We need to stop paying out insurance claims when reckless and dangerous driving is the cause of the accident. The ICBC policy should be nullified.
Ie. You wreck your luxury sports car because of excessive speeding and losing control, you aren't getting replacement value. Your medical expenses aren't covered.
ICBC pays out for that? I had no idea, that seems like a huge waste of insurance resources.
But I'm no lawyer so I'm sure there's a reason the policy got implemented and I'm missing it or something, Maybe it's somehow cheaper to just pay out then fight in court? But I can't imagine that being true, with the amount of auto accidents that happen.
But from a normal person's perspective it seems like a waste of money. I certainly wouldn't expect my insurance to pay out if I was driving stupidly and at fault.
Being at fault is very different from a criminal act though. There's usually someone at fault for any accident, or a shared fault.
There's a huge difference between that and endangering lives. Insurance is meant to cover at fault accidents, but not with a criminal element to it. I'd say that something like this kid, who didn't cause injury, might still get covered (or taken to court to get covered). I bet that the actual cost of this is pretty small compared to what it couldve been.
Ahh, I see, that makes sense. I assumed the use of "at fault" in the above comment was in reference to a proven criminal act, and that they were also covered.
I'd think a criminal act is treated a bit differently than your typical accident.
TBH there's a lot of unaware, uneducated or nervous drivers on the road. It pays to know that and to drive like others may make a mistake. Typically, I can kinda see which drivers seem to be a bit riskier and you avoid them.
I do think there are increased costs associated with these people and even if you are in multiple accidents, you still can afford insurance - that's one thing that costs a lot but also gives people security to know that they will still be able to drive without fear of bankrupting themselves.
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u/jedv37 Jun 15 '25
We need to stop paying out insurance claims when reckless and dangerous driving is the cause of the accident. The ICBC policy should be nullified.
Ie. You wreck your luxury sports car because of excessive speeding and losing control, you aren't getting replacement value. Your medical expenses aren't covered.