LPI Blog

ICBC Autoplan Special Risk Own Damage

ICBC Autoplan Special Risk Own Damage ICBC Autoplan Special Risk Own Damage is a type of policy that is available for purchased for high-value vehicles. To determine if your vehicle qualifies for ICBC Autoplan Special Risk Own Damage you need to know what the manufacturer’s suggested retail […]

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ICBC Autoplan Rate Classes

ICBC Autoplan Rate Classes ICBC has different rate classes for different usages that clients have for the vehicle they own. It is always good to make sure your Autoplan policy is correct when driving your vehicle.The most common Autoplan rate classes are pleasure use, work or school, […]

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ICBC article Out Of Province Vehicles

ICBC article Out Of Province Vehicles If you are moving to BC from another province or country, or just importing a vehicle there are certain steps you need to take before you can get ICBC Autoplan insurance. When a vehicle is being imported to British Columbia PST […]

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Autoplan ICBC Insurance Rating Model

Autoplan ICBC Insurance Rating Model: Drivers The Autoplan ICBC Insurance Rating Model (IRM), the new way for calculating premiums for ICBC insurance polices, has been in effect since September 1st, 2019. The IRM calculates the premium associated with a policy based on the vehicle a customer is […]

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Collision And Comprehensive Coverages When Buying ICBC Autoplan Insurance

People purchase ICBC Autoplan insurance every day, but not everyone knows exactly what they are receiving for their premiums. Below are collision and comprehensive coverages. ICBC Autoplan Collision coverage is available to cover physical damage to your vehicle. Even the best drives make mistakes and this coverage […]

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ICBC Doc – Extra Equipment

ICBC Autoplan can cover store equipment or parts added to the vehicle in excess of specific limits of coverage provided under your Autoplan policy. For equipment to be covered under an ICBC Autoplan policy it must be permanently attached to the vehicle, or shuttle-mounted and communication equipment. […]

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Gift Vehicles Between Related Individuals

Tax must be paid when transferring a vehicle in the province of British Columbia. ICBC Autoplan requires the PST to be paid on a vehicle when it is transferred between two individuals or a company. The tax can be omitted when the vehicle is transferred between directly […]

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LPI COVID Update

At LPI, we like to keep our customers well informed in these unusual times. We came across some articles of interest and wanted to share this information with you. Doctors at Alberta Health Services say people shouldn’t leave hand sanitizer in their cars for an extended period. […]

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Life Insurance Goes Online and Contactless

As we are all coping with uncertain health and economic times due to Covid-19 we wanted to bring to your attention that life insurance companies have responded by making underwriting easier and contact-free. Life insurers are now accepting a telephone medical interview in lieu of the more […]

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Fees being Waived By ICBC

ICBC has recognized that Covid-19 has placed a strain on many of it Autoplan customer’s finances. In a bid to help out where they can ICBC has announced that the $30 cancellation fee is being waived by ICBC for clients that cancel their insurance after April 23, […]

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