BC Online Car Insurance

Each Canadian province has its own laws and regulations regarding car insurance policies. In the Canadian province of British Columbia (BC), the basic car insurance for all car owners are provided by the Insurance Corporation of British Columbia (ICBC). The basic car insurance provided by the ICBC to all British Columbian car owners is the government owned and government operated public auto insurance. All car owners in British Columbia are required to purchase the basic Autoplan Insurance from ICBC. The ICBC Autoplan Insurance features an inverse liability, an accident benefits, a hit-and-run protection, and a third party legal liability coverage. The third party legal liability coverage is mandatory for all provinces in Canada. Aside from the provision of universal public auto insurance, the ICBC is also responsible for the licensing of drivers and the registration of vehicles.

Since the basic car insurance coverage is already provided by the ICBC, other car insurance companies in British Columbia offer BC car insurance policies that feature optional coverage that are not supported by the ICBC Autoplan Insurance. Examples of the additional car insurance coverage offered by private car insurance companies include collision coverage, fire and theft insurance coverage, comprehensive plan coverage, and extended liability coverage. BC online car insurance companies may also offer replacement cost coverage, first accident forgiveness, and roadside assistance. Many private car insurance companies now offer their car insurance products online. The two reasons why private insurance companies offer their products online are to reach out to a wider range of prospective clients and to keep up with the tight competition in the car business insurance industry.

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