Serving British Columbia for over 50 years
(604) 731-4684
Insurance Corporation of BC is the sole provider of Basic Autoplan insurance and must provide coverage to all vehicle owners who license and insure their vehicles in B.C. This system protects you because all B.C. motorists must carry at least a minimum amount of insurance. Your valid license plate number is your policy number.
Third Party Liability
Basic Autoplan provides you with $200,000 worth of Third Party Liability coverage. Buses, taxis, limousines, heavy commercial vehicles (over 5,000kg GVW) and commercial trailers must carry $ 1 million in coverage and $ 2 million if dangerous goods are carried.
Accident Benefits
Autoplan Accident Benefits help you with medical costs and wage loss if you are injured in a motor vehicle crash, regardless of who is at fault.
Underinsured Motorist Protection
Underinsured Motorist Protection provides you with up to $ 1 million in coverage if you are injured or killed by the owner or operator of an underinsured vehicle and you are not at fault for the crash.
Hit-and-Run and Uninsured Motorist Coverage
Under B.C.’s Insurance (Vehicle) Act, automatic coverage up to a maximum of $200,000 is available to B.C. residents whose property is damaged, or who are injured or killed by an uninsured or hit-and-run driver on a highway in B.C. This benefit is separate from the coverage afforded by your basic compulsory insurance and is available to all B.C. residents, even if they don’t own and insure a vehicle.
Inverse Liability Coverage
This part of Basic Autoplan covers you, to the extent that you are not at fault, for loss or damage to your vehicle if the crash occurs in, or the at-fault driver comes from, certain parts of Canada or the United States where the right to recover losses is legally prohibited. For a more comprehensive understanding of Basic Autoplan coverage please visit ICBC. Optional Extended Third Party Liability Coverage Many motorists increase their Basic Autoplan Third Party Liability coverage up to $ 5 million because if you are found at fault for a serious crash causing injury or damage, the courts can order you to pay damages well above $200,000. If you choose not to purchase additional liability coverage above the $200,000 provided in Basic Autoplan and you are found liable for a claim, you will be responsible for paying the portion of the claim exceeding $200,000, as well as interest and legal costs assessed against that portion. If you have a crash that causes both property damage and bodily injury or death, claims for bodily injury or death have priority on the first 90 per cent of your liability coverage. Claims for property have priority on the 10 per cent balance. This also applies to Extended Third Party Liability coverage. Personal Umbrella Liability Insurance can be combined with Autoplan Excess Third Party Liability coverage to extend limits up to $10 million. Your GNK representative can provide you with details about arranging Personal Umbrella Liability coverage.
For a more comprehensive understanding of Optional Auto plan coverage visit:
ICBC Optional Coverage
For ICBC Autoplan Optional Coverage Policy Wording visit:
ICBC Autoplan Optional Policy
Because this process involves a longer than average time commitment for you and for us, we urge you to telephone us and make an appointment with us so that we can attend to your registration without undue delay.
What You Need to Do:
1. How you use your vehicle. Your premiums reflect the amount of time you spend on the road and different conditions you drive in.
2. Where you live. The province is divided into territories based on geography, because traffic and other driving risks vary around the province.
3. Your claims history. A crash-free record gives you discounts on your Autoplan premium.
4. The protection you choose. Optional products – like Collision, Comprehensive or extended third-party liability to protect you, your family and your vehicle – will add to what you pay.
5. Your deductible. Your deductible is the amount you pay in a claim before ICBC covers the rest. The higher the deductible, the less your coverage will cost.
6. The vehicle you drive. The age, make, model and features of the vehicle you drive, along with its repair costs, affect your premium.
TALK TO YOUR GNK REPRESENTATIVE TO REVIEW VARIOUS COVERAGE OPTIONS SO THAT TOGETHER YOU CAN CHOOSE THE PLAN THAT IS RIGHT FOR YOU AND YOUR FAMILY.
YOUR GNK REPRESENTATIVE WILL WORK WITH YOU TO ENSURE THAT YOUR INSURANCE IS CORRECTLY RATED TO AVOID UNNECESSARY PREMIUM CHARGES.
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