ICBC out of luxury game

[forum]

http://www.castanet.net/news/BC/181774/ICBC-out-of-luxury-game

Can anyone recommend some reputable private insurance companies in Kelowna?

[w84u2]

Just go to any insurance broker and ask for private auto insurance. You will still have to buy your basic and 3rd party insurance through ICBC, but collision and comprehension premiums can be purchased through a private insurer. I recommend "Family Insurance".

[forum]

Are these the ones you recommend? They are in Vancouver. I was asking for local.

https://www.familyins.com/pub/contact/

[w84u2]

Capri Insurance carries it.

[LTD]

are they any cheaper than icbc I'm getting a little tired of my insurance going up every year even tho I never had a claim not once have my rates gone down its pathetic insurance isn't supposed to work like that don't even get me going on having to purchase uninsured motorist protection

[w84u2]

Yes, they are cheaper.

[gman313]

http://www.castanet.net/news/BC/181774/ICBC-out-of-luxury-game

Can anyone recommend some reputable private insurance companies in Kelowna?

Western Financial can give you some good options. Get quotes as it is private and open to competition.

What you driving?

[Gilchy]

ICBC has been more expensive than third-party options for optional coverage for a long time anyways.

[w84u2]

ICBC has been more expensive than third-party options for optional coverage for a long time anyways.

That is true. Now that ICBC refuses to insure these cars, private insurance is now the only option.

[gman313]

ICBC has been more expensive than third-party options for optional coverage for a long time anyways.

however private insurance has downsides....heard a horror story or two where insurance didn't pay out in circumstances ICBC would have.

[twobits]

however private insurance has downsides....heard a horror story or two where insurance didn't pay out in circumstances ICBC would have.

And maybe ICBC pays out too many claims they shouldn't and is part of the problem why their rates are higher? Just sayin.

As far as I am concerned, the threshold should be at 80k for vehicles that are non commercial.

[django]

80k, have you looked at a new pickup lately?

[60-YEARS-in-Ktown]

I think its a big copout... It only affects about 3000 vehicles province wide.
And not sure its true, but I have heard they have a 10,000 deductible..

I think its just PR fluff.. Bet they are topheavey wage wise , with not a realistic output for wages paid..

[w84u2]

80k, have you looked at a new pickup lately?

An $80K truck doesn't go from 0 to 150kms/hr in less than 20 seconds. Of course, the next limitation will be placed upon HP. Any 1986 Toyota Corolla can obtain 600 HP. ICBC's next step will be to refuse to insure high HP cars in the future, as soon as they show a trend in the stats. that support their profits.

[Bsuds]

80k, have you looked at a new pickup lately?

A well loaded F350 DRW long box $92,000+

Holy Crap Batman!