Quote:
Originally Posted by twitchyzero
dafuq, new drivers pay a 17% premium on full rate?
fuck icbc
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Before saying "fuck ICBC", I'd caution that the relevant question to ask is -- how big of a premium over "full rate" do new drivers pay under private insurance? If it is still 17%, then ICBC is only doing what everyone else in the private sector is doing. If private insurance makes new drivers pay more than 17% premium, then ICBC is doing better. Private insurance asking for less than 17%, then ICBC is doing worse.