Revised Ontario Application for Automobile Insurance (Owner's Form) (OAF 1)

 
Bulletin
No. A-06/13
Property & Casualty
- Auto
 
To the attention of all insurance companies licensed to transact auto insurance in Ontario

​​The Financial Services Commission of Ontario (FSCO) has revised and updated the OAF 1 – Ontario Application for Automobile Insurance (Owner's Form) to reflect changes made to the data reporting requirements of the Automobile Statistical Plan (ASP).

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Revisions

 
The data field specifying Automobile Use in Section 3 – Described Automobiles of the OAF 1 has been revised.  The column for Business Use is changed to Business Use Percentage and the usual percentage of annual driving distance that is for business use is to be provided.   
 
The changes made to the OAF 1 will make the collection of the data element, Business Use Percentage, easier and more specific.
 
The changes made to the ASP are described in the General Insurance Statistical Agency (GISA) bulletin numbered GISA 2012-05 dated October 26, 2012 and available at
 
 

Implementation

 
The revised OAF 1 will be effective for use beginning January 1, 2014.
 

How to Obtain the Revised Form

 
For your reference we are attaching a copy of the revised OAF 1 in both English and French. You can also access the forms at FSCO’s website at www.fsco.gov.on.ca.
 
 

More Information

 
If you have questions about the revised OAF 1, please contact your rate analyst in the Automobile Insurance Division at FSCO.
 
 
 
Philip Howell
Chief Executive Officer and
Superintendent of Financial Services
 
November 15, 2013
 

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