All motorists in B.C. must carry basic automobile insurance. For BC residents, it is provided through ICBC's Basic Autoplan.
Generally, Basic Autoplan provides coverage to protect you as a person in five different ways:
- Third Party Liability
- Accident Benefits
- Underinsured Motorist Protection
- Protection Against Hit-and-Run and Uninsured Motorists
- Inverse Liability Coverage
Many things affect your Autoplan premiums:
- What you use your vehicle for: business, driving to work or school, pleasure, etc.
- Where you live - If you drive where there's heavy traffic, you have a higher chance of being involved in a crash, so your insurance costs more. That said, who knows exactly where they'll be driving every day? So for non-commercial vehicles, your territory is decided by where you park your vehicle when it's not in use.
- Your claim record - If you have a long record of claim-free driving, you save money
- The vehicle you drive - Cars that are expensive to repair, cars that tend to be involved in crashes, cars that are stolen more often than others: all cost more to insure when you buy optional insurance.
- Additional coverage - What type and how much optional coverage you choose to buy will obviously affect your premiums.
We are able to provide optional coverage with both ICBC and private insurers.
AUTOMOBILE INSURANCE
Any and all representations about Autoplan products, vehicle licensing, registration and permit issuance in this publication are those of Archibald Clarke & Defieux Insurance and not of the Insurance Corporation of British Columbia.
