Quote:
Originally Posted by VRYALT3R3D
-What I want to know is if it is possible to have the car registered in BC but stored in Ontario? Does ICBC allow this? Basically the car will be restored in Ontario but I want to make sure it is insured in case anything happens.
Thanks!
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I'll try to answer this as best as possible and based on my understanding of what you are trying to do with the information you've provided.
If you want to register the vehicle with ICBC and have ICBC insure it for fire and theft, you'd need to ship the car over to BC first, go through the vehicle inspection process, get it insured for fire/theft (storage insurance, I suppose) and then ship it back to Ontario. Does this make sense financially and for your time? Probably not.
What you can do instead of purchase the car as a BC resident and register the vehicle through Service Ontario and find an insurer who will insure it for you for fire/theft for your storage address in Ontario.
This part might be tricky because you would need to obviously sign some papers with Service Ontario. Given COVID-19, that might get tricky so depending on how you want to sort this out. You may either need to fly in to do the sale in person or call Service Ontario as to what your options are. Worst case is you may need a lawyer to represent you to plow through the process.
In regards to insuring the vehicle this route, I recommend you call around to ask insurance providers if they will insure the vehicle for you (I can't see why not.) I'll just throw some names out but Intact, Aviva, TD Insurance, Sonnet Insurance, The Co-Operators, and Onlia are popular, but this is just to name a few. Keep your options open as there are hundreds of insurance providers to choose from. Personally, I use Intact Insurance and have shopped around before. I like them for their customer service and use BrokerLink as my agent. They've been good to me, but Intact is not always the cheapest.
You may want to post what car this is for. Depending on the age/rarity, Hagerty or Chubb Insurance may insure you and their rates can be pretty good (Chubb is premium but you get premium service and no nonsense whatsoever.) I've heard bait-and-switch with TD but I've never veered from Intact. Any how, I hope this helps. Good luck!