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Did you know? – Vol. 12.16

August 21, 2012

Did you know that car insurance rates have decreased by 0.12% in the first half of 2012?

Yes, it’s true! The Financial Services Commission of Ontario has reported that car insurance rates have decreased by 0.12% in the first half of 2012.

This means that you may find a lower rate by switching car insurance companies! It’s a great time to shop around and get car insurance quotes.

  • Jim McPeak

    Did you know that car insurance rates have decreased by 0.12% in the first half of 2012?

    I think that insurance rates dropping by less than one per cent is hardly newsworthy or is it. Maybe a story as to why they have only dropped by this amount. Of course if you meant 12 per cent, I suggest you use the correct format. No 0. in front of the 12. The way you have means slightly more than one tenth of one per cent.

    Cheers.

  • Nick – InsuranceHotline.com

    Hi Jim,

    Overall rates have decreased by 0.12%. However, certain companies have decreased much more than that and some companies have even increased. To see the full report, check out this link: http://www.fsco.gov.on.ca/en/auto/rates/Pages/q2-2012.aspx