I know.. I'm from BC. But you make it sound easy by having a classic car and just pay cheap monthly premiums. It gives newcomers a wrong pictureThere is a lot more to getting collector plates than this...
I know.. I'm from BC. But you make it sound easy by having a classic car and just pay cheap monthly premiums. It gives newcomers a wrong pictureThere is a lot more to getting collector plates than this...
ICBC Basic coverage DOES include Third Party Liability:Basic coverage could be 1,000 or 1,500 but that does not include Third Party Liability, Collision, Comprehensive and Road side plus etc...That plus other factors can push your policy to $2,500 and above. I
It actually needs to meet, this:In order to qualify for collector license and insurance status, owners must have a vehicle registered in British Columbia with regular insurance.
Typically, the cost of insuring a collector vehicle in British Columbia is as low as $300 a year. The vehicle must be in good original condition, used for pleasure driving only and cannot be driven to work.
You're right that car insurance in BC can be pricey, especially for newcomers. The rates can vary a lot depending on your age, driving history, and the type of car you plan to drive, but for a new driver in BC, it's not uncommon to see premiums in the range of $2,000 to $3,000 per year or even higher.I'll be landing in Vancouver in a few weeks and although I don't intend to get a car for a while, I would like to at least prepare for it mentally ;-)
I know that insurance rates for newcomers are insanely high but can someone give me a rough figure? I know it will depend on the car and the driver but any info would be appreciated.
Also, are there any car insurance comparison websites for BC? Or is it a monopoly? I found a few comparison websites but they exclude BC.
And finally, are there any insurance companies that would consider my driving record (UK driving licence held for 20+ years, 10+ years of documented no claims discount - never had any claims, but 10+ is the maximum bracket)? From what I gathered the answer is no, but just wanted to double-check.
While BC's insurance system does have some complexities, knowing the history of a vehicle can help you make an informed decision when you do purchase one. You can check a car’s history through services like this https://www.faxvin.com/license-plate-lookup/georgia one, which is particularly useful if you're considering buying a used car. It’s important to gather all the information you can to ensure you’re getting the best deal possible.
Insurance rates for newcomers in British Columbia can be quite high, typically ranging from $1,500 to $3,000 per year. The exact amount will depend on factors like your driving history, the type of vehicle, and coverage options. In BC, insurance is primarily provided by ICBC, and while it isn’t a monopoly, options for comparison are limited. You can check websites like Ratehub.ca and Kanetix.ca for some comparisons of private insurers in the province. As for your UK driving record, ICBC generally does not consider foreign records or no claims discounts. However, some private insurers might take your experience into account, so it's worth asking when you get quotes.I'll be landing in Vancouver in a few weeks and although I don't intend to get a car for a while, I would like to at least prepare for it mentally ;-)
I know that insurance rates for newcomers are insanely high but can someone give me a rough figure? I know it will depend on the car and the driver but any info would be appreciated.
Also, are there any car insurance comparison websites for BC? Or is it a monopoly? I found a few comparison websites but they exclude BC.
And finally, are there any insurance companies that would consider my driving record (UK driving licence held for 20+ years, 10+ years of documented no claims discount - never had any claims, but 10+ is the maximum bracket)? From what I gathered the answer is no, but just wanted to double-check.
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Misinformation. ICBC does consider no claims discounts. Talk to an autoplan broker near you.Insurance rates for newcomers in British Columbia can be quite high, typically ranging from $1,500 to $3,000 per year. The exact amount will depend on factors like your driving history, the type of vehicle, and coverage options. In BC, insurance is primarily provided by ICBC, and while it isn’t a monopoly, options for comparison are limited. You can check websites like Ratehub.ca and Kanetix.ca for some comparisons of private insurers in the province. As for your UK driving record, ICBC generally does not consider foreign records or no claims discounts. However, some private insurers might take your experience into account, so it's worth asking when you get quotes.
In my experience, when I arrived in BC I had in hand a record of my driving history in the USA which ICBC considered immediately. Insurance costs also depend on your age. In my case I paid roughly $50 per month for full insurance including comp/collision for a restored classic car. So this idea of everyone new to BC having to pay $1500 or so per year is misplaced.Insurance rates for newcomers in British Columbia can be quite high, typically ranging from $1,500 to $3,000 per year. The exact amount will depend on factors like your driving history, the type of vehicle, and coverage options. In BC, insurance is primarily provided by ICBC, and while it isn’t a monopoly, options for comparison are limited. You can check websites like Ratehub.ca and Kanetix.ca for some comparisons of private insurers in the province. As for your UK driving record, ICBC generally does not consider foreign records or no claims discounts. However, some private insurers might take your experience into account, so it's worth asking when you get quotes.