Study
| EST. READ TIME 1 MIN.Two Hundred Bucks More: The Premium Cost of Public Auto Insurance
It is commonplace to assert that public auto insurance is cheap. Research published by the Consumers' Association of Canada (CAC) has gained wide coverage in the media and is quoted by various interests on all sides of the political spectrum. The public insurers all post premium comparisons on their web sites and in their annual reports that purport to show that public insurance is cheaper. This Alert proves that such assertions are false. It is a myth that auto insurance in the public insurance provinces (British Columbia, Saskatchewan, Manitoba, and Quebec) is relatively inexpensive.
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Mark Mullins
Mark Mullins is the former executive director of the Fraser Institute as well as the Institute's former director of Ontariopolicy studies. He has published numerous studies on government finance, tax policy, and value-for-money issues. Prior to joining the Fraser Institute in 2003, Dr. Mullins served as President of MSG Hedge Corporation, a privately owned consulting firm and as Senior Vice-President and Chief Economist at Midland Walwyn Capital Inc., where he was responsible for communicating the firm's outlook on the North American economy and financial markets. Dr. Mullins also brings extensive applied policy experience, having served as economic and fiscal policy advisor to the Canadian Alliance Party, the Progressive Conservative Party of Canada, and the Progressive Conservative Party of Ontario. Mark Mullins has an M.A. from the University of Western Ontario and a Ph.D. from the London School of Economics and has written extensively on subjects such as Canadian tax reform, health policies, and stock market and investment issues. He is a member of Ontario's Task Force on Competitiveness, Productivity and Economic Progress and a regular media commentator.… Read more Read Less…
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