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A22-Wednesday, January

DAG mere - Para 2h te

23, 1980 - North Shore News

y ~~

ts 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 becausé‘of chariges 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.

«

LINCREASED

CHANGED
7 ‘ LIABILITY

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

than just the minimum coverage,
there will be nu extra cost

2. INCREASED NO-FAULT

ACCIDENT BENEFITS

Recognizing the higher cost of

hving, anumber of no tault accident

benefits are being increased

@ Weekly benetits increased to SIOO
from $75

@ Dependent benefits increased ta
$25 trom S15 a week

@ Funeral expenses increased to
$1000 trom $750

3 SAFE DRIVING VEHICLE
DISCOUNT CHANGE

A major change in the discount
program came meta cttect Last
September It waives the carher
requirement that dnavers in

Bnush © olumbia had te be umsured
under Autoplan for soc months

before they became eligible for a
Safe Driving Vehicle Discount.
Now, the discount can be applied
without the waiting penod and

it is based on the owner's previous
claim record. A one-year claim-
free record ears a 15% discount;
two years earns 25%, three
qualifies for 324%. This change
principally benefits people buy-
ing an additional vehicle and new
residents to the province.

INVERSE
NEW
COVERAGE eae

In some US. states and Canadian
provinces, your right to recover
costs for damage to your vehicle
through the courts 1s legally
prohibited when a resident of that
state OF province ts at fault in

the accident This new Autoplan
teature, which is included as

pan of vour basic coverage at no
extra cost Co you, provides tor
payment of your collision damage
cost to the extent that you are

not at fault tor che accident

: , | UNDER

NEW INSURED
1) Aue MOTORIST
™ COVERAGE

horan addivonal 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 offered under

the No-Fault Accident Benefits
schedule are insufficient to

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

AND THE |
EBA.LR.

Autoplan ‘80
will also intro
duce Phase |
of the FAIR
program

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

PROGRAM |
STARTS

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

pnneipal operators under 30 vears
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 territories and decrease
in others.

@ The Safe Driving Incentive Grant
will be disconunued because
the young, single, male drivers
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 Motorist Kit when
renewing your insurance. It contains
a handy pocket to protect your in-
surance and registration documents,
useful information if you have

an accident and details of Autoplan
insurance for 1980.

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

INSURANCE
CORPORATION

OF BRITISH COLUMBIA