Quote:
Originally Posted by BIC_BAWS
My insurance renewal papers came in. It says surcharge on the left column and "your cost" on the right column, but I'm at -5?
How can it be a surcharge? Is this a printing error?
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I wouldn't worry about it -- essentially, I think vyrospec is spot on. ICBC is preparing to switch over to the new model where surcharge is the name of the game for bad drivers. Unfortunately, we are still using the CRS right now, and the "surcharge" title just absolutely confuses the heck out of people.
A family member is recently due for insurance renewal as well, and the same question as asked about this "surcharge". Took me a while before I clued in on what it was supposed to mean. Compared to the previous year's insurance premiums, the family member's charges were only slightly more expensive than the year before, so it was totally inline with the slight hike that ICBC said it was going to do.
But damn... $3200/yr for insurance... For that amount, I think I can insure a new-ish Porsche instead of my pos Japanese econobox...