[mr_chin]

So I have to repay 2 icbc claims to get my surcharge back to nearly 0%.

I'm wondering, do icbc charge interest on these claims? Would it matter if i pay now or later?

[donthaveoneyet]

you pay them before you renew your insurance. i don't think there are interests or anything. you just pay ICBC back the exact amount of money they paid out when you fixed your car and your insurance shouldn't be affected.

[Lude S]

you have one year to repay/buyback claims. but why are u even driving when u have to buy 2 claims back just to get your discount back to 0%?

[lilaznviper]

wow you must be a really bad driver to be in the surplus

[mr_chin]

you have one year to repay/buyback claims. but why are u even driving when u have to buy 2 claims back just to get your discount back to 0%?

My surcharge is at 400%. Trying to buy an 06 acura TL which at 400% my insurance will be $10,000. If i pay back these claims, which is a total of $3000, the insurance for the TL will be around 2900 - 3200.

wow you must be a really bad driver to be in the surplus

I admit I was when I was about 18 years old.

But these past claims that I got was totally BS.

Reversing out of a parking stall at brentwood mall (the one right by bmo where it's a T intersection). This old dude, approaches into the intersection as I was already half way out, totally ignoring the stop sign. I can see him looking to his left talking to this dude while still driving forward, and rear ends me. My car was fine, but he had a broken headlight.

ICBC concludes that that was my fault because I was reversing, but I was at a complete stop. Asked me if I had witness, I said no, and that was it. $1500 claim.

Another one was when I reversing in a gas pump station, this navigator or whatever these big ass truck is called was already hogging up 2/3 of the space. As I was reversing into the spot, he drives up and rear ends me. No damage whatsoever. ICBC concludes that that was also my fault, because I was reversing.

When I got into my spot to get gas that is when he bumped me from behind. All of this happened over the course of 2 months, bad bad luck.

Moral of my story, don't ever tell ICBC that you are in reverse while an accident happened. Whether you're at a complete stop or not, it's your fault. Honesty gets you nowhere.

[3seriesBeeM]

ICBC doesnt charge interest you just pay the whole amount back when you renew your insurance.
But OMG 10,000 for insurance my god that sucks

[GabAlmighty]

My friend got into an accident with his Z. His insurance would have been 14k a year if he hadn't switched it to one of his parents names

[cho]

My friend got into an accident with his Z. His insurance would have been 14k a year if he hadn't switched it to one of his parents names

whats his name so i can report for fraud.

[quasi]

whats his name so i can report for fraud.

Why bother, he'll get owned when he crashes again and his insurance is void.

[GabAlmighty]

whats his name so i can report for fraud.
Blow me