry to manage and respond
to fraudulent activity
Source: Insurance Information Institute, 2017

vs.

60%

+

$5.2 billion

per year on average claimed for
home insurance in Canada from
2010 to 2013
Source: Insurance Bureau of Canada, 2015

in average costs for maintenance
and repair of one GMC vehicle
(2007 vs. 2014)

steady increase in housing
prices in large Canadian cities
such as Vancouver and Toronto,
from 2010 to 2016

Source: Consumer Reports, 2017

Source: CMHC, 2018

It's a tough time for Canadians as the cost of home and auto insurance is
going up. In a hard market, brokers play a critical role in helping consumers
understand their options. Working with our broker partners, our goal is to
educate Canadians with easy-to-understand information so they can make
smart, confident decisions. Go to economical.com/rateincreases to learn
why rates are going up, and share the link with others.

Insurance can be better
economical.com/rateincreases

property | auto | business
Economical Insurance includes the following companies: Economical Mutual Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company. ©2020 Economical Insurance. All Economical
intellectual property belongs to Economical Mutual Insurance Company. All other intellectual property is the property of their respective owners.



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The Ontario Broker - Volume 20, Issue 1

Table of Contents for the Digital Edition of The Ontario Broker - Volume 20, Issue 1

In This Issue
The Ontario Broker - Volume 20, Issue 1 - Cover1
The Ontario Broker - Volume 20, Issue 1 - Cover2
The Ontario Broker - Volume 20, Issue 1 - In This Issue
The Ontario Broker - Volume 20, Issue 1 - 4
The Ontario Broker - Volume 20, Issue 1 - 5
The Ontario Broker - Volume 20, Issue 1 - 6
The Ontario Broker - Volume 20, Issue 1 - 7
The Ontario Broker - Volume 20, Issue 1 - 8
The Ontario Broker - Volume 20, Issue 1 - 9
The Ontario Broker - Volume 20, Issue 1 - 10
The Ontario Broker - Volume 20, Issue 1 - 11
The Ontario Broker - Volume 20, Issue 1 - 12
The Ontario Broker - Volume 20, Issue 1 - 13
The Ontario Broker - Volume 20, Issue 1 - 14
The Ontario Broker - Volume 20, Issue 1 - 15
The Ontario Broker - Volume 20, Issue 1 - 16
The Ontario Broker - Volume 20, Issue 1 - 17
The Ontario Broker - Volume 20, Issue 1 - 18
The Ontario Broker - Volume 20, Issue 1 - 19
The Ontario Broker - Volume 20, Issue 1 - 20
The Ontario Broker - Volume 20, Issue 1 - 21
The Ontario Broker - Volume 20, Issue 1 - 22
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The Ontario Broker - Volume 20, Issue 1 - 49
The Ontario Broker - Volume 20, Issue 1 - 50
The Ontario Broker - Volume 20, Issue 1 - 51
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The Ontario Broker - Volume 20, Issue 1 - 57
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The Ontario Broker - Volume 20, Issue 1 - 60
The Ontario Broker - Volume 20, Issue 1 - 61
The Ontario Broker - Volume 20, Issue 1 - 62
The Ontario Broker - Volume 20, Issue 1 - Cover3
The Ontario Broker - Volume 20, Issue 1 - Cover4
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