The Supreme Court of Nova Scotia yesterday released their decision to keep costs low for auto insurance customers. The court ruled to uphold the cap on minor injuries resulting from auto accidents at C$2,500, following a constitutional challenge to Nova Scotia Auto Legislation.
The Supreme Court of Nova Scotia yesterday released their decision to keep costs low for auto insurance customers. The court ruled to uphold the cap on minor injuries resulting from auto accidents at C$2,500, following a constitutional challenge to Nova Scotia Auto Legislation.
Aviva Canada, one of the country's leading Property and Casualty insurance groups, played a key role in defending the legislation, which protects consumers from soaring auto insurance premiums.
"The court's decision is great news for auto insurance customers in Nova Scotia and across Canada, and sends a clear message that minor injury capping is a fair and sensible way to manage the affordability of auto insurance in the province," remarked Robin Spencer, president and CEO of Aviva Canada.
"It's encouraging that Nova Scotians will continue to benefit from premium reductions achieved as a result of legislation passed five years ago," added Spencer.
Today's decision is an important step in maintaining an affordable and sustainable provincial auto insurance system. It ensures that customers who are injured receive appropriate levels of compensation aligned to an auto insurance product priced at reasonable levels.
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Media contact:
Glenn Cooper
Senior Manager, Public Relations, Aviva Canada Inc
Telephone: (416) 288 2685
Mobile: (416) 523 3225
E-mail: glenn_cooper@avivacanada.com
Notes to editors:
About Aviva Canada
Aviva Canada Inc is one of the leading Property and Casualty insurance groups in Canada, providing home, automobile and business insurance to more than three million customers. Our group of companies has more than 3,300 employees, 40 locations and more than 3,000 independent broker partners. Aviva Canada products and services are delivered across the country under the following brands: Aviva, Aviva Pilot, Aviva Traders, Aviva Elite, Aviva Scottish & York and through S&Y Insurance Company. Aviva Canada Inc is a wholly-owned subsidiary of UK-based Aviva plc, the world's fifth largest insurance group. Please visit our website at www.avivacanada.com and our innovative web tool at www.changeinsurance.ca.