ETOBICOKE, Ontario (Dec. 16, 2016) — The Ontario provincial government has mandated that companies that sell car insurance in Ontario offer their customers discounts for using winter tires.
The winter tire discount mandate — which took effect Jan. 1, 2016 — is one of several ways the province is seeking to help reduce insurance costs for Ontario's 10 million drivers, according to Yvan Baker, the Parliamentary assistant to Minister of Finance Charles Sousa.
On average, Mr. Baker said, drivers who use winter tires can have their auto insurance rates reduced by between 2 and 5 percent.
"Winter tires don't just make you more safe, they protect those around you, including passengers, other drivers, and pedestrians," Mr. Baker said at a press conference in Etobocke. "The winter tire discount doesn't just lower your auto insurance rate by up to 5 percent — it makes everyone on the road safer."