Aviva Canada says its car insurance policyholders in Ontario can get a premium reduction up to 20% when their policies renew on or after June 15, 2021.
It’s the second time the insurer is reducing its personal auto rates for Ontario drivers since the onset of the COVID-19 pandemic. Currently, Aviva Canada’s auto insurance customers in Ontario already receive a 5% 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,” says Phil Gibson, Managing Director of Personal Insurance at Aviva Canada, in a statement.
There is no action required from Aviva’s customers. They will see their premiums reduced when they apply for a new policy or renew an existing policy. In 2020, Aviva Canada says it provided customers with $147 million in relief across a range of measures, such as premium reductions and payment deferrals.
Other auto insurers have announced new or extended pandemic relief programs in recent days, including CAA and Intact. Check the RATESDOTCA Rebate Premium Calculator to find out what measures your car insurance provider may offer.