Ontario election: NDP leader Andrea Horwath vows quicker action on auto insurance rates

NDP Leader Andrea Horwath says the Liberals are in the pocket of big insurance companies and could care less about the motoring public.

People are paying too much for insurance, she told reporters Tuesday at a campaign stop in Scarborough.

We are quite concerned the Liberals are more interested in keeping the insurance companies happy than they are about bringing down rates for drivers.

Howarth said the 15 per cent auto insurance reduction promised the 2013-14 budget has failed to live up to its billing.

And Horwath said if she was to become premier she would bring the industry to heel.

We do want to drive some changes in the auto insurance industry, she said, including forcing the industry to share the wealth.

I have been hearing all around the province people are not seeing a significant reduction in their auto insurance rates. Some people are seeing their rates go up, she told reporters at Malvern Town Centre.

The budget called for an average 15 per cent cut to premiums to be phased in over two years.

According the government, insurance rates on average have gone down 5.67 per cent as of April. The NDP wanted the 15 per cent decrease implemented all at once.

Horwath said that among other things, a NDP government would reduce the time it takes for government rate changes to be realized by the consumer.

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Ontario election: NDP leader Andrea Horwath vows quicker action on auto insurance rates

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