NDP hikes ICBC rates

[tsayta]

With private insurers offering better rates for good drivers, icbc is diluting their base. They need the revenue from good drivers to pay for the bad. The base of good is shrinking

[maryjane48]

With private insurers offering better rates for good drivers, icbc is diluting their base. They need the revenue from good drivers to pay for the bad. The base of good is shrinking

it isnt better rates though . icbc is still cheaper for most people

[tsayta]

That seems odd. I just saw a tv commercial for bel air direct saying you could save money. Why would people choose them if it was more expensive?

[Catsumi]

With private insurers offering better rates for good drivers, icbc is diluting their base. They need the revenue from good drivers to pay for the bad. The base of good is shrinking

it isnt better rates though . icbc is still cheaper for most people

It isn't?? I have used Canadian Direct (now Belair) since 2006. Average savings for me approx. $200.00 per year.

A couple of years ago I took my renewal papers to ICBC agent and said that if they could beat CDI I would insure through them. They couldn't do it.


Same coverage, just costs less, for GOOD drivers. BAD drivers probably do get a better deal with ICBC and therefore are quick to defend it to the death.