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Old 02-24-2014, 09:08 PM   #14
The Limo 2
 
Drives: 2007 Toyota Yaris Sedan
Join Date: Oct 2012
Location: Chilliwack, BC Canada
Posts: 104
In British Columbia you must purchase insurance for your car in order to purchase a license plate or license plate sticker for your car.
The minimum insurance you can purchase is:

3rd Party Liability - $200,000 - If you are found legally responsible for someone else's injury or damage to their property, then 3rd party liability coverage will pay for claims or damages awarded against you.

Accident Benefits - $150,000 - If you are injured in a motor vehicle crash, Accident Benefits will help with medical costs and wage loss.

Underinsured Motorist Protection - Up to $1,000,000 - If you are injured or killed by the owner or operator of an underinsured vehicle and you're not at fault, Underinsured Motorist Protection will provide coverage if the at fault motorist does not have enough insurance and can't pay the claim.

Protection against hit and run and underinsured motorists - $200,000 - Automatic coverage up to a maximum of $200,000 is available to anyone whose property is damaged, or who is injured or killed by an underinsured or hit and run driver on a highway in BC. This coverage is available to all BC residents regardless of whether they own and insure a vehicle.

Inverse Liability Coverage - To recover your deductible if the other motorist is at fault and it is against the law to recover your deductible from their insurance company.
We have a choice of deductibles from $300.00 to $2,500.00.
You can also purchase additional insurance through ICBC or a private company.

Sorry to hijack this thread. Hope this explains it better.
Roy

Last edited by The Limo 2; 02-27-2014 at 02:35 PM.
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