Brokers say optionality will save Ontario drivers $100 at most per year

Brokers say optionality will save Ontario drivers $100 at most per year

iStock.com/Jinda Noipho Optionality in the Ontario auto insurance product will end up saving consumers about $100 yearly at most, with the majority of potential savings ($75) coming from income replacement benefits, speakers said Wednesday during an Ontario auto panel at IBAOcon in Niagara Falls. Early estimates show a consumer can save $75 a year by opting out of income replacement benefits and $12 a year by opting out of non-earner benefits, I…