ICBC to increase rates for basic insurance
 

ICBC | An open letter to customers from CEO Jon Schubert: ICBC
:fuuuuu:

Too many people scamming the system and making fake body injury claims.

FML

Like they aren't stealing enough of our money

:yuno::yuno::yuno:

:fuuuuu::fuuuuu::fuuuuu:

Fuckin' whiners.

LOL its only gonna be average of $30 on BASIC premium....

ur coll and comp will go down because ur car is getting older, should offset it.

Still pretty stupid though....

This is exactly why. Ontario premiums are soaring cause of this, so thank god we have public insurance that limits the claims unlike private.

I think ICBC needs to go further in limiting the claims. There's lots of people rushing to specialists for minor accidents, when really they just need a couple days to heal.

^ because its pretty much the only way to even think about buying a house nowadays,

im still fuckin waiting for some c-lai to rear end me, so I can cash in, so many of my friends are making bank off injury claims

^^ really.. Makes me want to get my fucking monies worth sometimes.. I pay out the ass for insurance now with the Audi... and I'll never see a dime back because I'm not a moron on the road. =|

Remember last year it was -2.5% in basic rates? Now they'll probably increase 5% so they make a net gain of another 2.5% ... cheeky k**nts

i rear ended a lady recently....no dmg on my bumper and a tiny scratch on hers...wanted to privately settle but she claims her back is in pain...

monopoly power! wooot icbc says something and we just gotta take it up the bum!

Copying my post from the other thread on this:

http://www.revscene.net/forums/65862...-premiums.html

They claim basic insurance is losing money but optional is profitable. So the idea is I guess increase basic to a point where it becomes revenue neutral (since they are a govnt. corp, they are supposed to be rev neutral) and lower optional to take away a bit of the profit.

I've talked at length with my dad about rates and how they decide things and it's a lot more complicated than you think. FYI my dad has worked at ICBC in head office for over 30 years.

your "friends" are the reason the rates are being increased. dumbshit.

Oh, and all of those of you who have "performance" cars and are newish drivers (under 10 years) or even have your N... go do a insurance quote for ontario or AB and see how it goes. The grass is always greener on the other side... until you get there and the other side is back where you came from.

Any vehicle for that matter. My brother was quoted $3-5K/yr for his Suzuki GS500 in Ontario for his first year of riding. I was quoted $1200-1800/yr for my Suzuki SV650 in BC for my first year of riding.

ICBC rewards new and bad drivers while punishing good and experienced drivers. Considering the demographics of this forum, most don't have anything to complain about.

fail me all you want,

the fact is EVERYONE does it,

even 100 dollar damage, people will claim injury.

when someone hits you, you either have the choice of

a) claim injury and possibly get 10k+

b) do nothing

hmmmm....


I agree if everyone was a good samaritan then this wouldnt be a problem,

but the fact is, human beings are greedy fucks, and everyone is always looking to screw over their neighbor if it advances their own life,

that is the world we live in, materialistic posessions and money is all that matters, and people will get it any way they can.

so when you get hit one day, your saying your not going to claim injury if your not hurt?

well good on you I guess, rates will still increase, and so will injury claims, with or without you.

may aswell claim it

^^ I got hit. Hard enough to write off the car. The other party deemed 100% their fault.
I'm not claiming injury because I am not injured.
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good on you man^

unfortunately you wont get a letter of thanks or anything from icbc, nor will anyone pat you on the back,

all you did was miss out on 20+ grand

ICBC will basically tell her to fuck off with the injury claim.Nowadays the car has to have a certain amount of damage done to it for the driver or passengers to claim injuries.

If she gets caught for faking the back injury(which more than likely this dumb cunt will),she will get charged for fraud and will be on ICBC's black list for the rest of her life(being on that list is the worst thing possible for a person who drives or rides in vehicles).

ICBC has zero tolerance for fraudulent claims,they will punish scammers to the fullest extent.

Not everyone in this world are out to scam the system and make a quick buck,believe it or not,there are still alot of honest people left in this world.

Lol.. Gs500. Thats nuts... A gs 500 isnt even a sport bike I can't imagine how much an r6 our something would cost
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If I'm not hurt, nope. If I am, sure. See I'm actually an honest person..... I know hard to belive, right?
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