REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Automotive Chat > Vancouver Off-Topic / Current Events

Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

Reply
 
Thread Tools
Old 09-06-2015, 03:31 PM   #26
I WANT MY 10 YEARS BACK FROM RS.net!
 
Timpo's Avatar
 
Join Date: Mar 2002
Location: ...
Posts: 20,379
Thanked 4,550 Times in 1,368 Posts
Quote:
Originally Posted by Soundy View Post
ICBC CAN'T turn you down for insurance because of your age, sex, driving record, or the color of your hair. It may cost you a couple limbs and a testicle if you have a shitty driving record, but you can still get insurance (assuming your vehicle is legal, of course).

Private insurers are under no obligation to sell a policy to anyone. There's a chance, in such an all-private environment, that you wouldn't be able to insure your vehicle AT ALL.
ICBC may not refuse to insure you based on your physical appearances.
However, they can refuse to insure you if you haven't paid your parking violation ticket or any fines from municipal government, Skytrain tickets, student loans, etc.
Advertisement
Timpo is offline   Reply With Quote
Old 09-06-2015, 05:20 PM   #27
I contribute to threads in the offtopic forum
 
jasonturbo's Avatar
 
Join Date: Feb 2008
Location: North Van
Posts: 2,734
Thanked 6,668 Times in 1,189 Posts
Quote:
Originally Posted by Soundy View Post
ICBC CAN'T turn you down for insurance because of your age, sex, driving record, or the color of your hair. It may cost you a couple limbs and a testicle if you have a shitty driving record, but you can still get insurance (assuming your vehicle is legal, of course).

Private insurers are under no obligation to sell a policy to anyone. There's a chance, in such an all-private environment, that you wouldn't be able to insure your vehicle AT ALL.


DUDE!
Well that's not entirely true, the facility association exists to ensure that people can obtain insurance in a private market despite their high risk of a loss.

(Two different links)

Facility Association

Facility Association

The facility association does no exist in BC (Or other provinces with public insurance) as ICBC has a program to deal with the residual market.
__________________
Quote:
Originally Posted by jasonturbo
Follow me on Instagram @jasonturtle if you want to feel better about your life
jasonturbo is offline   Reply With Quote
Old 09-06-2015, 05:47 PM   #28
RS.net, helping ugly ppl have sex since 2001
 
Jmac's Avatar
 
Join Date: Aug 2004
Location: Duncan, BC
Posts: 8,177
Thanked 3,842 Times in 1,437 Posts
I'm not a big fan of ICBC at the moment.

When I bought my latest car in April, I was dropped from -15 to -12 on their scale despite never having an accident.

Around 15 years ago, I had a car that was registered and insured in my dad's name and I was registered as the primary operator. One night, my dad got into minor single vehicle accident on his way to work. He would take the car on occassion, maybe a few times a month.

The accident went on his driving record ... Until, for some fucked up reason ~15 years later when ICBC decided to move it onto mine.

They said they attached it to my dad's truck, which he sold in 2010 to upgrade to a newer truck. They took it off his truck and it sat in limbo until 2015 when I bought my new car, apparently.

I'm not paying any more, but now I'm 1 accident away from being hit with increased insurance rates instead of 2, plus the principle of having an accident associated with my driving record despite never having an accident or ticket in my life. It's BS.
Jmac is offline   Reply With Quote
Old 09-07-2015, 09:51 AM   #29
I subscribe to the Revscene NWS thread(s)
 
Join Date: Jan 2007
Location: Vancouver
Posts: 2,534
Thanked 267 Times in 208 Posts
Quote:
Originally Posted by underscore View Post
Or they'll give you such an insane quote that it's not realistic to insure with them. I recall seeing a story in the news a few years back about a kid from Alberta with a few accidents and a written off vehicle on his record. Because of all this the quote he got for insurance in Alberta was $100k a year. They didn't say what his car was but still, that's just absurd. It reminded me of the Top Gear episode where they tried to find the best car for a teenager and all the insurance quotes were several times the value of the car.
While that number looks like a lot, it's not really that absurd when you think about it. When it comes to drivers like this, the insurance company probably is charging them that much not because of the value of the car, but for the likelihood that this kid is probably going to seriously injure or kill somebody. (which they'd be on the hook for)
syee is offline   Reply With Quote
Old 09-07-2015, 11:37 AM   #30
private modder
 
Eff-1's Avatar
 
Join Date: Feb 2002
Location: North Shore
Posts: 6,054
Thanked 1,641 Times in 422 Posts
Hating ICBC at the moment. Having reached the maximum discount, each year my total insurance premium INCREASES because they keep raising the premiums.

Same coverage, same car, same address, no accidents, but sorry you gotta pay more.

It's a total rip off especially since my plates are pleasure use only.

2015 6.7% increase (application): ICBC starts 2015 basic rate application process

2014 5.2% increase: ICBC to file 2014 basic rate application

2013 4.9% increase: ?ICBC makes changes to basic and optional rates
Eff-1 is offline   Reply With Quote
This post thanked by:
Old 09-07-2015, 11:58 AM   #31
Rs has made me the man i am today!
 
Traum's Avatar
 
Join Date: Aug 2007
Location: Paradise, BC
Posts: 3,107
Thanked 2,351 Times in 1,031 Posts
Quote:
Originally Posted by Eff-1 View Post
Hating ICBC at the moment. Having reached the maximum discount, each year my total insurance premium INCREASES because they keep raising the premiums.
You're directing your hate to the wrong crowd. I'm not saying ICBC couldn't do a better job, but when the government is siphoning $200M+/year from the crown and into their general revenue coffers, I think the hate should be directed towards the government first.

Same goes for your hydro rates, and the provincial government is sapping even more $$$ from there.
Traum is offline   Reply With Quote
Old 09-07-2015, 12:08 PM   #32
I contribute to threads in the offtopic forum
 
Join Date: Oct 2009
Location: richmond
Posts: 2,834
Thanked 1,485 Times in 568 Posts
sure young drivers get cheaper insurance under ICBC but its us mature safe drivers subsidizing it!!
__________________
Rise Auto Salon

11938 95a Ave Delta
I can be reached VIA text @ 778-232-1465

Oil change special $70 5 liters synthetic oil including OEM filter Fender rolling from $45 per fender
Car Audio:
Focal, Morel, Genesis, Clarion, Scosche, Escort, Compustar, GReddy, Blitz, Tomei, Motul, Endless, Defi, Cusco, Nismo + More


We specialize in:
Custom Car Audio
Race/4x4 Fabrication
Forced Induction
Engine Swaps
General Maintenance
Phil@rise is offline   Reply With Quote
Old 09-07-2015, 12:23 PM   #33
RS has made me the bitter person i am today!
 
meme405's Avatar
 
Join Date: Feb 2013
Location: Vancouver
Posts: 4,625
Thanked 7,179 Times in 2,177 Posts
Quote:
Originally Posted by Phil@rise View Post
sure young drivers get cheaper insurance under ICBC but its us mature safe drivers subsidizing it!!
Honestly both young immature shitty drivers, and mature safe drivers should be more pissed that senior citizens have the most discount and are often the worst drivers.

We all know that blind old fuck with a reaction time slower than a slice of cheese hurtling down the road in a late 90's to early 2000's camry/corolla with more scars than a rally car, at like 30km/h below the speed limit.
__________________

Barney Fucking Purple FX35
Brianna - 2008 FX35 - Build Thread
meme405 is online now   Reply With Quote
This post thanked by:
Old 09-07-2015, 12:42 PM   #34
Hypa owned my ass at least once
 
winson604's Avatar
 
Join Date: Apr 2004
Location: Vansterdam
Posts: 6,736
Thanked 1,071 Times in 519 Posts
Quote:
Originally Posted by Eff-1 View Post
Hating ICBC at the moment. Having reached the maximum discount, each year my total insurance premium INCREASES because they keep raising the premiums.

Same coverage, same car, same address, no accidents, but sorry you gotta pay more.

It's a total rip off especially since my plates are pleasure use only.

2015 6.7% increase (application): ICBC starts 2015 basic rate application process

2014 5.2% increase: ICBC to file 2014 basic rate application

2013 4.9% increase: ?ICBC makes changes to basic and optional rates
I feel ya. Overall I've never had any real issues with ICBC. Dealt with them 3 times in my life and all went fine. One time they even went above and beyond and reimbursed me money because the sleepy GM autopsy shop on marine and main fucked me over hard on a simple window replacement and car rental.

I really wish there was a better reward system for the drivers with good records. I'm maxed out yet still gotta pay more every year but I suppose that's life right. Property taxes, insurance, heck even groceries and shit just go up every year.
__________________
"back at the line to Babych.... LONG SHOT....Potvin had trouble with it....ADAM SHOOTS SCORES!!!!

GREG ADAMS!! GREG ADAMS!!"
winson604 is online now   Reply With Quote
This post thanked by:
Old 09-07-2015, 01:15 PM   #35
I WANT MY 10 YEARS BACK FROM RS.net!
 
Soundy's Avatar
 
Join Date: Jan 2006
Location: Abbotstan
Posts: 20,731
Thanked 12,144 Times in 3,366 Posts
Quote:
Originally Posted by Eff-1 View Post
Hating ICBC at the moment. Having reached the maximum discount, each year my total insurance premium INCREASES because they keep raising the premiums.

Same coverage, same car, same address, no accidents, but sorry you gotta pay more.

It's a total rip off especially since my plates are pleasure use only.

2015 6.7% increase (application): ICBC starts 2015 basic rate application process

2014 5.2% increase: ICBC to file 2014 basic rate application

2013 4.9% increase: ?ICBC makes changes to basic and optional rates
Same thing applies to everyone, nothing special about you.
__________________
Quote:
Originally Posted by Godzira View Post
Does anyone know how many to a signature?
..
Quote:
Originally Posted by Brianrietta View Post
Not a sebberry post goes by where I don't frown and think to myself "so..?"
Soundy is offline   Reply With Quote
Old 09-07-2015, 01:29 PM   #36
private modder
 
Eff-1's Avatar
 
Join Date: Feb 2002
Location: North Shore
Posts: 6,054
Thanked 1,641 Times in 422 Posts
Quote:
Originally Posted by Soundy View Post
Same thing applies to everyone, nothing special about you.
Ok boss thanks for the insight
Eff-1 is offline   Reply With Quote
This post thanked by:
Old 09-07-2015, 01:50 PM   #37
RS has made me the bitter person i am today!
 
meme405's Avatar
 
Join Date: Feb 2013
Location: Vancouver
Posts: 4,625
Thanked 7,179 Times in 2,177 Posts
Quote:
Originally Posted by Eff-1 View Post
Ok boss thanks for the insight


Don't worry, its no better even if you are still accruing your discount level. Every year I think to myself "hey this year I can enjoy paying less for my insurance since I safely drove another year", and every year those hopes are crushed by the fact that ICBC ups the insurance rates by almost the same amount my discount goes up.
__________________

Barney Fucking Purple FX35
Brianna - 2008 FX35 - Build Thread
meme405 is online now   Reply With Quote
Old 09-13-2015, 07:02 PM   #38
Even when im right, revscene.net is still right!
 
umpadupa's Avatar
 
Join Date: Nov 2006
Location: Vancouver
Posts: 1,362
Thanked 80 Times in 40 Posts
yes they have raised rates for the last 3 years. and yes the provincial gov uses icbc to help funnel the $$ into government projects.

That being said, yes everyone is correct that ICBC has a fair rating system for younger drivers. and i do agree that they are off setting this with having experienced divers cover the differences.

We do have optional coverages for third party, coll and comp. BCAA, Canadian Direct, Family and so on. However you better read the entire policy booklet as they follow the wordings to the T when a claim comes up. They also have restrictions on what they want to insure, usually nothing over $120,000.
This is one of the reasons the base rate keeps going up. The private companies that are in BC take all the "best" risk and leaves icbc with the shit ones. Also due to regulations, icbc has to cover the basic $200,000 first.
Even if the person causes an accident the private would likely be on the hook for the car damage, however icbc has to pay the first $200,000 on every single claim.
Base rate also increases because icbc has to piggy back the entire DMV where in other provinces and states, the DMV is ran by the state. Our insurance premiums pay for everything.
The underwrites are overworked and claim process are pushed back because icbc is running a leaner and leaner organization recently. They are 1)cutting people 2) only giving term contracts so they don't have to cover future benefits. Thats why there are only a few Licensing centers and seem to be "understaffed"

There are also a shit ton of fraud. To be honest, running a dashcam actually helps everyone. Both yourself and icbc. A lot of people feel that a not at fault accident is like hitting the lotto where as in reality, it should only cover actual losses, injuries and pain and suffering. Small little rear enders without even marring the paint, isnt worth $10,000+ unless it was something that makes sense. However i see people compain how a little bump caused them to miss work for 4days and they need 20+ times of chiropractors. wtf?

Any ways thats a little insight, prob tons of errors, dont mind the english/grammar
__________________
-94 civic hatch
-01 civic coupe si Sold
-13 Frs
umpadupa is offline   Reply With Quote
This post thanked by:
Old 09-14-2015, 07:57 PM   #39
Need my Daily Fix of RS
 
Join Date: Jun 2002
Location: Abbotsford
Posts: 275
Thanked 49 Times in 36 Posts
Quote:
Originally Posted by underscore View Post

Or they'll give you such an insane quote that it's not realistic to insure with them. I recall seeing a story in the news a few years back about a kid from Alberta with a few accidents and a written off vehicle on his record. Because of all this the quote he got for insurance in Alberta was $100k a year. They didn't say what his car was but still, that's just absurd. It reminded me of the Top Gear episode where they tried to find the best car for a teenager and all the insurance quotes were several times the value of the car.

Found it, I remember this story too:

Insurance reform hikes driver's bill to $104,000

Kid had a Nissan 240. Moving to BC didn't work out too well, he slammed into the back of a semi-trailer at high speed less than a year later:

Kelowna football player dies in motorbike crash on eve of big game



In 3 years he managed:

-10 speeding tickets
-2 "minor" fender benders
-1 "rear ender" collision that wrote off his car
marksport is offline   Reply With Quote
This post thanked by:
Old 09-15-2015, 12:24 PM   #40
Rs has made me the woman i am today!
 
Join Date: Apr 2001
Posts: 4,353
Thanked 1,794 Times in 823 Posts
It really shouldn't come as a surprise that rates are going up. Think about all of the luxury vehicles in Metro Vancouver - body panels and special paint processes aren't cheap these days.

If you want cheaper insurance, you're better off buying beaters as daily drivers and getting 2 million liability coverage while forgoing optional coverages. For fun cars, spend the money and get something that qualifies for a collector plate.
Tapioca is offline   Reply With Quote
This post thanked by:
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 08:54 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net