Quote:
Originally Posted by hud 91gt
I’m betting ICBCs largest expenses are not due to vehicle damage, rather the medical payouts, loss of work and other claims which have nothing to do with modified vehicles. A bent wheel from a pothole is minimal. The one thing these new rules will do is certainly negate those claims from ever being claimed in the first place as your costs will now go through the roof. So much for insurance. Really I’m just paying so the idiot next to me still gets a payout when they screw up.
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According to ICBC’s documents, the average payout for a minor injury (eg whiplash) was approximately $30k in 2016 and approximately $50k for a major injury (eg broken bones).
Most people aren’t driving $30k+ cars and a single-vehicle crash could result in multiple injuries.