The British Columbia Thread! | Page 457 | FerrariChat

The British Columbia Thread!

Discussion in 'Canada' started by steve2814, Nov 23, 2003.

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  1. nismodrifter

    nismodrifter Formula Junior

    Jun 11, 2008
    528
    YYC/YVR
    Full Name:
    Navdeep
    #11401 nismodrifter, Jul 26, 2017
    Last edited by a moderator: Sep 7, 2017
    Nicolas21 likes this.
  2. f355spider

    f355spider F1 World Champ
    Owner Rossa Subscribed

    May 29, 2001
    17,913
    USA
    #11402 f355spider, Aug 1, 2017
    Last edited: Aug 1, 2017
    I owned both cars...at the same time for a while too. Great cars, miss them both. I think I have a picture of them both in my profile. I installed a Tubi on the 328 GTS, and a Capristo on the F355 spider. Regardless of their current performance measurement, they are still incredible cars to drive, and beautiful from every angle. :)
     
  3. greyboxer

    greyboxer F1 World Champ

    Dec 8, 2004
    12,282
    South East
    Full Name:
    Jimmie
    Hi - any interesting car events in or around Vancouver on the weekend of August 26/27 ? TIA
     
  4. SpyderGT

    SpyderGT Formula Junior

    May 15, 2005
    997
    Vancouver, BC
    Full Name:
    Jon
    Might check this listing for BC and the PNW: Harrison's Auto Event List | Harrison's B.C. & N.W. Washington Event Schedule Varioius small events but nothing specific to Italian cars. The show and shine in North Vancouver's waterfront park might be worth attending, even if just for the location. Easily accessible by car from anywhere in Vancouver or by taking the SeaBus from downtown Vancouver.

    You can always check out the cars dealerships off Burrard St - Ferrari, Lambo, Porcshe. all within a couple of blocks. Close (walkable) to downtown

    Another F-chatter and I will be heading to Everett, WA - about 2 hours from Vancouver - for this event: FHCAM - European Theater Day
     
  5. mik458spider

    mik458spider Formula 3

    Jan 13, 2013
    1,386
    Hi guys, anybody had significant increase in ICBC renewal? Just got my notice today, and the premium increased 80% from last year ($2k becomes $3.6K). No ticket, no claim, nothing at all. Is this normal?
     
  6. GPM

    GPM Formula Junior

    Mar 26, 2015
    550
    Vancouver BC
    ICBC has recently doubled the collision premium on anything over a $100k, my coverage for collision comp. etc has gone from $3000 to $5600 last month,,,with full discount
     
  7. SpyderGT

    SpyderGT Formula Junior

    May 15, 2005
    997
    Vancouver, BC
    Full Name:
    Jon
    Wow, that's quite shocking. Whether it reflects risk or a cash grab is debatable would require actuarial and/or underwriting skills to determine. How do the ICBC optional coverage premiums compare with private carriers?

    I can't imagine the new provincial government will be interested in ICBC premiums for optional coverage on cars of $100k when, apparently, the whole system in near collapse due to the costs of bodily injury claims and years of money being siphoned off to general revenue.

    I renewed the ICBC collector insurance on my 328 earlier this month. As ICBC stated in press releases months ago, there was no increase in collector insurance. Under $800 for $5 million TPL, $300 coll and $300 comp. Good deal.
     
  8. mik458spider

    mik458spider Formula 3

    Jan 13, 2013
    1,386
    I see. So the target is cars over 100K. I have no collision, means the basic insurance also almost doubled. Now what happened to cars below 100K, no increase?
     
  9. Ferrari Nube

    Ferrari Nube Formula Junior

    Sep 14, 2014
    317
    British Columbia
    I'm not sure about the $100k threshold.

    I just purchased a G550 at $135k (before sales taxes) and the insurance with $300 collision deductible, $5M 3rd party and regular (can't remember) comprehensive coverage, all from ICBC, for a grand total of approximately $2,800 or just under (pleasure use only). Regular work use would be another $150.

    My F430 renewal notice just came in for September at a hair below $2,500 with same coverage as above. Overall, just a minimal increase.

    I believe the threshold is $150k, not $100k. I only purchased the G550 to avoid the double insurance rates otherwise, I would have chosen the G63, which had a base price around $154k....

    Cheers
    FN
     
  10. mik458spider

    mik458spider Formula 3

    Jan 13, 2013
    1,386
    This means I got scr*wed. They are being personal with me. Here's my details :
    2014 S63 : 2016 = $1,200. 2017 = $2,300.
    2013 458 Spider : 2016 = $2,000. 2017 = $3,600.

    These are all basic policy only with $5 million 3rd party. So there is no coverage for my cars. And I have full discount. How come your 430 is just $2,500 with coverage while my 458 is $3,600 with NO coverage?

    I wrote a letter to ICBC asking why my renewal was hammered 80%. The reply asked me to talk to the auto plan broker. I'm confused because to my knowledge, it is ICBC that gives price, not brokers.
    What can I do in this kind of mess?
     
    dhari likes this.
  11. tjacoby

    tjacoby F1 Rookie

    Nov 1, 2003
    2,857
    Vancouver Canada
    Full Name:
    tj
    I've seen numbers a lot higher than this for 458 level cars. The Liberal transportation minister seemed to want to open competition on basic insurance, starting with the $150k+ cars. It seems ICBC is having troubles pricing these policies, and it's politically an easy sell.

    We'll see what the NDP do with the ICBC file.
     
  12. ducrob

    ducrob Formula Junior

    Nov 20, 2011
    749
    Canada
    Full Name:
    Rob
    Hang on....it's a minority government...politics both sides of the border are fascinating at the moment. Let's all hope that everything calms down.
     
  13. mik458spider

    mik458spider Formula 3

    Jan 13, 2013
    1,386
    Ok, got a clear answer from ICBC. All cars 2010 up and $100,000 up, are doubled.
    Brought to you by the BC Liberal, guys. They took the cash, and now we have to pay it. Isn't this an extra tax?
     
  14. Ferrari Nube

    Ferrari Nube Formula Junior

    Sep 14, 2014
    317
    British Columbia
    Interesting....my bud's 2014 458 was hammered right from the get go when he insured it in 2014. He paid approximately $3600 for insurance from ICBC but that only provided him with a maximum of 1,500kms annually. I should find out what his insurance premiums are now....

    I guess my older 430 is off their radar so to speak just because of the depreciation but I'm sure it would be just as expensive to repair..... Being a tricolour paint, I'm certain that it would cost more than a regular paint job.

    As for the extra tax, absolutely, this is an extra tax. Dumb ass Christy Clark was trying to appeal to the masses with another version of the "wealth" tax, but on cars.... With the NDP in power, of sorts, I'm sure these Communists will find other ways to attack perceived wealth!

    Cheers
    FN
     
  15. mik458spider

    mik458spider Formula 3

    Jan 13, 2013
    1,386
    People will start to stay away from daily driving cars over $100K. Nobody wants to become atm machine for the empire. Before this, I always maintained the 458 with full year insurance, even I don't drive in winter. Now I also take out my calculator, from early Dec to March, I will pull out. I can't imagine how much I'd need to pay if there is a collision coverage. Back in 2013, they quoted me $12K. Now must be at least $20K. LOL.
    Is there any other province with higher insurance rate of luxury cars than BC? If not, then the slogan Big Cash has become graB Cash.
     
  16. Peter

    Peter F1 Veteran
    Owner Rossa Subscribed

    Dec 21, 2000
    6,430
    B.C., Canada
    Been a while since I last posted.

    Rest assured, it's not exotics being charged a lot. I recently bought our old, company pick-up truck and was quite shocked at how much the ICBC agent quoted me. It's a 1990 GM Sierra 2500 3/4 ton and with only $1M third party coverage, no collision or comp, full 43% discount... $1300/yr. The insurance is way more than what the truck is worth! Good thing I got it for next to nothing!
     
  17. wjw300tt

    wjw300tt Karting

    Feb 25, 2008
    183
    chilliwack BC Canada
    Saw a white 458 on a trailer being pulled by a white bmw on hwy 1 headed east in chilliwack.
     
  18. yamashek

    yamashek Rookie

    Jun 5, 2006
    40
    Does anyone here have recommended local Vancouver experts in Ceramic Pro coating application?


    從我的iPhone使用FerrariChat 發送
     
  19. SLDriver

    SLDriver Formula Junior

    May 1, 2005
    651
    yamashek likes this.
  20. yamashek

    yamashek Rookie

    Jun 5, 2006
    40
  21. dhari

    dhari Karting

    Jan 24, 2011
    197
    Vancouver,Canada
    Full Name:
    Deepak Hari
  22. nismodrifter

    nismodrifter Formula Junior

    Jun 11, 2008
    528
    YYC/YVR
    Full Name:
    Navdeep
    ^nice! was next to a white on red 488 spider yesterday, lovely to see on a cloudy day
     
    dhari likes this.
  23. max930

    max930 Two Time F1 World Champ
    Silver Subscribed

    Apr 16, 2017
    20,022
    vancouver
    Ok, now I'll complain about ICBC. My 2018 F150 was $2500 for the year. Seems high too me for a truck. Maybe its because its owned by my business and not personnel, but still, its a truck.
     
  24. f355spider

    f355spider F1 World Champ
    Owner Rossa Subscribed

    May 29, 2001
    17,913
    USA
    I am pretty certain that is my former red/tan 1978 308 GTS parked next to Roy Kan's F348 Spider. That was the first of about 9 consecutive trips from Seattle I took to attend that show. I used to organize a large contingent from our local FCA chapter to come up....great fun.
     
    SpyderGT likes this.

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