• FAIR – supporting auto accident victims through advocacy and education
  • FAIR – supporting auto accident victims through advocacy and education
  • FAIR – supporting auto accident victims through advocacy and education

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2017 Automobile Insurance Legislated and Regulatory Adjustments and Optional Indexation Rates Under the Statutory Accident Benefit Schedule

The monetary threshold beyond which the deductible amount does not apply is adjusted from $123,016.99 to $124,616.21, in the case of damages for non-pecuniary loss from January 1, 2017, until December 31, 2017.
The monetary threshold beyond which the deductible amount does not apply is adjusted from $61,507.99 to $62,307.59, in the case of damages for non-pecuniary loss under clause 61 (2) (e) of the Family Law Act from January 1, 2017, until December 31, 2017.
The deductible for non-pecuniary loss when a tort award does not exceed the monetary threshold is adjusted from $36,905.40 to $37,385.17, in the case of damages from January 1, 2017, until December 31, 2017.
The deductible for non-pecuniary loss when a tort award under clause 61 (2) (e) of the Family Law Act does not exceed the monetary threshold is adjusted from $18,452.70 to $18,692.59, in the case of damages from January 1, 2017, until December 31, 2017.

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