WebbAny British Columbia driver that wishes to register or drive a vehicle must first obtain an ICBC insurance plan. This basic coverage requirement covers the bare minimum level of insurance. The basic plan every driver must purchase covers up to $200,000 in bodily injury and property damage for third-party liability. WebbThird Party Liability insurance protects you from the financial risk of an at-fault crash. Your Basic Autoplan includes up to $200,000 in Third Party Liability coverage. But the costs of a crash could be much higher – and you could be responsible for the difference.

Third Party Liability Insurance: Everything You Need to Know

WebbIs Third Party Liability still included in Basic coverage? Yes, the minimum Third Party Liability coverage you are required to have is $200,000. For commercial vehicles, … WebbAutoplan includes financial protection for the following: Third Party Liability coverage ($200,000 limit which is not sufficient in many circumstances). Enhanced Accident Benefits which provide every British Columbian with benefits in the event of injury or death, regardless of who was at fault in an accident. Underinsured Motorist protection. brave wood splitter vh 9020

British Columbia Mandatory Coverage - Insurance Bureau of …

WebbThird-Party Liability $200,000, property damage capped at $20,000 $200,000, property damage capped at $10,000 Accident Benefits Medical Coverage Up to $300,0007 Up to … WebbThird party liability will still be required in some circumstances, such as: Your driver damages someone else’s vehicle or causes injury while driving outside of BC … WebbThe plan provides up to $2,000,000 in third-party liability protection as well as physical damage coverage.*. This plan allows hosts to earn 75% of the trip price and receive the … correlation versus slope