March 19, 2021 (Toronto, Ontario) - Aviva Canada auto insurance customers in Ontario can expect up to 20 per cent premium reduction when their policies renew on or after June 15, 2021. Currently, Aviva Canada personal auto insurance customers in Ontario already receive a 5 per cent reduced premium, introduced last August. The new reduced premium will also apply to new customers from May 1, 2021 onwards.
“We continue to see a reduced level of claims in Ontario, and we are passing these savings on to our customers,” said Phil Gibson, Managing Director of Personal Insurance at Aviva Canada. “This is the second time we will reduce our personal auto rates for Ontario customers since the start of the pandemic.”
No action needed
There is no action required from customers. Customers will see their reduced premiums when they apply for a new policy or when their existing policy renews.
Last year, Aviva Canada provided customers with $147 million in relief across a range of measures, such as premium reductions and payment deferrals.
About Aviva Canada
Aviva Canada is one of the leading property and casualty insurance groups in the country, providing home, automobile, lifestyle and business insurance to 2.4 million customers. A subsidiary of UK-based Aviva plc, Aviva Canada has more than 4,000 employees focused on creating a bright and sustainable future for our people, our customers, our communities and our planet. Launched in 2019, Aviva Canada is investing in safer communities through Aviva Take Back Our Roads, which uses data driven solutions and strategic collaborations to make safer roads a reality for all. In 2021, we announced our plan to become a net zero carbon emissions company by 2040, the most demanding target of any major insurance company in the world.
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Notes to editors:
- These changes do not apply to Aviva Canada Lifestyle products.
- These changes apply to auto insurance policies underwritten by Aviva Insurance Company of Canada, Scottish & York Insurance Co. Limited, Aviva General Insurance Company, S&Y Insurance Company and Traders General Insurance Company.