penalties for bad drivers

[esoter1c]

Originally Posted by Senior

ICBC is a Crown Corporation. in essence we own it. so at the end of the day profits can either be reinvested in the company (us as we own it) or paid back to the shareholders as a rebate (again that's us). so either way we get the money.

In essence ?

In essence !?

Are you for real !?

I don't own any ICBC shares nor have I ever gotten a dime from ICBC.

So in essence you're on glue if you think the people are the Crown in any way shape or form.

[esoter1c]

Originally Posted by Senior

I don't know anyone who works for them. I just know what I'm talking about. but while we're playing this game let me guess. you had one or two bad experiences dealing with them added that to an article in the Province and branded them evil!

You know what you're talking about ?

Then where are my shares !?

I'd like to sell them asap.

[esoter1c]

Originally Posted by Senior

are you just playing dumb or are you serious?

Originally Posted by Senior

ICBC is a Crown Corporation. in essence we own it. so at the end of the day profits can either be reinvested in the company (us as we own it) or paid back to the shareholders as a rebate (again that's us). so either way we get the money.

In essence.

Essence is air Senior, it's fucking air.

We (that's us) give them (ICBC, the Gov't muppets) REAL MONIES.

They give us what ?

Essence ?

Awesome.

You wanna buy some essence from me, I'll sell it to you cheap.

Like $200 a month, that's cheaper than my insurance even.;)

Keep pulling numbers from the ICBC website to prove your point.

It's like asking the US Gov't how many US troops have died in Iraq.

ARE YOU REALLY BELIEVING THE LIES THEY'RE FEEDING YOU !?

[Alex]

personally I'd prefer privatization. bigger swings. my mom pays udner 40/month for full coverage in alberta, seeing as how she's never had a ticket or an accident. My cousin on the other hand at one point would have had to pay 4000/month... after 4 accidents and losing his license for stunting and speeding tickets at 19. Obvs he couldn't afford to drive, which is good because it kept a dangerous driver off the road.

BTW ICBC is completely incompetent, and generally not fair. My vehicle was stolen over the summer, and they paid me out 4000 less than it was worth(based on both my own research and federal income tax laws) To challenge them I would have needed a lawyer and a private investigator, which would have cost roughly the difference, and if I was found wrong I would have been further penalized by owing ICBC the cost of their court fees.

Not to mention that was 3 months ago, they charge me an additional 2 months in insurance after my claim was settled... Assured me they were issuing refund cheque's which I am still waiting on. They let me know a few days ago when I contacted them that they are 'super swamped and running behind, and that the cheque hasn;t been cut yet but to expect it shortly' after 3 months?!?!?


Not to mention the fact that I was charged the remaining interest on my yearly insurance(totalling another 150) regardless of the fact that the reason my insurance was canceled was due to the fact my vehicle was stolen and never found, or the fact that I insured a new vehicle before my claim was settled on on the old. That is criminal.

[esoter1c]

Originally Posted by Senior

your whole argument is based on semantics. your picking away at how I'm saying things and entirely stepping around everything I've said. but hey it's all just a conspiracy anyway!!!!!!!!!!!!

You say some bullshit, I call you on it, you cry conspiracy.

WTF do you think happens when you say ICBC is NON PROFIT.

I prove you wrong.

You say "In essence" we own a Crown Corporation".

WTF do you think I'm gonna agree ?

Like "In essence" I'm the Prime Minister ?

You just need to learn how to acknowledge defeat instead of saying...

"and this proves exactly nothing !"

Sorry, it proves you are wrong, ICBC does profit, alot, and it doesn't come back to us in any way, not in rebates or anything.

They had a profit of 6 Billion, did they lower rates ?

No, they bought Surrey Central and sold it, wait for it, for PROFIT !

Did they lower our rates !?

NO THEY FUCKING DIDN'T !

But that's just all in my widdo conspiwacy laden head wight ?

Get a grip, you are ignoring the elephant in the room.

& it has it's big elephant cock right up your ass.

Do you feel a rebate ?

[esoter1c]

Originally Posted by Alex

personally I'd prefer privatization. bigger swings. my mom pays udner 40/month for full coverage in alberta, seeing as how she's never had a ticket or an accident. My cousin on the other hand at one point would have had to pay 4000/month... after 4 accidents and losing his license for stunting and speeding tickets at 19. Obvs he couldn't afford to drive, which is good because it kept a dangerous driver off the road.

BTW ICBC is completely incompetent, and generally not fair. My vehicle was stolen over the summer, and they paid me out 4000 less than it was worth(based on both my own research and federal income tax laws) To challenge them I would have needed a lawyer and a private investigator, which would have cost roughly the difference, and if I was found wrong I would have been further penalized by owing ICBC the cost of their court fees.

Not to mention that was 3 months ago, they charge me an additional 2 months in insurance after my claim was settled... Assured me they were issuing refund cheque's which I am still waiting on. They let me know a few days ago when I contacted them that they are 'super swamped and running behind, and that the cheque hasn;t been cut yet but to expect it shortly' after 3 months?!?!?


Not to mention the fact that I was charged the remaining interest on my yearly insurance(totalling another 150) regardless of the fact that the reason my insurance was canceled was due to the fact my vehicle was stolen and never found, or the fact that I insured a new vehicle before my claim was settled on on the old. That is criminal.

Originally Posted by Alex

personally I'd prefer privatization. bigger swings. my mom pays udner 40/month for full coverage in alberta, seeing as how she's never had a ticket or an accident. My cousin on the other hand at one point would have had to pay 4000/month... after 4 accidents and losing his license for stunting and speeding tickets at 19. Obvs he couldn't afford to drive, which is good because it kept a dangerous driver off the road.

BTW ICBC is completely incompetent, and generally not fair. My vehicle was stolen over the summer, and they paid me out 4000 less than it was worth(based on both my own research and federal income tax laws) To challenge them I would have needed a lawyer and a private investigator, which would have cost roughly the difference, and if I was found wrong I would have been further penalized by owing ICBC the cost of their court fees.

Not to mention that was 3 months ago, they charge me an additional 2 months in insurance after my claim was settled... Assured me they were issuing refund cheque's which I am still waiting on. They let me know a few days ago when I contacted them that they are 'super swamped and running behind, and that the cheque hasn;t been cut yet but to expect it shortly' after 3 months?!?!?


Not to mention the fact that I was charged the remaining interest on my yearly insurance(totalling another 150) regardless of the fact that the reason my insurance was canceled was due to the fact my vehicle was stolen and never found, or the fact that I insured a new vehicle before my claim was settled on on the old. That is criminal.

What makes you think that a private insurance company is going to be better? What make you think they're not going to screw you over more than ICBC? I felt like I was treated unfair myself, but at the same time I feel better knowing that im dealing with a government run company than a private one trying to make a profit. At least you know that any extra money goes towards government spending (the public) or rewarding good drivers.

Are you so sure your mother is getting a better deal than us only paying $40 a month? It is possible to pay as low as $500 a year here in bc, but you must own a worthless car, drive for pleasure only, have a high deductible and barely be covered for anything etc.

[Alex]

Yes I am. She has a new(ish) car, full collision, full insurance. All of my friends parents pay similiar rates. The for porfit insurance companies in alberta run on the basis if: you have a clean record, have never had a ticket or accident you caused, you are not a risk. Therefore, any money they collect off of you is pure profit. Now, for those with bad driving records they pay astronomical rates, far higher than anyone in BC could possibly fathom. The Alberta companies make more profit, contributing in taxes to the economy, poor drivers often cannot afford to drive, and those with good records pay little to nothing in rates.

[Alex]

^ thats because new drivers statistically are more of a risk than drunk drivers.

[esoter1c]

Originally Posted by Alex

^ thats because jew drivers statistically are more of a risk than drunk drivers.

Waaaaaaaaaaaaaaaay outta line man.

[Grapes]

I'm Jewish and I drive just fine, thanks

[jenai]

to be fair to drivers banned from driving, ICBC should be handing out free bus tickets so they don't lose their jobs, and their employers should be notified of their loss of license so a deal could be worked out where part of the employee's wages goes towards a subsidized fare.

call it Fare2Work

[tiedye]

Originally Posted by jenai

to be fair to drivers banned from driving, ICBC should be handing out free bus tickets so they don't lose their jobs, and their employers should be notified of their loss of license so a deal could be worked out where part of the employee's wages goes towards a subsidized fare.

call it Fare2Work

Why? Being banned from something is generally a result of the person being at fault. If you're irresponsible behind the wheel and lose your license because of it, you should suffer the consequences. Free bus tickets would come out of taxes and that's just bullshit.

[DefJef]

Originally Posted by ebbomega

Just to reinforce some stereotypes, every single time a driver has almost creamed me and it wasn't my own damn fault the driver was one or more of the following:
1) asian
2) female
3) elderly
4) had Alberta plates

Do I think all those of these groups are poor drivers? Not at all. But the stereotypes do exist for a reason.

An elderly asain woman with alberta plates and TWO broken thumbs backed into me a few years ago.....

how bout that?!

[Digital Over]

they wont, they would just end up spending money on telling u how much profit they're making, and then inventing someway to do it in triplicate

Originally Posted by R Wellbelove

Im still appalled with with the $300-$500 deductible. Totally sucks when your parked car gets a hit and run. I also think they should put more effort into stopping drunk drivers...

sounds like you have no collision ?

Originally Posted by alla

sounds like you have no collision ?

oh alla.....quit the internet

you pay your deductible when no other party is at fault. like when a window gets cracked or someone hits you and runs away.

if a person hits you, and is there to claim it, and is found at fault then they pay your deductible and yours.

[LeeBrat]

Originally Posted by R Wellbelove

My problem is A LOT of drivers arnt getting caught in the first place.

Also, a lot of the driver committing these dangerous moves couldn't care less if there ICBC insurance goes up. Those who have money will pay no problem. If ppl are going to be driving and making dangerous moves... taking a license/car away is a much bigger consequence than $300+ a year.

I really must agree with this.
I consider myself a good driver, one of the reasons for this is because of the consequences i would pay if i lost my license. For those of you that know me know i live up in the mountains(and don't have access to use public transit) If I lost my license it would mean no more school, no work, no friends, etc.
So, even if someone's insurance goes up, if they need to drive they can come up with the money somehow. However, if you need to get to school or work, and knowing your license would be revoked, might make you think a little more.

Originally Posted by Avana

oh alla.....quit the internet

you pay your deductible when no other party is at fault. like when a window gets cracked or someone hits you and runs away.

if a person hits you, and is there to claim it, and is found at fault then they pay your deductible and yours.

Right.... Any insurance company has a deductible fee, but it fluctuates based on the type of insurance you choose, with the type of coverage offered. That also may reflect on the cost of your deductible fee. With ICBC, for example, you have an option to void the collision insurance, but if there is a hit and run incident and you make your claim, your deductible fee will be $750, even if it’s not your fault. Or with a monthly fee you have an option of adding the collision insurance and future hit and run claims will have the coverage with a $300, $500 and $1000 deductible. (lower cost of the deductible sometimes means higher cost of the insurance term)

What I was trying to say is try to think how many private insurance companies there are that are very competitive with ICBC and other insurance companies who offer better coverage for a lower rate and possibly with lower cost of a deductible.

it is shitty to have to pay for someone else's fault. but that's how insurance works, unfortunately you have to pay your own deductible unless their is someone else to blame and make them pay for it. :notrust:

Originally Posted by alla

Right.... Any insurance company has a deductible fee, but it fluctuates based on the type of insurance you choose, with the type of coverage offered. That also may reflect on the cost of your deductible fee. With ICBC, for example, you have an option to void the collision insurance, but if there is a hit and run incident and you make your claim, your deductible fee will be $750, even if it’s not your fault. Or with a monthly fee you have an option of adding the collision insurance and future hit and run claims will have the coverage with a $300, $500 and $1000 deductible. (lower cost of the deductible sometimes means higher cost of the insurance term)

What I was trying to say is try to think how many private insurance companies there are that are very competitive with ICBC and other insurance companies who offer better coverage for a lower rate and possibly with lower cost of a deductible.

well i am glad you went to the icbc website to find the answer this time, and dont try and backpeddle, pretty easy to see what you meant by what you initially wrote.

most people who avoid adding collision to their insurance are doing it because the car isnt worth it. if someone else hits you, and once again, it is their fault, their insurance covers it.

and private insurance is risky business. they have money to lose. icbc is a crown corp, they arent protecting their bottom line. if you want to low balled and get screwed out of what is owed to you, go with private.

^^ not really there are different type of local credit unions who carry insurance and they are actually pretty reliable


and i didn't need to go to icbc website, it wasn't necessary. i deal with icbc insurance and have for many years, including other types of insurance companies and I also learned a lot about insurance policies while i took some the financial courses ...

someone needs a cupcake diagram.

[Vitamin-X]

I think Icbc is a decent system.

That said, I think having a seatbelt and a few speeding tickets over
a couple years is no indicator of a dangerous driver- just an unlucky one.

[phatbacki3]

pshh
just get someone else to co sign my and insure the car
piece of cake broo

[phatbacki3]

i hate icbc jewish fuckers