A8 - Wednesday, July 18, 1984 - North Shore News

EE mailbox ><]

ICBC explains ‘vintage’

Dear Editor:

While applauding some of
the sentiments expressed by
your correspondent Douglas
Curne (ICBC Knocked Un-
fairly, June 6) 1 must correct
a number of factual errors in
his interpretation of the Cor-
poration’s policy as it relates

to Vintage or Classic
vehicles.
“The Valued Policy to

which Mr. Currie refers ap-
plies only to vehicles which
have been substantially
altered from the manufac-
turers’ orginal specification
at a cost of $1,000 or more.
In the event of a total loss
this optional coyerage
provides payment based upon
the appraised value of the

vehicle at the time when the.

insurance was purchased. It
iS important to note that
thes? appraisals are carried
out by trained ICBC staff at
no additional cost.

Vehicles eligible for a vin-
tage plate are insured under
an antique motor vehicle
policy. The value insured is
based upon the gwner’s
declarauion of value. Unless
questioned by the Corpora-
tion at the time of processing,
this becomes the sum
insured.

All other vehicles, in-
cluding Special interest, Col-
lector or just plain older cars
in good condition are insured
for their actual cash value in
accordance with the ‘*Princt-

ple of Indemnity’’ which has
ajways been alive and well at
t¥ea.lnsurance Corporation.

ae | e owner of an older
vehicle™-is concerned about
being able to prove its value
at the time ef a loss, it is wise
to have a set ef good color

photographs and copies of all
receipts for repairs. ‘An in-

dependent appraisal car be
helpful but this ts not an ab:?

solute necessity. Such
documentation may be used
as the basis for any claims for
damage or total loss. This
coverage 1s provided as part
of the owner's existing Own
Damage policy, with no addi-
uonal premium.

Patricia Monk

Media Relations Mgr.

ICBC

Towards a moderate majority

Dear Editor:

] see Premier Bennett 1s us-
ing the family budget analogy
to justify his economic and
social policies.

While not believing that
governmental and_ family
budgets have to operate iden-
tically, let us pursue the fam:-
ly paradigm.

Do famihies in tough times
take actions designed to
destroy their inner fabric? Do
they pit brother against
sister? Parent against child?
Force part of the family to
suffer so the other stays com=

fortable? They do if they
don’t know what they’re do-
ing or if self destruction is the
ulumate aim.

eet

=i SS,

Wik d omega ad dittoe naan aac a

The North Shore’s

BIGGEST

THANKS?
tor AY) WEARS, 0

Let us build a moderate
majority.
Richard Blackburn
North Vancouver

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JOeger
ei
the Bay

On Tuesday, July 24,
the Bay Park Royal will become more beauuful

Jaeger, renowned for classic, umeless fashions, is opening a
new bouuque at the Bay Park Royal.
Help us celebrate our grand opening
and the arrival of our 1984 Jaegar
Autumn Collection. Please join us
for an informal modelling of all that
the coming season has to offer.
« Refreshments will also be
served from 10:00 a.m. to
6:00 p.m., Tuesday, July 24.
Together, we can make fall
beauuful.