The make/model of car also still factors in, no? I suspect ICBC took the opportunity under the new system to update those rate classes as well. So for those who are seeing increases, it's possible your make/model of car may be now be under more expensive rate class than last year.

Once again, the demographic on these forums is not representative of the province as a whole.

Most forum members are below the average driving age in the province and the new system heavily weighs on driving experience.

I'd be very interested to hear how much RS members parents are saving and whether it corroborates the claims. Since they'd be the demographic who should be saving greatly. Dependant on their history,of course

I already said. My mother renewed, same car, address, driving etc. 40 years no accidents or claims, went down $10 for the year

Yes, i did read that.
Would like to hear from others as well

You can shop around here too, you only need to get basic through ICBC. Nobody does though, and then they complain about it.

^
I have plenty of times, they’re all pretty much shit or even more expensive than ICBC. Might get lucky though on certain cars.

Yeah I shopped for my BMW a few years ago and none of the private insurers were even close to ICBC. Must’ve got a half dozen different quotes and closest was still over $400/year more.

Private was slightly cheaper on my old Civic, but not by much.

If they're all worse than ICBC why do people think if we went full private they'd save any money? If what you guys experienced is the norm full private would have all our rates go up even more.

I find that those who cry the loudest (to have private auto insurance in BC) are usually people who have either come from another province with private insurance, or knows someone in another province with private insurance. Or maybe they are only working on the assumption that private insurance will make things cheaper.

IMO, there are 2 inherent "problems" in BC that makes our auto insurance more expensive than those in other provinces:

1) We have a lot of shxtty drivers in BC, more so than other provinces. That is to say, compared to other provinces, we have a higher percentage of shxtty drivers who are more prone to crashing.

2) Compared to other provinces, we have a higher percentage of more expensive vehicles that run around on the street -- think Richmond and UBC. FailFish And they are far more expensive to repair after a collision.

Until we can properly deal with these 2 problems, we are always going to have expensive auto insurance. FailFish

I think these stats need to be verified. BC is BIG. UBC and Richmond has nice cars, but I can name you 1000 towns in BC with the biggest pieces of shit rolling around. Take a drive up to 100mile house and beyond. There are always hot spots in each province/state with nice cars.

Lower Mainland alone is home to 2.8M, and the entire BC has a population of ~5M. So numbers that concentrate on LM will skew everything in BC.

Accident rates are also substantially higher in areas with high population densities.

Right, but Richmond and UBC as you suggested hardly makes up the "Lower Mainland".

Richmond only has like 200k and Van 600k.

Even if they all drove m4's that's only 800k ppl out of 5m. That's 800k people driving M4, including infants and 1-year-olds that can't walk.

I know what you're getting at, but those numbers are pure guesses.

so as per ICBC, they are insuring the driver and not the car. so going by this, if you have multiple cars, u get discount? as a driver can only driver one car at a time?

It really isn't just Richmond and UBC. As a personal observation / impression, I honestly think the percentage of more expensive cars are way higher in Metro Vancouver compared to, say, GTA, Montreal, Calgary, etc. And I am not just thinking supercars like Lamborghini, Ferrarris, MacLaren, etc. I'm really thinking way more BMWs, Mercedes, Audi compared to Toyota, Honda, Ford, Chevies, etc.

I would also say that in the Lower Mainland at least, cars generally seem newer than those in the GTA. That'd add to repair costs tool.

I think they hear about the one guy who gets a great rate (but probably has garbage coverage) and haven't heard all the horror stories. I mean they're free to get it here for most of their coverage but don't even check.

I'm curious how the provinces compare for identical coverage. From an actual study and not the terribly fudged numbers IBC put out that everyone quotes and is all I can find. BC is also apparently the only province with a fund for hit and runs, everywhere else you're SOL. BC is probably also the only place that had the gov't swipe $1B from it 5 years ago.

The lower mainland sure seems to. My parents hadn't had a claim in ages but 4 years in Coquitlam and my dads car has been rearended twice, hit and run once, and had the window smashed once.

I might be someone on RS's dad. I saved $50 on my renewal. Getting old sucks man.

Berz out.

Hey can someone help me find the answer? Icbc’s website isn’t being clear.

- I am the owner and principal operator of my vehicle
- when I renew my insurance, I will add my wife on as an occasional driver as sometimes she does drive my car

That part is clear. But how about friends?

- my wife and I live alone, no other family in the house
- say my friend is the DD and is going to drive me home from a party in my car. Do they NEED to be on my secondary drivers list.
- icbc used to have a ‘occasional driver’ clause where if someone drove your vehicle less than 12 times a year, they did not have to be listed on your coverage
- is this the same under the new rules after September 2019? I can’t find the information

Edit: think I found it. As long as you buy the “unlisted driver protection” for $50 a year, occasional drivers may drive your vehicle who are not listed for up to 12 days a year

Here is the info you are looking for:

https://www.icbc.com/insurance/produ...rotection.aspx

Listing drivers is only necessary if they drive more than 12x per year.

i was told anyone who's not living with you can be covered under UDP

can you add more than 1 secondary driver? does it become 50 25 25?

what if you have 4 teenage kids/grown-ass manlets?

cheap rates but limited coverage
expensive rates but fair coverage

as someone with clean record i'll take the former

regardless, it's about having OPTIONS

when has a monopoly treated the end user's pocket fairly?

already said it in the other thread, new cars/rising part costs are not only applicable to Vancouver/BC, so that's just a sad excuse

I renewed my policy for a year. Full discount, no claims 15+ years, from 2017 to 2019 my rate went up $550

Wtf ouch!

Yes my girlfriend's dad added: Wife, Daughter 1 (my gf), Daughter 2

Rates went up really fucking high.

They take 75% of Primary Driver's DF + 25% of Highest DF of Secondary Driver. In this case it was 75% of Dad's DF + 25% of Daughter 2's DF (which is 1.xxx).
All new drivers or learners start at 1.173, as referenced in my previous posts with the full report on how everything is calculated.


Found my previous post, linked below.