so i grabbed my keys ready to go to school this morning and noticed my bike wasnt there. all thats left is a couple metal pieces on the street.
took me a few minutes to realize and get over the fact that i didnt get comprehensive. hopefully theyll find it in one piece i guess...
but my question is. what do people do at this point? the best thing i thought of is cancellng my basic insurance and get a couple hundred bucks back. so i called ICBC to ask if i can cancel it
the lady was not at the very least clear about what she was talking about. she made it seem like i will be liable for the damage that this stolen bike would cause if i canceled my insurance. and it sounds like she was trying to prevent me from canceling my insurace. so im really confused. my understanding is that the bike is now stolen, so why am i still paying for insurance? can someone please explain to me why i shouldnt cancel the insurance, if theres a reason at all?