Millions of Ontario drivers will face a series of choices when they renew their insurance coverage after the Liberal government introduces a package of regulation changes today aimed at keeping rates down, The Canadian Press has learned.

Finance Minister Dwight Duncan will propose 40 different regulation changes for the auto insurance sector with a goal of giving consumers more options and flexibility to shop for lower rates, said a government source.

The province will not adopt a recommendation from the Financial Services Commission of Ontario to lower medical and rehabilitation benefits for non-catastrophic injuries to $25,000, said one source.

Instead, drivers will be given options to try and keep a lid on insurance rate increases, including allowing them to buy a package with a basic medical coverage limit lower than the current $100,000 minimum.