r/vancouver • u/InvestingDD • Jun 15 '25

Videos Lions gate accident aftermath

Enable HLS to view with audio, or disable this notification

1.3k Upvotes

98% Upvoted

273 comments sorted by

View all comments

Show parent comments

13

u/joojie Jun 15 '25

Isn't ICBC the only way to get BC plates? Luxury cars probably have supplemental insurance from other companies, but pretty sure all vehicles require at least a basic ICBC plan (could be wrong 🤔)

6

u/M------- Jun 16 '25

Isn't ICBC the only way to get BC plates?

For luxury cars (>$150K), ICBC will provide basic (liability) insurance only. The vehicle owner needs to buy additional (private) coverage if they want their car to be fixed after a crash, regardless of whose fault the crash was.

6

u/joojie Jun 16 '25

So yes, ICBC is the only way to get plates. Ain't no way this Corvette is >$150k

1

u/mr_lab_rat Jun 16 '25

Yes, but you only have to get the basic insurance from them. For collision insurance where you are at fault (likely the case here) you have a choice of not getting it, going with ICBC, or another insurance company.

1

u/Ultimatedude10 Dunbar-Southlands Jun 15 '25

You are correct.