ICBC No-fault Announcement Feb 6/2020

Discussion in 'Canada' started by ommoran, Feb 6, 2020.

  1. MGV8

    MGV8 Long timer Supporter

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    After reading some on both sides I am willing to give it the benefit of the doubt. If nothing else but to see the courts have time to focus on other things. Hoping for a tad of savings but not holding my breath.
    #21
  2. CanadianX

    CanadianX Don’t leave a steaming pile for others.

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    I wonder if ICBC underwrites the highly subsidies BC Coal industry? I guess dumping coal into Asia makes it someone else's dirty problem. I also wonder if AB oil and gas subsidies in the form of reduced royalties, tax break and other forms that don't amount to taking your tax money and giving it to industry is really a subsidy and I also am curious about how the 2 billion in "subsidies" balances out the $100 billion + in economic benefits.

    As for carbon tax that is a nifty way to have taxpayers under write made up carbon credits which have no physical manifestation and no intrinsic value but sure are making some rich people richer.
    #22
  3. tattewell

    tattewell Mad Poser

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    Careful, you can't argue with stupid.
    #23
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  4. CanadianX

    CanadianX Don’t leave a steaming pile for others.

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    We all possess vast amounts of stupid but so long as we keep asking questions and working towards common understanding of this complex world we live on then there is a hope for progress on the array of issues we face. (Can you tell I have a stack of PERs on my desk...fucking hell I'm running out of red pens!)
    #24
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  5. The Island

    The Island Im lost.

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    I'm jealous. How man CC are you insuring?
    #25
  6. shuswap1

    shuswap1 Long timer

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    I'd make that to be the under 400 class, about what my DRZ costs.
    #26
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  7. tattewell

    tattewell Mad Poser

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    Self licking ice cream cone.
    #27
  8. vince82

    vince82 Been here awhile

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    849cc, it's a Tracer
    #28
  9. The Island

    The Island Im lost.

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    Wait, 750/year for liability and then extra for comprehensive?
    #29
  10. CanadianX

    CanadianX Don’t leave a steaming pile for others.

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    For comparison in NB I pay $900/yr for two bikes with full coverage and $1k deductible. Bikes are a GSA and a KTM 500. Insured with TD.
    #30
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  11. vince82

    vince82 Been here awhile

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    No, 480 for 2M liability, + extra
    #31
  12. The Island

    The Island Im lost.

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    ICBC confises me. I don't have any tickets or accidents - clean record and max discount. My 5year old f800gs was insured for 1 year for 1,050 for 1Mill liability and then 550 bucks for comprehensive. My dr200 is almost insured for the same amount you pay... something is up. Who is your broker? I need help!
    #32
  13. shuswap1

    shuswap1 Long timer

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    ICBC is mandatory for on the road liability ins.... but Beacon is the theft/damage insurer for our F700GS bikes and the wife's KTM EXC-F. Both of our BMWs are covered by Beacon for about the $550 amount you mentioned.
    We both have clean records, no accidents, tickets and have been riding (far) in excess of 10 years.
    Now that I've said........no doubt that will change this year.
    #33
  14. vince82

    vince82 Been here awhile

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    The broker does not matter. Being over 35 does
    #34
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  15. H96669

    H96669 A proud pragmatist.

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    #35
  16. 250senuf

    250senuf Long timer

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    Nothing about motorcycles in that chart?
    #36
  17. H96669

    H96669 A proud pragmatist.

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    Don't you have a car? :evilMy 650 bike is about the same yearly rate as the car.Liability only on both.So I'd expect the same, or close to ,savings!
    #37
  18. BCBackRoads

    BCBackRoads Travels with Gumby

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    Looking at that chart, I see that Alberta quotes are the highest in the country for virtually all types of drivers.

    So that begs the question. Why do I see so many Alberta plated vehicles here in the Okanagan that belong to people who are obviously living here? I always assumed that they could save money by keeping the vehicle registered in Alberta. Is there something fishy with this chart?
    #38
  19. 250senuf

    250senuf Long timer

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    Alberta recently had the cap on increases removed thanks to Mr. Kenney
    #39
  20. H96669

    H96669 A proud pragmatist.

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    I don't know about the fishy chart.....but from talking to some drivers with BCDL and out of province plates on vehicles that have been in BC for years?Very fishy explanations as to why they do that........they go deaf as soon as one mentions the law and implications in case of accidents! And obviously from people with a much larger income than me judging by what they drive,ride,live in or in one case the size of his personal fleet?
    #40
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