| Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n |
 | 
06-02-2009, 11:40 AM
|
#1 | | Wunder? Wonder?? Wander???
Join Date: Aug 2005 Location: Vancity
Posts: 235
Thanked 10 Times in 6 Posts
Failed 0 Times in 0 Posts
| What is the amount of your 3rd Party Liability Insurance?
Hey guys,
What do you guys have for your 3rd party liability insurance?
Is it the Basic $200,000 or did you up it to $500k or 1 million or 2 million?
If you didnt stick with the basic, why not? Is there specific reason as to why you think that basic might not be enough? obvious answers not withstanding (read: coz it covers more, etc)
Appreciate any comments, thanks! 
p.s: I've searched and didnt find this topic asked abt much, mostly it was "how much is your insurance" thing.
| 
|  | |
06-02-2009, 12:41 PM
|
#2 | | Banned By Establishment
Join Date: Feb 2008 Location: https://t.me/pu
Posts: 453
Thanked 201 Times in 33 Posts
Failed 4 Times in 4 Posts
|
Buy at least 1 million or 2 million. The differences arent alot but in 200k$ is definately too little.
| |
| | |
06-02-2009, 04:51 PM
|
#3 | | I contribute to threads in the offtopic forum
Join Date: Oct 2008 Location: Van604
Posts: 2,923
Thanked 2,280 Times in 631 Posts
Failed 98 Times in 40 Posts
|
i got 1million.. thought it was just standard.. ya.. 200K cant realli do much if you actually got in shit...
| |
| | |
06-02-2009, 06:08 PM
|
#4 | | Need to Seek Professional Help
Join Date: Jun 2006 Location: 604
Posts: 1,049
Thanked 160 Times in 80 Posts
Failed 84 Times in 14 Posts
| Quote: |
If you didnt stick with the basic, why not? Is there specific reason as to why you think that basic might not be enough? obvious answers not withstanding (read: coz it covers more, etc)
| I'd hit you with an image macro, but it really is a case of Obvious answer is obvious! 
Hit someone in an accident.
Someone happens to be a young doctor who, as a result of the accident, no longer has the ability to Practice and indeed requires constant care.
An insurance claim in this case will easily exceed $200k. You will probably want the extra third party liability in this case.
| |
| | |
06-02-2009, 06:10 PM
|
#5 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 6,044
Thanked 315 Times in 149 Posts
Failed 53 Times in 33 Posts
|
i normally get $2million. for the most part, auto insurance people tell me it's the norm, either 1 or 2 million.. you can go further as well i think.
__________________ 1996 Honda Accord 1995 Nissan 240sx 2004 Infiniti G35 2005 Honda Jazz BuySell Feedback Quote: |
"It's called Sex Panther by Odeon. It's illegal in nine countries... Yep, it's made with bits of real panther, so you know it's good ... They've done studies, you know. 60% of the time it works, every time. "
| | |
| | |
06-02-2009, 06:16 PM
|
#6 | | Banned (ABWS)
Join Date: Nov 2008 Location: Surrey
Posts: 849
Thanked 24 Times in 13 Posts
Failed 0 Times in 0 Posts
|
i have that roadside plus dealy, i have 2million 3rd party.
| |
| | |
06-02-2009, 07:51 PM
|
#7 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2008 Location: Rmd
Posts: 924
Thanked 435 Times in 194 Posts
Failed 16 Times in 13 Posts
|
5 million.
But then, I drive a lot for business..
| |
| | |
06-02-2009, 08:36 PM
|
#8 | | Wunder? Wonder?? Wander???
Join Date: Aug 2005 Location: Vancity
Posts: 235
Thanked 10 Times in 6 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by Blinky  I'd hit you with an image macro, but it really is a case of Obvious answer is obvious!
Hit someone in an accident.
Someone happens to be a young doctor who, as a result of the accident, no longer has the ability to Practice and indeed requires constant care.
An insurance claim in this case will easily exceed $200k. You will probably want the extra third party liability in this case. | lol, yea the obvious answer is the obvious, but i had to ask if there was any other answers other than the obvious, if i didnt state it, I'd get pwnd hahah
Those of you at 1 mil coverage, what was the reason you didnt go for 2 mil? didnt want to pay the extra charge? I ask because I normally go 1 mil but I'm trying to find reason or justification to go up 2 mil (max)
Thanks for all the comments guys!
| |
| | |
06-02-2009, 09:41 PM
|
#9 | | I'm invisible
Join Date: Jun 2002 Location: 604 Vancouver
Posts: 4,458
Thanked 178 Times in 101 Posts
Failed 6 Times in 4 Posts
|
I have 3 million TPL on my vehicle..
The basic required minimum in BC is $200,000, and then its up to $500,000, then 1 million, 2 million, 3 million and then 5 million.
For those who have 43% discount, its usually around $50-80 more from 1-2 million. About $30-50 from 2-3 million.
__________________
REVscene.net
| |
| | |
06-02-2009, 11:13 PM
|
#10 | | I *heart* Revscene.net very Muchie
Join Date: May 2001 Location: Vancouver
Posts: 3,922
Thanked 304 Times in 155 Posts
Failed 116 Times in 29 Posts
|
Two million. I'm thinking of going up to 3 at renewal time.
| |
| | |
06-02-2009, 11:33 PM
|
#11 | | MOD
Join Date: Oct 2002 Location: VANCOUVER
Posts: 26,849
Thanked 7,553 Times in 1,957 Posts
Failed 153 Times in 85 Posts
|
5 million
| |
| | |
06-02-2009, 11:45 PM
|
#12 | | They let me be a moderator. LOL
Join Date: Oct 2004 Location: Vancouver
Posts: 9,219
Thanked 3,670 Times in 867 Posts
Failed 1,062 Times in 190 Posts
|
Unless you plan to run over some kids, I think it's pointless to get anything over 1 Mil.
I don't think I've heard of any stories where any driver with common sense would need more than 1 or 2 million.
A lightpole costs $40,000
A life costs about $250k (random guess)
So technically, with 1 million, you can take out 3.84 cyclists and a pole
The pole is there to make sure they stay down.
| |
| | |
06-02-2009, 11:49 PM
|
#13 | | sneaky beaky like
Join Date: Apr 2008 Location: vancouver
Posts: 2,262
Thanked 4,512 Times in 638 Posts
Failed 1,062 Times in 165 Posts
|
5 mil
| |
| | |
06-03-2009, 01:17 AM
|
#14 | | Rs has made me the woman i am today!
Join Date: Jan 2002 Location: ?
Posts: 4,331
Thanked 894 Times in 157 Posts
Failed 210 Times in 24 Posts
|
5 million...never know what can happen!
| |
| | |
06-03-2009, 01:20 AM
|
#15 | | Banned (ABWS)
Join Date: Oct 2006 Location: MacLeod
Posts: 7,298
Thanked 542 Times in 289 Posts
Failed 1,639 Times in 418 Posts
|
with a bugatti dealership coming to town, i'd have at least 1 mill
| |
| | |
06-03-2009, 01:34 AM
|
#16 | | My name is Michael. J. Caboose, and I hate BABIES!
Join Date: Jan 2005 Location: MoI
Posts: 6,576
Thanked 1,421 Times in 678 Posts
Failed 71 Times in 51 Posts
|
I'll be getting 3mil. My brother has 2mil currently.
__________________
"Can you match my resolve? If so then you will succeed. I believe that the human spirit is indomitable. If you endeavour to achieve, it will happen given enough resolve." -- Monty Oum Quote:
Originally Posted by STATUS105 IF I FIND YOU
I WILL EAT YOUR RICE! | | |
| | |
06-03-2009, 08:08 AM
|
#17 | | I *heart* Revscene.net very Muchie
Join Date: May 2001 Location: Vancouver
Posts: 3,922
Thanked 304 Times in 155 Posts
Failed 116 Times in 29 Posts
| Quote:
Originally Posted by SpuGen Unless you plan to run over some kids, I think it's pointless to get anything over 1 Mil.
I don't think I've heard of any stories where any driver with common sense would need more than 1 or 2 million.
A lightpole costs $40,000
A life costs about $250k (random guess)
So technically, with 1 million, you can take out 3.84 cyclists and a pole
The pole is there to make sure they stay down. | Common sense? It's an accident. Not an on purpose. An unforeseeable event.
Liability is not established based on your common sense, driving ability or even your intent or personal wrongdoing.
Suppose your accident occurs because your tire blows out. You check your tires daily but still it happens. You did nothing wrong. Guess what? Liability is assigned to you. Now suppose you have 4 people in a car and you hit that light pole. Oops, over a million. And clearly you're hoping they die so it's quick and easy and doesn't have a chance to escalate further. What if due to your loss of control you unwillingly swerve into another car? Oops, going up again.
My driving record indicates that I'm a good driver. My common sense tells me that I cannot control every variable.
| |
| | |
06-03-2009, 09:02 AM
|
#18 | | They let me be a moderator. LOL
Join Date: Oct 2004 Location: Vancouver
Posts: 9,219
Thanked 3,670 Times in 867 Posts
Failed 1,062 Times in 190 Posts
|
Actually, I did have an accident where my tire blew out in my Civic.
Rear Driver side tire blew out during rush hour on Marine Just before Blenhiem. You could argue "how fast was he going to blow out a tire" but in actuality I was only going about 75 (I think limit is 60 there?) So Yes I was speeding a little.
The sidewall blew up and ate shit while I was going around the bend, and I was Tokyo Drifting into oncomming traffic. With the wet morning weather, I went into a spin and tapped a light pole on the corner (durr. thats how I know the cost) and almost took out some guys mailbox too. I hit the pole, and slowly rolled back out into traffic, and found that the rear drivers side tire came off the rim. I have the video of the aftermath somewhere.
If I were an idiot, I would've tried to keep the slide under control and hit some kids walking to school. But because I had the common sense to stop in the quickest way possible, I aimed for the curb to stop me. One car ownage or send some kids in the air/ hit other cars? Unfortunately for me, there was no curb at that intersection and I aimed for the pole. I wanted to stop before hitting it, but what can you do.
The tire that flew off the rim almost hit some people, but I doubt a flying tire would cause that much damage. It slowly rolled away in shame.
| |
| | |
06-03-2009, 09:32 AM
|
#19 | | Media Officer / MOD
Join Date: Apr 2001 Location: vancouver
Posts: 28,077
Thanked 5,752 Times in 1,725 Posts
Failed 85 Times in 63 Posts
| Quote:
Originally Posted by SpuGen Unless you plan to run over some kids, I think it's pointless to get anything over 1 Mil.
I don't think I've heard of any stories where any driver with common sense would need more than 1 or 2 million.
A lightpole costs $40,000
A life costs about $250k (random guess)
So technically, with 1 million, you can take out 3.84 cyclists and a pole
The pole is there to make sure they stay down. | I'll keep this in mind next time I spin out
| |
| | |
06-03-2009, 12:27 PM
|
#20 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
Thanked 120 Times in 63 Posts
Failed 24 Times in 10 Posts
| Quote:
Originally Posted by SpuGen Unless you plan to run over some kids, I think it's pointless to get anything over 1 Mil.
I don't think I've heard of any stories where any driver with common sense would need more than 1 or 2 million.
A lightpole costs $40,000
A life costs about $250k (random guess)
So technically, with 1 million, you can take out 3.84 cyclists and a pole
The pole is there to make sure they stay down. | subjective? it would all depend on the lawsuit, if that was happen, I think your case would be the "best or dumbest family" senario. If they sue, wouldn't ICBC be the one taking them on, "on your behalf" so plus the other damages, it can get above say 1million.
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
| | |
06-03-2009, 12:28 PM
|
#21 | | I contribute to threads in the offtopic forum
Join Date: Oct 2008 Location: Van604
Posts: 2,923
Thanked 2,280 Times in 631 Posts
Failed 98 Times in 40 Posts
|
a light pole is 40 000 holy fuck...
| |
| | |
06-03-2009, 02:11 PM
|
#22 | | They let me be a moderator. LOL
Join Date: Oct 2004 Location: Vancouver
Posts: 9,219
Thanked 3,670 Times in 867 Posts
Failed 1,062 Times in 190 Posts
| Quote:
Originally Posted by Gt-R R34 subjective? it would all depend on the lawsuit, if that was happen, I think your case would be the "best or dumbest family" senario. If they sue, wouldn't ICBC be the one taking them on, "on your behalf" so plus the other damages, it can get above say 1million. | Then your best bet is to wipe out a family of cyclists.
| |
| | |
06-03-2009, 11:43 PM
|
#23 | | straight from the fields of squamton
Join Date: Jul 2003 Location: Grande Prairie
Posts: 11,286
Thanked 576 Times in 201 Posts
Failed 305 Times in 63 Posts
|
2 mil on any normal vehicle. I put 200k on my samurai, but it spent it's life offroad and ICBC doesn't cover shit offroad, so I paid $65/month for insurance so I could get to the trails.
I also want to wipe out a family of cyclists.
__________________
2013 Mazdaspeed 3
| |
| | |
06-04-2009, 12:54 AM
|
#24 | | I answer every Emotion with an emoticon
Join Date: Sep 2002
Posts: 7,655
Thanked 443 Times in 188 Posts
Failed 83 Times in 34 Posts
|
2 milly
__________________ Quote:
Originally Posted by MajinHurricane who would ban me? lol. Look at my post count. | | |
| | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 11:26 PM.
|
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!
