ICBC Choice?

[mattinkelowna]

British Columbia has the highest auto insurance rates in Canada. Tell Forced Car Insurance Rates to Take a Hike.

Sent a letter to the Premier:
http://www.icbcchoice.ca/

[voice of reason]

the NDP will never get rid of icbc. it is right up their commie socialist alley

[vinnied]

yup they will never give up the monopoly on basic. you do have a choice in extended coverage though.

[kelownman]

the NDP will never get rid of icbc. it is right up their commie socialist alley

lol, which begs the question, why the hell didnt the lieberals, who had 17 years to get rid of ICBC, never did it? Oh that's right, the lieberals kept robbing a billion dollars from ICBC to fund the treasury to pay off all their corporate friends...

[mattinkelowna]

yup they will never give up the monopoly on basic. you do have a choice in extended coverage though.

Indeed, last year I switch from ICBC to BCAA for comprehensive coverage, and now I pay the same as before, but it includes my BCAA membership (savings of approx $150/year from ICBC to BCAA).

[Bsuds]

yup they will never give up the monopoly on basic. you do have a choice in extended coverage though.

We have been using a private insurer for years as they were always cheaper but recently went to ICBC on a car because they were $200 less on the optional insurance coverage pricing.

It really pays to get quotes.

[dontrump]

the NDP will never get rid of icbc. it is right up their commie socialist alley

lol, which begs the question, why the hell didnt the lieberals, who had 17 years to get rid of ICBC, never did it? Oh that's right, the lieberals kept robbing a billion dollars from ICBC to fund the treasury to pay off all their corporate friends...

your kinda on the right track here as they did rob ICBC blind except that was to balance the budget and look good to voters and nothing to do with paying off corporate friends LOL

[motokelowna1]

What a joke of an insurance company should be called an extortion syndicate. Brainless bunch of morons have no idea how to penalize the bad. Why do I have uninsured motorist insurance to pay for those that don't want too ? My costs go up because you couldn't even run a meat raffle in a butcher shop.

[Hassel99]

What a joke of an insurance company should be called an extortion syndicate. Brainless bunch of morons have no idea how to penalize the bad. Why do I have uninsured motorist insurance to pay for those that don't want too ? My costs go up because you couldn't even run a meat raffle in a butcher shop.

What an odd thing to rant about,
It provides extra coverage in hit and run situations as well as when a driver is from a different jurisdiction that have much lower insurance requirements . for example, in California you only need to carry $30,000 in third party liability.

What are you going to do if you get hit by a California driver, suffer $500,000 in damages, but only collect $30k from their insurance company? Sue them in BC? good luck.

an extra Million is $25 dollars. its the best deal ICBC offers.,

[kelownman]

What a joke of an insurance company should be called an extortion syndicate. Brainless bunch of morons have no idea how to penalize the bad..

see, you got your wish! are you happy now?
notice who brought this into effect....SURPRISE, it wasn't the LIEBERALS!

The changes would include insurance discounts for drivers with up to 40 years of driving experience and moving to a driver-based model, so at-fault crashes are tied to the driver and not the vehicle owner.

Those drivers who have caused crashes in the last decade will pay more under the new system, but they can waive one at-fault crash if they have 20 years experience and are 10 years crash-free.
https://www.castanet.net/edition/news-s ... htm#233526

[Nedroj]

https://www.castanet.net/edition/news-s ... htm#233526

"The changes would include insurance discounts for drivers with up to 40 years of driving experience and moving to a driver-based model, so at-fault crashes are tied to the driver and not the vehicle owner.

Those drivers who have caused crashes in the last decade will pay more under the new system, but they can waive one at-fault crash if they have 20 years experience and are 10 years crash-free."

So apparently you now have to be 60 years old before you get the maximum discount. Kind of funny with the amount of accidents caused by elderly drivers these days. My truck and 2 other vehicles were smashed into from a 90 year old lady that hit the gas instead of the brake. This was in a parking lot and the 2 vehicles were written off, luckily mine was not.

I've been in 2 at fault accidents in my 15 years of driving. The first one I totaled my car back in 2012 when I drove through a snow storm and hit a semi truck. An accident due to extreme weather conditions, which ICBC/BC is the only province that doesnt have a "no fault" weather clause. The second one happened 2 years later and was a very minor rear ender where no injuries occurred but a small dent was done to the other truck. Those two accidents took my -40% discount to a +15% surcharge. I haven't had a single ticket in over 6 years and I've spent the last 4 years accident free regaining my discount back which now sits at -20%. I now pay 160$ a month for insurance on a 14 year old vehicle that is one of the cheapest vehicles to fix.

Under these proposed changes how many of you would see their rates increase??

[JagXKR]

My rates may decrease but I will wait and see. Will they actually decrease or will they just not increase as much as everyone else? I have NO faith in Eby and anything he does. That is true for the entire NDG but Eby is one of my most hated politicians. He is a liar and a left wing nut.
All the previous governments have used ICBC for a cash cow and I have never liked that. Communist insurance does not benefit me in the least. All it does is make me pay more, and those that that should be paying more do not. Maybe this will make insurance more accountable to those that cause accidents. Time will tell, but I will not hold my breath.

The first one I totaled my car back in 2012 when I drove through a snow storm and hit a semi truck.

You are definitely one who should pay more. Really bad thing is you do not understand you're failings.

[LordEd]

I now pay 160$ a month for insurance on a 14 year old vehicle that is one of the cheapest vehicles to fix.

Insurance is not for fixing cars. Insurance is in case you kill someone. The age of your car doesn't matter if it hits a person.

[Nedroj]

The first one I totaled my car back in 2012 when I drove through a snow storm and hit a semi truck.

You are definitely one who should pay more. Really bad thing is you do not understand you're failings.[/quote]

Why should I pay more now, after already having my insurance increase and discount taken away because of a freak weather storm cause of an accident? If you knew all the details you would probably think otherwise. But I’ll accept your ignorance. Especially when you have complete idiots like the driver of the car doing 200+ km down hwy 33. Imagine the medical bill Icbc has to cover. Or the numerous super car accidents down in the lower mainland.

I now pay 160$ a month for insurance on a 14 year old vehicle that is one of the cheapest vehicles to fix.

Insurance is not for fixing cars. Insurance is in case you kill someone. The age of your car doesn't matter if it hits a person.

So in an accident where no one gets injured, icbc doesn’t pay to fix the vehicles or write them off??

if the owner (or now driver) of the vehicle gets into an accident and it’s his/hers fault, their insurance goes up already. If icbc wants to increase the overall rate increase when that happens, then I agree. But I paid for my mistakes by current icbc standards years ago. They are now changing those standards to re-penalizing me and many others. At least base the increase on the total paid out sum of the accident. So those that caused 1,000,000$+ in damages are not dinged the same as those that caused 10,000$.

[JagXKR]

If you knew all the details you would probably think otherwise. But I’ll accept your ignorance.

So ICBC found you were not at fault? Or did they find that you were driving too fast for the conditions? Not your fault, then why did your insurance go up? I do not need to know any details other than what you yourself have stated. You hit the semi.
Your measly 15 years means nothing and you need to get a refresher on how to drive in bad weather. Too fast for conditions, seen it so many times it seems a regular occurrence especially by the "newer" drivers.