👉The upcoming budget in Ontario, set to be tabled by Premier Doug Ford's government, will focus on auto insurance changes aimed at providing drivers with more options to reduce premiums, according to insiders. Industry sources familiar with the plans reveal that the reforms will expand choices for Ontario drivers to lower their car insurance costs. While Finance Minister Peter Bethlenfalvy's spokesperson neither confirmed nor denied the specifics, stating the government's continuous efforts to enhance consumer choice and streamline processes, the budget is expected to highlight measures to empower consumers in selecting their coverage plans. This marks the government's second major attempt at auto insurance reforms since 2019, aiming to address concerns about Ontario's highest average car insurance premiums nationwide. Despite no specific targets for reducing premiums, the proposed changes align with the PC party's campaign promise to offer consumers more options when purchasing automobile insurance. However, sources indicate that the budget will not set a universal target for premium reduction but will instead focus on increasing "optionality" for customers, allowing them greater flexibility in choosing coverage plans.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #OntarioBudget #AutoInsuranceReforms #DougFordGovernment #ConsumerChoice #PremiumReduction #InsuranceOptions #OntarioEconomy #PolicyChanges #mnm #malayalisnearmeapp #canadaupdate #canadanews