David and Christine Pindar say a change to their postal code means their auto insurance will increase to $3,508 from $3,188 annually. Auto insurance premiums typically increase if a driver moves into an area their insurer deems a higher risk, even when there are no changes to their driving record. This so-called “postal code discrimination” is the subject of a provincial bill that passed its second reading last month. “It does not prohibit insurers from using factors related to postal code when determining auto insurance premiums,” Singh told the house during the second reading. In this case, the last three digits of the postal code L1H 0N5 are new and have been assigned to hundreds of addresses on Raglan Rd.

Source: thestar April 14, 2019 12:00 UTC