Your Auto Rates & Fraud | Tip of the Month | W.H. Williamson & Co. Limited

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Tip of the Month
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Your Auto Rates & Fraud

There are 6 million auto policyholders in Ontario whose rates are negatively affected by the estimated annual $1.6 billion cost of fraud in the auto insurance sector. The Financial Services Commission of Ontario (FSCO), has launched a tip line for consumers to report suspected fraud in response to a recommendation made in the Auto Insurance Anti-Fraud Task Force's final report. They can call 1-855-5TIP-NOW, or report through the website www.fsco.gov.on/TIPNOW. In both cases, they have the option to leave contact information or report anonymously.