British Columbia Portal

The Insurance Corporation of British Columbia (ICBC) is a provincial crown corporation in British Columbia created in 1973 by the NDP government of British Columbia. The original purpose of ICBC was to provide universal automobile insurance in British Columbia. Its responsibilities have expanded to include driver licensing and vehicle registration and licensing. Image File history File links Portal. ... Image File history File links Logo_icbc. ... Regions Political culture Foreign relations Other countries Politics Portal      Canada is a federation which consists of ten provinces that, with three territories, make up the worlds second largest country in total area. ... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ... Motto: Splendor Sine Occasu (Latin: Splendour without diminishment) Capital Victoria Largest city Vancouver Official languages English Government - Lieutenant-Governor Iona Campagnolo - Premier Gordon Campbell (BC Liberal) Federal representation in Canadian Parliament - House seats 36 - Senate seats 6 Confederation July 20, 1871 (6th province) Area Ranked 4th - Total 944,735 km... 1973 (MCMLXXIII) was a common year starting on Monday. ... The New Democratic Party of British Columbia is a democratic socialist political party in British Columbia, Canada. ... Auto insurance is insurance consumers can purchase for cars, trucks, and other vehicles. ... Current EU driving licence, German version - front 1. ... The Vehicle register in the United Kingdom is a database of motor vehicles. ...

By law, all owners of vehicles registered in BC must purchase ICBC's basic insurance package from an independent broker. This basic coverage, called "Autoplan," includes protection from third party legal liability, under-insured motorist protection, accident benefits, hit-and-run protection, and inverse liability. At the time the Corporation was established, it held a monopoly on automobile insurance in the province, but in recent years private insurance firms have been permitted to offer optional additional coverage, such as extended liability, collision, and comprehensive plans. While ICBC continues to hold a monopoly on basic insurance, it has chosen to offer optional additional coverage, in competition with these firms. An insurance broker sources (brokes) contracts of insurance on behalf of their customers. ... In the most general sense, a liability is anything that is a hindrance, or puts individuals at a disadvantage. ... Hit-and-run is the crime of colliding with a person, their personal property (including their motor vehicle), or a fixture, and failing to stop and identify oneself afterwards. ... In economics, a monopoly (from the Latin word monopolium - Greek language monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service. ...

Like other insurance companies, ICBC bases its premiums on a client's claims history, type of automobile, and geographic location. Unlike most private insurers, however, ICBC is prohibited by law from setting premiums taking into account such demographic characteristics as age, sex or marital status. The Corporation's discount plan (called "Roadstar" and "Roadstar Gold") rewards safe drivers with reduced premiums based on the number of years the driver has been free of successful claims against him or her. Look up premium in Wiktionary, the free dictionary A Premium may refer to: Premium rate telephone number, the UK Premium Bond Premium outlet Risk premium, in finance, the monetary difference between the guaranteed return and the possible return on an investment This is a disambiguation page — a navigational aid which... For the automotive term, see redline. ...

ICBC is governed by a board of directors appointed according to the provisions of the Insurance Corporation Act, ICBC's enabling statute. The board of directors, the CEO, and ICBC management govern ICBC in accordance with corporate governance best practices, and in accordance with the provisions of the enabling legislation, the Motor Vehicle Act, and other legislation applicable to ICBC. Rates applicable to ICBC's basic automobile insurance coverage are subject to the review of, and are set by, the British Columbia Utilities Commission. Revenue collected by the Corporation goes mostly into paying insurance benefits, while some is invested in fulfilling the Corporation's mandate to promote safe driving (the "RoadSense" campaign) and pursue other loss prevention strategies. Unanticipated profits incurred by the Corporation have been applied to lower premiums. Regulator of public utilities in British Columbia, Canada, such as Terasen Gas and BC Hydro. ... Loss prevention is a form of private investigation into larceny or theft. ...

Although it was established by a New Democratic government, successive governments of various stripes have maintained the public insurer. Occasionally movements for reform of the automobile insurance system in the province spring up, but they have thus far been unsuccessful. Poll results gauging public satisfaction with ICBC and/or support for its privatization have been mixed over the years.

License plate decals

It is necessary to place a decal on the rear license plate as proof of current insurance in order to be permitted to drive the vehicle. Decals have been used since 1970, but they all expired on February 28 of the following year until March 1980. Then they expired at the end of the month on the decal, until 1994. Then an additional decal, with a number on it for the day it expired, was introduced. The following are the colour patterns used in years from 1980 onward: Look up Decal in Wiktionary, the free dictionary. ... A vehicle registration plate, also called a license plate or number plate is a metal or plastic plate attached to a motor vehicle or trailer for official identification purposes. ...

1980 (MCMLXXX) was a leap year starting on Tuesday. ... Black cat, thought by some to cause bad luck Black is the shade of objects that do not reflect light in any part of the visible spectrum. ... This article is about the color. ... 1981 (MCMLXXXI) was a common year starting on Thursday of the Gregorian calendar. ... Red is any of a number of similar colors evoked by light consisting predominantly of the longest wavelengths of light discernible by the human eye, in the wavelength range of roughly 625–750 nm. ... 1982 (MCMLXXXII) was a common year starting on Friday of the Gregorian calendar. ... Mossy, green fountain in Wattens, Austria. ... 1983 (MCMLXXXIII) was a common year starting on Saturday of the Gregorian calendar. ... 1984 (MCMLXXXIV) was a leap year starting on Sunday of the Gregorian calendar. ... The orange, a fruit from which the modern name of the orange colour comes. ... 1985 (MCMLXXXV) was a common year starting on Tuesday of the Gregorian calendar. ... This article or section does not cite any references or sources. ... 1986 (MCMLXXXVI) was a common year starting on Wednesday of the Gregorian calendar. ... 1987 (MCMLXXXVII) was a common year starting on Thursday of the Gregorian calendar. ... 1988 (MCMLXXXVIII) was a leap year starting on Friday of the Gregorian calendar. ... Dark Blue is a 2002 film directed by Ron Shelton. ... 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... MCMXC redirects here; for the Enigma album, see MCMXC a. ... PinkIt can be described as a light red, but it is more bright, undersaturated red. ... 1991 (MCMXCI) was a common year starting on Tuesday of the Gregorian calendar. ... 1992 (MCMXCII) was a leap year starting on Wednesday. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... 1994 (MCMXCIV) was a common year starting on Saturday the Gregorian calendar, and was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by United Nations. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean [1]. // Coated in ice, power and telephone lines sag and often break, resulting in power outages. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ... A yellow Tulip. ... 2001 (MMI) was a common year starting on Monday of the Gregorian calendar. ... The orange, a fruit from which the modern name of the orange colour comes. ... For album titles with the same name, see 2002 (album). ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... A yellow Tulip. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Wonderful Days is a Korean animated science fiction film, released in 2003. ... For the Manfred Mann album, see 2006 (album). ... 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the Anno Domini era. ... 2008 (MMVIII) will be a leap year starting on Tuesday of the Gregorian calendar. ...

External links

• ICBC
• ICBC's mobile website
• The Insurance Corporation Act, the enabling legislation of ICBC.
• Zurich Insurance Co. vs. Ontario, a case in which age, sex, and marital status were determined to be legitimate factors in setting insurance premiums.