Auto insurance rates on the rise

Millions of Ontario drivers may soon face double-digit premium hikes.

The Toronto Star reports 10 insurers serving more than a quarter of the province's drivers are being allowed to raise rates a second or third time in about 12 months.

That means increases averaging between 11 and 19 per cent for those drivers.

The average Toronto-area driver is likely to pay nearly 14 per cent more with some seeing a whopping 30 per cent jump.

The Insurance Bureau of Canada says insurers are facing a rising demand for treatment and compensation.

Finance Minister Dwight Duncan is expected to announce changes to auto insurance policies soon.