9,075
edits
Difference between revisions of "Vehicle Registration and Insurance"
Jump to navigation
Jump to search
Vehicle Registration and Insurance (view source)
Revision as of 01:36, 7 December 2013
, 01:36, 7 December 2013→Vehicle Insurance
Drew Jackson (talk | contribs) |
Drew Jackson (talk | contribs) |
||
| Line 8: | Line 8: | ||
When you drive a vehicle in BC, you must buy Basic Autoplan insurance from ICBC. Basic Autoplan covers you if you are in a traffic accident: | When you drive a vehicle in BC, you must buy Basic Autoplan insurance from ICBC. Basic Autoplan covers you if you are in a traffic accident: | ||
*When you are in an accident, Basic Autoplan can pay you some money if you cannot work. ICBC can also pay up to $150,000 for medical <span class="noglossary">costs</span> for each injured person. | *When you are in an accident, Basic Autoplan can pay you some money if you cannot work. ICBC can also pay up to $150,000 for medical <span class="noglossary">costs</span> for each injured person. | ||
*When you are at fault and another driver makes a claim against you, Basic Autoplan can pay them up to $200,000. | *When you are at fault and another driver makes a <span class="noglossary">claim</span> against you, Basic Autoplan can pay them up to $200,000. | ||
*When another driver is at fault and does not have enough insurance, Basic Autoplan can pay you up to $1 million. | *When another driver is at fault and does not have enough insurance, Basic Autoplan can pay you up to $1 million. | ||
*If the accident is a “hit-and-run” (the driver who caused the accident leaves and nobody knows who caused the accident), Basic Autoplan can pay up to $200,000. Anyone who is hurt in the hit- and-run can make a <span class="noglossary">claim</span>, not just the person who has the insurance. | *If the accident is a “hit-and-run” (the driver who caused the accident leaves and nobody knows who caused the accident), Basic Autoplan can pay up to $200,000. Anyone who is hurt in the hit- and-run can make a <span class="noglossary">claim</span>, not just the person who has the insurance. | ||
| Line 18: | Line 18: | ||
You can also buy extra insurance in case you damage your own car, or if another person damages your parked car or breaks into it. | You can also buy extra insurance in case you damage your own car, or if another person damages your parked car or breaks into it. | ||
To decide what extra insurance to buy, think about the price of your car, and how much of your own money you could afford to pay for costs. | To decide what extra insurance to buy, think about the price of your car, and how much of your own money you could afford to pay for <span class="no glossary">costs</span>. | ||
===Cost of insurance=== | ===Cost of insurance=== | ||