The Co-operators reduces auto insurance rates in Ontario

GUELPH, ON, Aug. 26, 2013 /CNW/ - Co-operators General Insurance Company is 
once again lowering insurance rates for private passenger automobile clients 
in Ontario, effective October 15. Altogether, The Co-operators has reduced its 
auto insurance premiums in the province by 12 per cent since the start of 2012. 
The impact of The Co-operators rate reductions on individual clients will 
vary, depending on a number of factors including where they live, the vehicles 
they drive, their driving records, as well as the amount of coverage and 
deductibles selected. The Financial Services Commission of Ontario (FSCO) 
reviews filings from insurance companies to ensure that their proposed rates 
are justified, based on claims experience and other factors affecting costs. 
In 2012, The Co-operators was in a position to pass on savings to its clients 
due to the positive impact of the auto insurance reforms in Ontario. This 
action is consistent with its co-operative mission, vision and values. The 
further reduction in 2013 reflects continuing positive experience with the 
ongoing auto insurance reform efforts in Ontario. The Co-operators looks 
forward to working with the government to find further cost savings in the 
coming years. 
"Ontario drivers pay a lot for their insurance, so we're very pleased that 
we've been able to reduce our rates significantly over the past couple of 
years," said Kathy Bardswick, president and CEO of The Co-operators. "While 
auto insurance is highly regulated and policies are standardized to some 
degree, there are a number of choices drivers can make to suit their 
particular needs and preferences. It's a good idea to speak with your advisor 
to make sure you have the amount of coverage you want at a price you're 
comfortable with." 
For more information on auto insurance in Ontario, contact your advisor or 
visit FSCO's website. To get an auto insurance estimate from The Co-operators 
in as little as 30 seconds, visit www.cooperators.ca, or call or visit your 
local Co-operators advisor. 
About The Co-operators:
The Co-operators Group Limited is a Canadian-owned co-operative with more than 
$33 billion in assets under administration. Through its group of companies it 
offers home, auto, life, group, travel, commercial and farm insurance, as well 
as investment products. The Co-operators is well known for its community 
involvement and its commitment to sustainability. The Co-operators is listed 
among the 50 Best Employers in Canada by Aon Hewitt; Corporate Knights' Best 
50 Corporate Citizens in Canada; and the Top 50 Socially Responsible 
Corporations in Canada by Sustainalytics and Maclean's magazine. For more 
information visit www.cooperators.ca. 
Leonard Sharman The Co-operators 519-767-3937 
SOURCE: The Co-operators 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/August2013/26/c8158.html 
CO: The Co-operators
ST: Ontario
NI: INS  
-0- Aug/26/2013 14:04 GMT
 
 
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