Quote:
Originally Posted by Traum
A friend has suggested that with a "modified" status on the car, there is a chance that ICBC will not allow it to be insured for work/school purposes, much like how a collector plated vehicle cannot be used for driving to work.
With 68style's car, since his is a "modified collector", the "collector" status already renders it non-insurable for work/school purposes. Would have to find out about this for "modified".
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This is likely not true, because you actually can get a collector plate on your car and drive it for work or school and have it be your only car............. you just don't get the discounted rate.
From ICBC:
Reduced collector vehicle insurance premiums
Your collector vehicle may qualify for reduced collector insurance premium if you:
Own or lease another non-collector vehicle registered and licensed in your name, or
Have a company-assigned vehicle used for general transportation and insured under one of the applicable rate classes (see For Insurance Purposes in the Application for Collector Vehicle Status).
If the only vehicle you have is your collector vehicle, it may still qualify for collector plates. However, it won't qualify for reduced collector vehicle insurance premium.