Blogs » Law and Legal Services » Deutshmann Personal Injury & Disability Law - PERSONAL INJURY & DISABILITY LAW BLOG
 

Blogs

Deutshmann Personal Injury & Disability Law - PERSONAL INJURY & DISABILITY LAW BLOG
Additional Insurance Coverage is Affordable and Necessary
Return to Blog 

The independent study conducted by Metroline Research Group and commissioned by personal injury law firm Deutschmann Law, reveals that up to one quarter of Ontario drivers have no knowledge of changes to Ontario insurance regulations -- instituted seven years ago -- which cap claims for medical and rehabilitation coverage related to motor vehicle accidents. As a result, only 10% of individuals surveyed have moved forward with the purchase of additional insurance coverage to increase their liability and cover medical expenses and lost income. This is despite the fact the costs of additional coverage add up to less than $100 in most cases.

“Most drivers have no idea how drastically the coverage has been reduced. Many saw their premiums go down and were happy to finally have some relief from the high premiums Ontarians pay; not realizing it should have been a red flag to increased risk,” says personal injury lawyer Rob Deutschmann.

Prior to the 2010 changes to legislation, a person with non-catastrophic injuries was entitled to receive up to $100,000 of medical and rehabilitation benefits for expenses incurred up to 10 years after the accident. If the injured person’s injury was deemed catastrophic as defined by the Statutory Accident Benefit Schedule, the catastrophically impaired accident victim was entitled to receive $1,000,000 of medical and rehabilitation benefits for expenses occurred over the injured person’s entire lifetime.

After 2010, people suffering from “minor injuries” as a result of a car accident are only entitled to $3,500 in medical and rehabilitation benefits, and persons with injuries deemed non-catastrophic are entitled to receive up to $50,000 in medical and rehabilitation benefits for expenses incurred up to 10 years after the accident. For coverage expenses ranging from $100,000 to $1,000,000 an individual would be required to purchase optional coverage. With changes in June 2016, medical coverage has been further eroded for accident victims.

At least 70% of drivers have not had a conversation with their insurance provider about the additional coverage options available to them. This lack of information is putting people at grave risk. Unfortunately, in our daily practice, we encounter people all the time who have been seriously injured in a vehicle accident and who find -- much too late -- that they don’t have sufficient insurance to cover their medical expenses and weekly income needs. We commissioned this survey to put a spotlight on the issue and drive the necessary changes

Additional coverage is not only affordable in most cases but should be considered a requirement for anyone who is behind the wheel. Our survey showed that 84% of people who asked for a quote on the additional coverage went ahead and purchased it. It most cases drivers were quoted an amount that was less than $100 a year, and almost 25% paid less than $50 a year. Given that the average premium for drivers in Ontario is almost $1400, this is a small fraction of an increase.

 

Posted on Tuesday, Jan 30, 2018 - 09:21:00 AM EST
 Comments  (0) Post a Comment 
   By Deutschmann Personal Injury & Disability Law - Visit Our Business Directory Listing  |   Return to Blog 

Blogs Home   |   Start a Blog   |   Subscribe To Blog
News   |   Announcements   |   Events Calendar
Contact The News Editor   |   News FAQs

 
    <<     April  2019     
S M Tu W Th F S
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30        
Jump to:

Article Categories
Disability Law
Car Insurance
Community
Law Enforcement
Personal Injury Law
Safety

Recent Articles
Drug Impaired Driving
Auto insurance deductibles unfair to seniors, homemakers, children and the disabled.
Should We Name and Shame Impaired Drivers?
Brain Injury and Psychiatric Illness
Women and Concussion
Feds Pushing Provinces to Stiffen Distracted Driving Laws
Government Proposing Tax on Employer Health Benefits
NFL Settles $30 Million CTE Lawsuit
Undiagnosed Concussions Common Following Car Accidents
Stunt Driving - What it is, What it will cost you
Construction Season Ramping Up, Again
Lawyer Fees
TBI Diagnosis with A Microwave Helmet
Are Ride Hailing Apps Reducing Drunk Driving Rates?
Using Microwaves to Catch Post TBI Brain Bleeds
Outdoor Adventures Aren't Without Dangers
Who has the right of way in designated cyclist lanes?
Are Young Athletes Really Ready to Return to Play Post-Concussion?
Spit Test May Indicate Severity of Concussions in Children
Wildlife strikes can be deadly

Articles by Month of Posting
January 2018
January 2017
January 2016
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
August 2012
July 2012
May 2012
April 2012