A18-Wednesday, February 20, 1980 - North Shore News

t's getting close to renewal time for Autoplan insurance. The deadline
is February 29th for the majority of B.C. motorists. ©

Although rates are up by 10% because of increased costs, individual premiums may
increase or decrease because of changes in ICBC’s rating structure

and the introduction of Phase I of the EA.LR. program.
Your Autoplan insurance for 1980 also features some new built-in benefits for
everyone and some new options you should consider for your
personal protection when you renew.

ate el nye / INCREASED
LIABILITY
COVERAGES -aaeengeen

Like everything else, the cost of
settling bodily injury claims con.
tinues to rise. So, for your
greater protection, we have in-
creased the compulsory
minimum for Third Party Liability
insurance to $100,000 trom
S$75,000. For the nine out of 10
motorists who carrv more

than just the minimum coverage,
there will be no extra cost

2 INCREASED NO-FAULT
ACCIDENT BENEFITS
Recognizing the higher costot
living, anumberot no fault accident
benefits are being mcreased
@ Weekly benetits increased to S100
trom S75
@ Dependent benctits increased to
S25 trom $15 a week
@ Funcral expenses mereased to
SLOOO trom S750
Ne
3 SAFE DRIVING VEHICLE
DISCOUNT CHANGE
A mayor change inthe discount
program came into cttect Last
September It waives the carher
requirement that dnvers in
Bnush Columbia had to be insured
under Autoplan for six months

before they became eligible for a
Safe Driving Vehicle Discount.
Now, the discount can be applied
without the waiting penod and
itis based on the owner's previous
claim record. A one-year claim-
free record earms a 15% discount;
two years earns 25%; three
qualifies tor 324%. This change
pnncipally benefits people buy-
ing an additional vehicle and new
residents to the province.

INVERSE

NEW
TING COVERAGE

Insome US states and Canadian
provinces, yvour nght to recover
costs for damage to vour vehicle
through the courts is legally
prohibited when a resident of that
state or province is at fault in

the accident: This new Autoplan
teature, which as included as
partot vour basic coverage at no
extra cost to vou, provides tor
payment of your Collision damage
cost to the extent that vou are

not at fault tor the accident

1 UNDER
INSURED
MOTORIST
COVERAGE
Foran additional premium you can
how extend Your protection to

cover accidents where the insurance
of the driver at fault is not suf-
ficient to-cover claims for bodily
injury and death. If you are

the victim of an accident, and you
carry this option you are pro-
tected to the limit of your own
Third Party Liability coverage.

2. SUPPLEMENTARY NO-FAULT
ACCIDENT BENEFITS

If you feel the current disability and
death benefits oftered under

the No-Fault Accident Benefits
schedule are insufficient to

cover your needs, this opuon allows
you to buy a higher level ot
benefits tor an additional premium

ANDTHE Qatiavenmy
oy. A eee Will also intro
PROGRAM duce Phase |

SUV Une Of the FAIR
program

The premium you pay may be
affected by one or more of these
changes

@ Sex and mantal status wall be
removed as rating factors Uhis
will mean a decrease of about
30% in the average premium paid
by male vehicle owners or

pnneipal operators under 30 years
of age

@ The first step will be taken to-
wards removing geographical
location as a rating factor. As a
result, premiums will increase
in some territones and decrease
in others.

@ The Safe Driving Incentive Grant
will be discontinued because
the young, single, male dnvers
who received this grant will
benefit more from the new lower
premiums

® An additional premium 1s no
longer required for an occasional
operator under 25 years of age

If you have any questions, consult
your independent Autoplan agent,
or your Motor Licence Office. Be sure
to pick up your Motonst Kit when
renewing your insurance. It contains
a handy pocket to protect your in-
surance and registration documents,
useful informaton if you have

an accident and details of Autoplan
insurance for 1980.

Renew early and take time to
discuss the new coverages and your
requirements with your agent

INSURANCE
CORPORATION

OF BRITISH COLUMBIA