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-   -   ICBC rates to go up again next year? (https://www.revscene.net/forums/649580-icbc-rates-go-up-again-next-year.html)

Jermyzy 07-12-2011 12:26 PM

ICBC rates to go up again next year?
 
B.C. motorists could get hit with higher vehicle insurance rates next year - Yahoo! News

".....B.C. motorists could get hit with higher vehicle insurance rates next year

By The Canadian Press | The Canadian Press – 15 minutes ago
....tweet0EmailPrint......VANCOUVER - B.C. drivers could get hit with increased vehicle insurance rates next year.

ICBC spokesman Mark Jan Vrem says the public insurer will file a rate application with the BC Utilities Commission by the end of the year to get approval for higher rates.

Jan Vrem says basic rates are under pressure because of rising injury costs at a time when more people are on the road due to an improved economy.

He says the basic rates was reduced by 2.4 per cent last year but the insurer hadn't anticipated the economy would recover so fast.

He also says wet driving conditions this rainy summer have led to more collisions on B.C. roadways.

Jan Vrem says drivers will pay more next year if the utilities commission approves the hike, but he doesn't know how much more.
..."

dai3yuen 07-12-2011 08:49 PM

Blame the Liberals who took something like close to $500 million from ICBC!

That should have been used to reduce our premiums!

CTV British Columbia - Government to receive $778 million in ICBC surplus - CTV News

MarkyMark 07-12-2011 10:03 PM

They would still make record profits without the increase

FerrariEnzo 07-12-2011 11:00 PM

its a good thing im taking transit now..

freaking gas is going up, insurance going up... EVERYTHING god damn thing is going up EXCEPT wages... fuckers

firebird79_00 07-13-2011 06:42 AM

Actually minumum wage is going up, but it doesnt make a difference seeing as the average person makes more then minimum wage. There should be an all around increase in everyones wage, not just people who make minumum.

Jayboogz 07-13-2011 08:49 AM

Fuck the wage increase I want a deduction on personal income tax that wud be way better.
Posted via RS Mobile

racerman88 07-17-2011 07:34 PM

It's insane considering their investments make them millions in profit every year.
It doesn't help that the government keeps taking money from the ICBC "bank" to use for other things.

JesseBlue 07-17-2011 07:44 PM

who is surprised anymore with icbc...?

asian_XL 07-17-2011 08:02 PM

partly thanks to the riot

MindBomber 07-17-2011 09:32 PM

It has nothing to do with bc drivers, they've made several attempts to increase revenue over the last year and none of them have stuck. this is just the next attempt.
Posted via RS Mobile

em1.ac 07-17-2011 09:37 PM

Well I'm not shocked at all..

- kT 07-17-2011 10:53 PM

this is seriously an annual trend. fucking crooks


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