Ontario Approves Insurance for Overweight

Ontario Approves Insurance for Overweight

Drivers can be a little more along the way, according to the company, after the province on Thursday approved an insurance that covers passengers pay.

The plan, approved by the Ontario Insurance Supervisory Authority this week, is complete with legal hovering overdrivers. It also makes Ontario's second Canadian booth is given to Alberta's approval of a policy of tailor-made services to provide driving groups despite concerns about unbalanced schemes and the cost of taxi drivers.

The Ontario Financial Services Commission (FSCO, for its abbreviation in English) said that the "cover fleet" of Intact Insurance "eliminates the expulsion from paying passengers" and addresses them to a "critical gap insurance" for the industry. The new plan includes liability to $ 2 million, according to Intact.

"This new shared travel insurance approved by the CSFO as a practical solution should help to shape careers," said CEO of Uber Canada, Ian Black, in a statement.

Last week began Intact coverage for overtors in Alberta offers and both companies work with Quebec to get insurance for private vehicles carry paid passengers.

"We assume that other insurers will follow suit in the future," the Commission said.

The new policy covers all drivers, co-drivers and owners of vehicles, except driver UberEats, when the application is used. If the application is disabled, start is the insurance personal car vehicle owner.

Not everyone sees the change in policy as an effective solution.


"This is another false advertising, smoke and mirror," said Rita Smith, executive director of the Toronto Taxi Alliance.

"These (UberX) drivers are not covered at this time, they were covered last night, they will not be covered by July 15" when a scheme requiring coverage is required.

About he says about the business policy bought enter intact and "automatically" applies to "all drivers driving community" trip.

Smith said, however, that drivers still buy UberX policy independently.

"If MLS (Municipal Licensing and Standards) really takes the application of the law seriously and enforces drivers as if they were the taxi drivers, they will leave masses," Smith said. "They will be from a sinking ship like rats."

Intact senior vice president Karim Hirji insisted, Uber, the company buys the policy.

"We are selling the policy over, paid for the premiums," said Hirji. "No matter who the driver is, as long as the journey is made in the Uber platform, this trip is covered by our policy."

Above requires drivers to buy personal auto insurance from any provider. It is up to the driver to warn the insurer driving under the flag.

Tracey Koch, head of the licensing city, said in an email that the city is "pleased that there is a product available that meets our requirements and sufficient coverage for passengers and drivers of private transport vehicles".

The new rules for the new class of private transport companies (PTCs) use a basic rate for taxis certification by PTC and opportunity to share higher cut racing rates Surge standards.

The rules are planned for implementation on July 15.

Mayor John Tory said he supported the proposed provincial regulations, Tory spokesman Siri Agrell said in an e-mail.

"What the whole 'show that you have' - MLS have full access to driver records, insurance certificates including," Agrell said.

He added that the staff recommends that the Council municipal officials require standards "test applicable insurance ... on request" to see.

Since the first appeared in 2012 on the streets of Toronto, Uber, based in San Francisco, has struggled to soothe the reaction of Toronto and anchored taxi drivers in other cities.

Mississauga banned virtually the company this year before a pilot program on the ride.

A new law in Quebec requires over-buying expensive taxi licenses. The company went from Calgary, after the city's strict regulations, at the beginning of this year. And in March over exposed operations in Edmonton, after the city regulations approved wider insurance.

"Through the system of auto insurance in Ontario modernization, Ontario insurers provide more comfort to the passengers by car and its driver.The joint business travel is provided so that the potential to promote economic growth, promote productivity and innovation" , Said Finance Minister Charles Sousa, in a statement.

Correction - July 8, 2016: In this article edited by a previous version, Philomena Comerford, President and CEO of Baird MacGregor was removed from the insurance, which is referred to as a plan of previous insurance, not presented this week.

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