you said: 43% discount, doesn't show your real discount levels.
A discount level -9~ -20 all with 43% discount.
i give you an example, for my wife got 43% discount, and her discount level is -16. And she in a accident with 75% fault. ICBC +2 discount level, that make her raise discount level to -14. It still 43%. NOTHING CHANGE. she need 4 yrs to earn back to -16, but who care.
if your discount level is +0~ +10, a accident with 100% fault can move up 6 level.
if your discount level is -15 ~ -20, a accident with 100% fault move up 3 level.....
you can ask the icbc, they will help you do the calculation.作者: Lik 時間: 2011-11-3 13:54
咁唔少心呀，師兄...
唔係架老寶懈親吖嘛？係嘅話就我都戥你肉赤喎？
-力作者: yoshi86 時間: 2011-11-3 14:55
Thanks everyone for the help, i think i kinda understand the chart.
I just check my CRS from the insurance paper, i am CRS -17, so that means I am still good
so I need 6 years or 3 years to go back to -17?
Hey Lik, not my Rolla, it's my wife's Suby 作者: Lik 時間: 2011-11-3 15:05
本帖最後由 Lik 於 2011-11-3 15:06 編輯
One more thing, C Hing. If my understanding of this ICBC insurance stuff is correct, don't be misled into thinking that insurance premiums will not increase for you / your wife. It still will. From what I understand, your discount percentage will not decrease. However, your starting rate is dependent on both your CRS level and the discount amount. By dropping 3 steps lower, your insurance is still going up, but the amount is going to be sufficiently small such that it would not be worthwhile for you to cough up that $1800 yourself to fix both cars.
