REVscene Automotive Forum - Vehicle Replacement Indemnity Policy

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Euro7r

03-02-2013 03:22 PM

Vehicle Replacement Indemnity Policy

Has anyone bought this policy when buying ICBC insurance on their new vehicle? I paid for it, but I don't really think I need this. I have 30 days to cancel to get full refund. To me, it makes sense if the vehicle is say, $100,000, any thoughts? Thanks in advance.

Edison_Chen

03-02-2013 04:23 PM

Did you buy from private insurance company or from ICBC? I know for ICBC policy, the premium is pro-rated.. There isn't a full refund, if you cancel.
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