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Old 12-29-2018, 01:27 PM   #240
Jmac
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Location: Duncan, BC
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Quote:
Originally Posted by quasi View Post
I got my latest renewal, I thought they said prices wern't going up until April?

2018 Colorado Z71 last year $2,096.00

This year $2,298.00

Went up about 9% for me, insurance due Jan 24th.


I got a quote from BCAA on optional insurance

ICBC
Third Party 2m $271
Collision $497
Comprehensive $251
Roadstar $ 20 (Use this for insurance for rental cars)
$1,031

BCAA
Third Part 1.8m $149
Collision $506
Comprehensive $491
Roadstar (BCAA) $ 20 (Use this for insurance for rental cars)
$1,161

I haven't had any accidents in 20 years and no tickets for 10, I guess I'll be sticking with ICBC for now.
Mine went up about 9% as well (renewed in October).

I dug into it a bit and BCUC approved a 6.4% hike for basic and 9.6% for optional starting April 2018.

ICBC applied for another 6.3% hike for basic to start April 2019, I'd imagine it will likely be approved by BCUC.

And the big changes to ICBC's rate structure, payouts, etc. will start September 2019 (news articles say April 2019, but ICBC's website says September 2019).
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