Author Topic: Mystery of Auto Insurance: ICBC  (Read 2761 times)

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slurpeemania

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Mystery of Auto Insurance: ICBC
« on: Jun 17, 11, 12:07 »
I had an at-fault crash 3.5 years ago. I lost my 97 gti vr6 and ICBC determined it to be a writeoff. Back then I was young and careless and took the money and bought a 86 GTI and paid the insurance + surcharge. After 2 years of driving after my accident I had to move to Ontario for Co-op at RIM{I didn't drive for a whole year}. I just came back in Victoria in January and have been wondering about my auto insurance rate as I have started looking into buying a car.

Today I called up ICBC to find out how many more months of the insurnace surcharge I have to pay for. He says my discount came back to 0%. It was a surprise. If my understanding is correct, as long as a driver has no at-fault accident for 3 years whether he or she is consectively driving for 3 years, the insurance goes back to the same level as before the accident.

But I am not quite convinced because there's an example listed in ICBC's brochure which contradicts with what I was told from ICBC.

(Losing your discount: http://www.icbc.com/autoplan-insurance/autoplan-insurance.pdf)

"Examples: If you have a 40 per cent discount and
have an at-fault crash, the next year you will receive a
15 per cent discount. If you are in a discount position,
you will return to your prior position on the claimrated scale after three consecutive years of claim-free
driving. If you are at the 10 per cent discount level
and have an at-fault crash, the following year you will
pay a 40 per cent surcharge."


Let me summarize my driving record.
Accident occurred in December 2007
Paid auto insurance and surcharge from January 2008 to December 2009 (2 years)

The ICBC customer service says my discount is now at 0% normal.

The ICBC brochure states I have to have 3 years of consecutive accident free driving record after the accident. That means I have to suffer from paying the surcharge one more year to go back to 0% discount.


Has anyone encountered this problem ?

jesse

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Re: Mystery of Auto Insurance: ICBC
« Reply #1 on: Jun 17, 11, 12:29 »
That year you spent out of province counted as the 3rd. You dont need to have anything insured or even be driving for it to go down.

slurpeemania

  • Posts: 68
Re: Mystery of Auto Insurance: ICBC
« Reply #2 on: Jun 17, 11, 12:51 »
Thanks Jesse. I still find that weird. Whoever has an at-fault accident avoids driving for 3 years after the accident doesn't have to pay the surcharge at all.

03_MK4

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Re: Mystery of Auto Insurance: ICBC
« Reply #3 on: Jun 17, 11, 12:57 »
I would dig deeper. I was directly told that not insuring a vehicle during my surcharge time wouldn't count as "time served", i had to endure 36 months of paying for insurance with the surcharge. I would hate for them to stick you with this in the future.
Na-na-na-boo-boo stick your head in doo-doo.

mk2_VR

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Re: Mystery of Auto Insurance: ICBC
« Reply #4 on: Jun 17, 11, 13:03 »
I would dig deeper. I was directly told that not insuring a vehicle during my surcharge time wouldn't count as "time served", i had to endure 36 months of paying for insurance with the surcharge. I would hate for them to stick you with this in the future.

Whoever told you this lied. I had an at fault accident when I was 18. Didn't insure anything until my surcharge period was up. Went back to my discount when I insured my car

5P4RK4

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Re: Mystery of Auto Insurance: ICBC
« Reply #5 on: Jun 17, 11, 13:05 »
time ticks as long as you have a valid BC drivers license.

Dude, go find another forum. This thread proves how f---ing horrible this place is.
Regards.

slurpeemania

  • Posts: 68
Re: Mystery of Auto Insurance: ICBC
« Reply #6 on: Jun 17, 11, 13:10 »
03_MK4, I called up ICBC... The customer service guy was able to view my record. He knew when my accident was and the last time I insured and such information. By reading their brochure I totally agree with you, whoever has an accident record has to deal with the surcharge for 36 months.

mk2_VR, I don't think anyone knows really well about ICBC and their system except the people who work for them.

5P4RK4, This seems to be right.

So I guess the answer to this question is my discount is at 0%.

03_MK4

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Re: Mystery of Auto Insurance: ICBC
« Reply #7 on: Jun 17, 11, 13:17 »
03_MK4, I called up ICBC... The customer service guy was able to view my record. He knew when my accident was and the last time I insured and such information. By reading their brochure I totally agree with you, whoever has an accident record has to deal with the surcharge for 36 months.

mk2_VR, I don't think anyone knows really well about ICBC and their system except the people who work for them.

5P4RK4, This seems to be right.

So I guess the answer to this question is my discount is at 0%.

It was the lady at the insurance place that told me this. SO non the less, take it and run and document you got verification from ICBC and FUCK THEM later if they bring it up.

After my 36 months, they tried to tell me I still had a 30% surcharge, I was like umm no I have 5% discount now, and she had to call ICBC and get it verified, so If i didn't know I would have paid the surcharge for a whoooooole extra year.
Na-na-na-boo-boo stick your head in doo-doo.

jesse

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Re: Mystery of Auto Insurance: ICBC
« Reply #8 on: Jun 17, 11, 13:36 »
time ticks as long as you have a valid BC drivers license.

Exactly. Iam sure they would just as much prefer to have an at risk driver off the road for 3 years because they cant afford to pay surcharge as they would have that driver paying a surcharge for 3 years.
If time was only served with valid insurance i think ALOT of people would be insured illegally or not at all.

03_MK4

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Re: Mystery of Auto Insurance: ICBC
« Reply #9 on: Jun 17, 11, 14:53 »
Exactly. Iam sure they would just as much prefer to have an at risk driver off the road for 3 years because they cant afford to pay surcharge as they would have that driver paying a surcharge for 3 years.
If time was only served with valid insurance i think ALOT of people would be insured illegally or not at all.

LOL if you think ICBC cares more about saftey than MONEY.
Na-na-na-boo-boo stick your head in doo-doo.

vw_calvin

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Re: Mystery of Auto Insurance: ICBC
« Reply #10 on: Jun 17, 11, 17:43 »
LOL if you think ICBC cares more about saftey than MONEY.

^^^ lol. Is it the case of 3 years always? I was in a bumper accident in October, my car was written off, there's was fine, other than maybe a rear bumper,
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jesse

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Re: Mystery of Auto Insurance: ICBC
« Reply #11 on: Jun 17, 11, 17:47 »
No I do not believe that at all. Re-read that and think about it this time.

It potentially costs them more if someone who is not insured causes a claim than the amount they lose not having that person insured for 3 fewer years. Icbc is in the business to look after their interests, not ours.

islandguy

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Re: Mystery of Auto Insurance: ICBC
« Reply #12 on: Jun 17, 11, 18:48 »
lets just make this clear ICBC is nothing but a bunch of crooked government run bullshit. If my car was in Alberta and a tree fell on it they would pay me for the accelerated deprecation on my car.
You know i be keeping your wife happy :D Cause i be cleaning them pipes!

 I am a Plumber after all.

florahy

  • Posts: 1
Re: Mystery of Auto Insurance: ICBC
« Reply #13 on: Nov 21, 17, 12:15 »
It is weird too. I ask an ICBC agent about "three consecutive years" issue too. She said the "3 years" start from the time the claim is settled, not the time of the accident. But this is not what is stated on print. I asked a different agent and got the same answer. It means that if the claim is open for 2 years, then the "3-year" timer doesn't kick in. If you are in the high surcharge level, then it will take for years to get back down.

I am not sure what to believe now. I know I am careless but I am trying to avoid accidents now. My last accident was a rear-end; it was just a fender bender. But I found out that the body harm claim was like $30k+ and just recently closed, 2 years after the accident. Geez, people can really fake it.

germanstyle

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Re: Mystery of Auto Insurance: ICBC
« Reply #14 on: Nov 21, 17, 12:47 »
Wow, bringing back a thread from 2011, that must have taken some real digging
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Gerg

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Re: Mystery of Auto Insurance: ICBC
« Reply #15 on: Nov 21, 17, 16:23 »
First post too.
'92 GTI VRT - '93.5 Corrado VR6  - '04 R32 - '01 GTI 24V