Questionable Bargain: OPCF 49 Agreement offers premium …

Toronto, Ontario — A new option in Ontario car insurance tempts drivers with car insurance premium discounts, in exchange for waiving insurer responsibility from repairing damaged vehicles–regardless of who is at-fault. According to the Financial Services Regulatory Authority of Ontario, this agreement is officially titled OPCF 49: agreement not to recover for loss or damage from an automobile collision (for Ontario Automobile Policy OAP 1). The form further emphasizes that this will prevent the driver from claiming any sort of compensation for loss or damage, including repair costs, vehicle devaluation, loss of use, replacement costs, and the loss or damage of the vehicle’s contents.

In an interview with Driving.ca, Morgan Roberts, director of RH insurance at ratehub says that agents and brokers may offer this product to reduce insurance premiums, but warns that the people who may take the offer will likely be the least able to afford repair costs.

Similarly, John Baizana warned the Canadian Underwriter that the introduction of this choice largely serves as a podium for politicians and lobbyists, while distracting from issues such as inefficiency, fraud and waste.

Tags:

hilton-worldwide listed on couponmatrix.uklittle-black-dress listed on couponmatrix.ukmsc-cruises listed on couponmatrix.ukrosetta-stone listed on couponmatrix.uksouth-west-trains listed on couponmatrix.ukand-other-stories listed on couponmatrix.uk
hilton-worldwide listed on couponmatrix.ukHilton are innovators in the hotel trade, and were the first to introduce a computerised booking system. The firm also pioneered a smartphone app that allows guests to view their room inside and out, and to book all the services from their Conrad Concierge, all at the touch of a button. For your next getaway, aim for no less than some of the best hotels in the world with nearly a hundred years of hotel excellence. Book with Hilton today, but not before you get your hand ona Hilton discount code from Groupon!
little-black-dress listed on couponmatrix.ukRethink your style this season with the best of Little Black Dress - the clothing company helping you get the look you want, faster and cheaper than ever before! With a Little Black Dress discount code to hand you’ll be able to make great savings on your next order of a going out mini or wedding-worthy dress, so you can get catwalk-ready for less. Visit the website today to see all the fabulous styles on offer.
msc-cruises listed on couponmatrix.ukIf you love the sun, sea and sand (emphasis on the sea!), look no further than MSC Cruises for an unforgettable excursion to the world’s most stunning holiday destinations. A cruise can take you anywhere from the beaches of South Africa to the sunny Mediterranean – bringing new excitement every day and keeping boredom firmly at bay. If the seven seas are calling, use one of our MSC Cruise deals to secure off-season prices whenever you choose to travel. All that’s left to do then is climb aboard an MSC Cruise ship from Southampton and enjoy first-class facilities and onboard entertainment throughout your stay.
rosetta-stone listed on couponmatrix.ukThe only truly twenty first century language tuition provider in the world, Rosetta Stone have made it incredibly quick and painless for millions to master foreign languages. Their approach uses a wide array of digital aids including speech recognition software and interactive games, and it's all very affordable thanks to the Rosetta Stone promo code. Prior to their approach the only way to pick up a language was to live in the country where it's spoken - but Rosetta Stone have turned digital technology to their advantage without resorting to gimmickry, and millions of satisfied customers are enjoying the benefits.
south-west-trains listed on couponmatrix.ukSick of getting stuck in traffic? Opt for the easier, greener option with South Western Railway. Book online and enjoy a relaxed, comfortable commute or day trip all over the South West of England. Our South West train offers will help you save big on your tickets, making it the perfect way to get the whole family out of town - take in the scenery get ready for a relaxing ride with South Western Railway.
and-other-stories listed on couponmatrix.ukA one-stop style destination, featuring clothing collections from Paris, Stockholm, and Los Angeles, & Other Stories has taken the fashion world by storm. Grab an & Other Stories discount code to cut the price of your haul and you could be dressed head-to-toe in fabulous fashion without busting your budget. Whether you’re a romantic Frenchie at heart, a confident California girl, or a pragmatic Scandinavian soul, you’re bound to find something to suit.