ICBC may factor speeding tickets into insurance rates 2011, five, insurance, discount, getting

tiffiant

ICBC may factor speeding tickets into insurance rates
Proposal by insurance provider
Tamara Slobogean May 05, 2011 09:18:34 AM
1 VANCOUVER (NEWS1130) - Winding your car up to a 110 km/h and getting caught could soon mean a higher price tag for auto insurance in this province. ICBC's new proposed plan would see you dinged you for a simple speeding ticket.

No longer will it be enough to go accident-free for a year in order to get rewarded with a five per cent discount on your insurance. The new model ICBC is considering would consider the speeding tickets and traffic no-nos you add up.
http://www.icbc.com/
On Vancouver streets, some drivers hate it -- others love it.

"I think that's great," says one man. "I've been driving 44 years without a speeding ticket. Behaviour is insurance; that's what it's based on."

The proposal is part of some big changes coming to ICBC. The insurance provider still insists customers with good driving records can expect lower rates.

tiffiant

benyaoguai

damn... the already have a point system that if you go over would affect your rates.. not this too..... sigh... i know it's good for insurers and everyone.... but sooo harsh

Lik

From the way this has been described, it seems like ICBC would be able to lower the rates for good drivers. Having said that, I think the first minor offence (or 2) shouldn't result in an immediate rate hike. Everybody speed a bit at one point or another ga la. The system needs to have a bit of leniency built in ga mah.

-Lik

benyaoguai

回復 4# Lik


i think it's more reasonable to follow the police policy
like right now they would suspend your license on spot if you are over the speed limit by a certain amount~
but i mean~ if you drive 63 at a 50 zone~ yes... you're speeding~ but COME ON~~~~

chobit

This means lawyer will make more money.
Here is the US, lawyer would help you to fight the ticket into a non-moving violation somehow which won't affect the insurance.

wongster

driving above 30-40km/hr is nothing especially on highway.. they should really punish the ones driving way pass that..