Ontario car insurers could save up to $2.7 billion due to COVID-19: Study

Author: External Author | | Categories: Car Accident Lawyers , Insurance Lawyers , Legal Services , Personal Injury Lawyers

“Stay home, stay safe” had a lucrative meaning for car insurance companies. The amount of savings on payouts for insurers in Ontario in 2020 could reach $2.7 billion, given most drivers had to stay home because of COVID-19 restrictions, according to a new study by hellosafe .

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Original Article Source Credits:   Driving , https://driving.ca/

Article Written By:  NA

Original Article Posted on:  March 11, 2021

Link to Original Article:  https://driving.ca/auto-news/news/ontario-car-insurers-could-save-up-to-2-7-billion-due-to-covid-19-study