What is the impact of ICBC’s collector vehicle insurance policy on a vehicle that is insured under the collector vehicle program?

British Columbia, Canada

The following excerpt is from Bolen v. ICBC, 2006 BCSC 1749 (CanLII):

In Madden v. ICBC (2002), 5 B.C.L.R. (4th) 179, 2002 BCSC 1285, the plaintiffs had insured their vehicle under ICBC’s Collector Vehicle Program. The program had a number of specific requirements regarding the condition and use of the vehicle. Vehicles are insured under that program for pleasure use only and not for general transportation. Because the owners are expected to drive the vehicles infrequently, ICBC offers a substantially discounted rate for insurance that reflects the reduced risk of an accident.

Other Questions

Is a motor vehicle insurance policy deductible under s. 25 of the BC Motor Vehicle Insurance Act? (British Columbia, Canada)
Is a vehicle that is insured for farm use and pleasure use more than twice as much as the vehicle insured for the purpose of transporting the insured to and from work? (British Columbia, Canada)
Is a payment made by an insurer under a life insurance policy an indemnification of the insured under the policy? (British Columbia, Canada)
What is the effect of a municipality's by-laws on the renewal of a policy of purchase and use of a vehicle insurance policy? (British Columbia, Canada)
Does the Superintendent of Motor Vehicles or ICBC have a blanket policy of imposing a 12-month suspension in cases such as this? (British Columbia, Canada)
Can a certificate of insurance policy be retroactive for an accident that occurred a few hours after the policy was purchased? (British Columbia, Canada)
When can an insured be found to have breached the terms of their accident insurance policy? (British Columbia, Canada)
Is the Wawanesa Policy concurrent coverage with the ICBC Policy? (British Columbia, Canada)
What is the burden of establishing that the insured was in breach of the policy by driving his vehicle when not qualified and authorized to do so? (British Columbia, Canada)
What is the effect of an election by an insurer under the indemnity clause of a policy where the insurer elects to replace a damaged or partially destroyed building with a replacement plan? (British Columbia, Canada)

Whitelogo nobg 300dpi sm

"The most advanced legal research software ever built."

Trusted by top litigators from across North America.