Jermyzy
07-12-2011, 12:26 PM
B.C. motorists could get hit with higher vehicle insurance rates next year - Yahoo! News (http://ca.news.yahoo.com/b-c-motorists-could-hit-higher-vehicle-insurance-200812305.html;_ylt=AtKZsF7yNJxB7l2cXxi2kh8XssB_;_ ylu=X3oDMTM3aTRtZmJ0BHBrZwNkN2QyMTljOS02MmY2LTNkOD YtYjExMS1mN2Y0OTJhYjI2MWEEcG9zAzMEc2VjA1RvcFN0b3J5 IEZQBHZlcgMxZDM5YzNjMC1hY2MzLTExZTAtOWZlZC1jM2Q4MD Y3Mzg3YmE-;_ylg=X3oDMTFpaWd1MzUyBGludGwDY2EEbGFuZwNlbi1jYQRw c3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3)
".....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.
..."
".....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.
..."