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is350 · 10-31-2019, 06:21 PM

About to renew my insurance in Nov, I thought my rate increase is absurd, can you guys help me check if the increase is normal?

Using the estimate tool on ICBC website, I got a whopping $3124 without the annual license fee. $1400 for basic and $1724 for optional insurance.

I have

-collision with $500 deduct

-comprehensive with $300 deduct and $200 windshield deduct

-3rd party liability at 2mil

-Underinsured motor protection at 2mil

My insurance was $2380 last yr without the annual license fee.

That's more than 30% increase.. wtf?

9 years driving experience with no fault accident, not even any accident.

Driver factor at 0.628

I'm the only listed driver on the insurance, and I drive to work more than 15km each way

If it is not right, should I call a broker or ICBC and how can I get them to check?

Thanks guys!

10-31-2019, 06:21 PM	#537
is350 Where's my RS Christmas Lobster?! Join Date: Nov 2012 Location: Vancouver Posts: 897 Thanked 1,225 Times in 257 Posts Failed 326 Times in 95 Posts	About to renew my insurance in Nov, I thought my rate increase is absurd, can you guys help me check if the increase is normal? Using the estimate tool on ICBC website, I got a whopping $3124 without the annual license fee. $1400 for basic and $1724 for optional insurance. I have -collision with $500 deduct -comprehensive with $300 deduct and $200 windshield deduct -3rd party liability at 2mil -Underinsured motor protection at 2mil My insurance was $2380 last yr without the annual license fee. That's more than 30% increase.. wtf? 9 years driving experience with no fault accident, not even any accident. Driver factor at 0.628 I'm the only listed driver on the insurance, and I drive to work more than 15km each way If it is not right, should I call a broker or ICBC and how can I get them to check? Thanks guys! Last edited by is350; 11-02-2022 at 08:13 PM.